Reuters/Livesquawk reporting

  • nothing to suggest an emergency meeting but regular discussions regarding oil market are being held

Next scheduled meeting is in June but earlier I posted Nigerian calls for early meeting if $30 broke

Meanwhile BP have announced 4000 job cuts worldwide, 600 in UK over next 2 years

Brent and WTI still finding some love this morning at $31.63 and $31.33. All relative though.

USDCAD down to 1.4211