OPEC meeting in Vienna begins today – Schedule

The highly anticipated OPEC oil output cut meeting commences today at 0900GMT. Meanwhile, a pre-meeting informal meeting begins at 8am local time i.e. 0700GMT.

A press conference will be held at 1600 local time i.e. 1500GMT.

All eyes will remain on dozens of headlines flowing in from the 14 member nations’ officials, as they are likely to be on the wires on the side-lines of the meeting.

Meanwhile, both crude benchmarks are attempting recovery after a sharp drop overnight, with WTI up +0.64% around $ 45.50, while Brent rises +0.74% to $ 47.70.