The energy market continues to be whipsawed by potential production cut expectations, strategists at TD Securities apprise. Key quotes “The OPEC+ meeting is still set to go ahead tomorrow, with the cartel’s analysis indicating demand is set to contract 11.9m bpd in Q2. As such, some delegates have stated a 10m bpd cut is on the table, but they also state no cuts is also a possibility, keeping the range of outcomes very wide.” “G20 energy ministers are set to meet on Friday to discuss market stability, and the Texas RRC will meet on April 14th. While all of this does offer some optimism that a cut can be done, it remains unlikely that OPEC+ will cut double digits on their own and without commitments from other key producers such as the US.” “With front-month contangos over $5/bbl for WTI, and not much better for Brent, the prospect of rolling long positions becomes extremely expensive and is likely to provide another bearish lean as investment demand and bottom picking flows could very well decrease.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next S&P 500 Price Analysis: US stocks trade in three-week’s high, nearing 2700 mark FX Street 2 years The energy market continues to be whipsawed by potential production cut expectations, strategists at TD Securities apprise. Key quotes “The OPEC+ meeting is still set to go ahead tomorrow, with the cartel's analysis indicating demand is set to contract 11.9m bpd in Q2. As such, some delegates have stated a 10m bpd cut is on the table, but they also state no cuts is also a possibility, keeping the range of outcomes very wide.” “G20 energy ministers are set to meet on Friday to discuss market stability, and the Texas RRC will meet on April 14th. While all of this… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.