That's the word on the street
A tweet by renowned oil correspondent, Amena Bakr:
"Take that 600k recommendation number and double it... this is what some opec states are pushing for #OOTT #opec"
So far, the hope for the oil market is that OPEC will come up with something around the 1 mil bpd level so anything more will be a bonus.
That said, it may not do much but offer a short-term reprieve to prices should the virus situation continue to hurt the global economy as it is doing now.
