OPEC deal could be extended in May - RTRS

News agency Thompson/Reuters said on Thursday that the current OPEC/non-OPEC agreement clinched in late 2016 could be extended depending on oil stocks and if all major producers show 'effective cooperation'.

At the time of writing both the barrel of West Texas Intermediate and Brent are trading in daily highs in the $53.40 area and just above thge $56.00 mark, respectively.