Reuters sources
More from these "OPEC experts".
Recommend minister debate that an oil output cut of between 4% & 4.5% for each member be debated next week
Libya and Nigeria could be excluded from cuts
Sources say Iran, Iraq and Indonesia have reservations about a cut
Brent spiked to 49.15 on the cut talk but then dumped to 48.55 on the details.
We heard earlier that the Iraqi foreign minister was against any cuts so it might be a hard sell to others. This is also "to be debated" another time so there's nothing really tangible to buy on here. All the same, at least we're getting some of the finer details being discussed.
