Lawrence Eagles Output Quotations

Whether OPEC chooses to make public the size of any output cut ahead of the ministerial meeting Nov. 14 is uncertain, ... But it may well choose to do so if prices remain weak.

OPEC is now talking about a 1 to 1.5 million bpd cut and Mexico and Russia are at least talking about output cuts,

The fact that the North Sea output problem is supporting the market really shows how tight the physical crude supply is.