Something they know or wishful thinking?

Mustapha Sanalla is chairman of Libya's National Oil Company and he's out saying that he expects an OPEC deal today. He also expects Libya to be exempt from any freeze deal.

If you're wondering, the OPEC shindig is expected to start around 14.00 GMT today.

Judging the moves in oil today, the market is bored with all the deal or no deal stories and is happy to wait it out until we get comments from that meeting. Brent trades at 46.30 and has only had a rough 40 tick range so far today.