OPEC

  • Cuts forecast for world demand fir its crude by 700Ok bpd in 2020 and 1.1mln bpd in 2021
  • Oil output rose by 760,000 to 24.05 mlnbpd as OPEC+ eased provide lower
  • Compliance not at 103%

Oil rising larger. Now at 37.27. In all probability not as unhealthy because the market was fearing. Excessive compliance is nice, particularly with compliance usually a problem.