The meeting is scheduled to start at 08.00 GMT 25 May

  • 3 delegates saying 9 month likely extension
  • 1 delegate says 12 months can't be ruled out

Reuters reporting sources.

Eamonn had all the timings in his post here

Yesterday I posted some thoughts on price reaction and now repeat my warning about getting sucked into this rally.

Meanwhile WTI $51.76 and Brent $54.46 both just off session highs.

OPEC/non-OPEC meeting underway shortly