More news from OPEC via Bloomers
Apparently from a delegate. I'm assuming the ECB is an executive board or something.
Concludes that OPEC cut by 1mbpd, non-OPEC by 500kbpd
Makes the recommendations before the groups ministerial meeting
That's around the low end of the numbers we've been hearing about today.
Brent isn't doing much on the news but it's dropped under 49.00 to 48.88.