OIL - OPEC could extend cuts agreement as early as May (not fresh news)

Author: Eamonn Sheridan | Category: News

I don't know if this was covered on FXL, so just noting it now

For the oil traders out there, this via Reuters:
  • The supply pact could be extended by May if all major producers showed "effective cooperation," Reuters on Thursday quoted an OPEC source as saying."
  • There's a good chance and high odds that the group (OPEC) decides that they want to continue this process," Energy Aspects analyst Richard Mallinson said.