Here we go.

Livesquawk noting some new headlines that say that neither the Saudi's nor Iran can agree on what projections to use for freeze levels.

  • Saudi's want to use secondary sources, Iran wants to use government projections

  • The disagreements could go unresolved ahead of the meetings in Algeria

Iraq has also piped up and said that they won't think about capping output until it has reached 4.75-5mbpd.

Brent topped put at 48.23 after the earlier news and fell back to 47.51 after this news.