OPEC/Non-OPEC Joint Committee recommends agreement with Nigeria to limit at 1.8m bpd

Oman and Kuwaiti Oil Minister out with latest headlines from the OPEC and non-OPEC meeting, citing:

OPEC/Non-OPEC Joint Committee recommends agreement with Nigeria to limit at 1.8m bpd

No deeper cuts recommended by the Joint Committee       

Did not agree on a deal with Libya

Separately, Reuters quoted a source familiar with the discussion, noting that the OPEC committee will meet again should output exceed certain level.