According to Reuters, citing three sources familiar with the matter
That's more than the 1 mil bpd rumoured earlier in the week after the meeting in Abu Dhabi on Sunday
And oil jumps. As mentioned earlier, until rumours come about of actual volume for production cuts, oil should remain weak. And this is a timely cue for a jump higher, I certainly didn't expect it to have come so soon but this could be the start of a turning point now for oil ahead of December's meeting in Vienna.
