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Sources: OPEC, allies set to agree oil cut extension to end of 2018 - RTRS

Reuters quoted four sources familiar with the output cut discussions, citing that the OPEC and non-OPEC oil producers are likely to agree at the meeting to extend an output-cutting deal until the end of 2018.

An OPEC delegate said, “they will agree on the nine months.”

A second source said, “no surprises ... all are for nine months.”

South Africa Producer Price Index (YoY) above expectations (4.9%) in October: Actual (5%)

South Africa Producer Price Index (YoY) above expectations (4.9%) in October: Actual (5%)
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WTI little changed near $ 57.50, OPEC outcome eyed

WTI (oil futures on NYMEX) failed to sustain at higher levels and fell back below the $ 57.50 barrier, as markets digest the latest remarks from the O
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