Welcome to the what to expect edition of Oil Markets Daily!
https://seekingalpha.com/article/4089496-expect-non-opec-opec-meeting?app=1&isDirectRoadblock=false "Bottom-line: Understanding what the consensus is projecting going into this meeting gives us clarity on what's priced in and what's not. Clearly, consensus does not expect this meeting to provide any meaningful surprises to the upside or the downside. If Saudi announces that it will cut production further to compensate for Nigeria and Libya, the market will react very strongly as the Saudi's demonstrate the willingness to follow through on "whatever it takes." If there are no surprise announcements, then we don't expect a sell-off either as this is the current forecast from the consensus."