OPEC+ pact to stay in place but level of cuts may be adjusted if needed

Comments from a Gulf source cited by Reuters

• OPEC and non-OPEC producers to continue cooperation until the end of 2018 and beyond

• Any adjustment in oil output will be gradual but no decision taken yet on size or timing

• Market moving toward balance but OPEC+ not ready yet to fully lift controls

Oil is at the best levels of the day, up $1.25 to $68.00.