OPEC+ cuts on Thursday to depend on US, Canada, Brazil and others’ proposal – Reuters

The output cuts by the OPEC and non-OPEC producers (OPEC+) on Thursday would depend on how much the US, Canada, Brazil and others will propose, Reuters reports, citing an OPEC source with knowledge of the discussion.

• Baseline level for oil output cuts yet to be agreed
• This is considering production of some members jumped in April vs Q1