According to Bloomberg
Says that the joint technical committee of OPEC and non-OPEC nations are to discuss later today on new ways to assess surplus in oil stockpiles. At present, they currently view that the stockpiles are almost cleared and expect the oil market to rebalance in Q2 on higher compliance from producers with output cuts.
The source by Bloomberg also says that the committee did not discuss the impact on US sanctions on Iran or on the existing OPEC+ agreement yesterday.
Well, whatever they need to do in order to convince themselves that oil prices should go higher I guess.
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