OPEC Source: OPEC in real push to strike first output deal since 2008 - RTRS

Reuters quotes an OPEC source familiar with discussions on oil output deal, noting that Saudi Arabian and Iranian OPEC officials are meeting in Vienna this week, in order to work out the shape of a possible output deal.

 Key Quotes:

"It seems that they all want to get some sort of consensus in Algiers. You can see that in the amount of meetings and diplomacy taking place. There is a real push"

"Logically speaking, it could be viewed as a cut if (all) agreed on using secondary sources"

It’s worth noting that OPEC's last two meetings in Algeria produced positive outcomes - surprise output cuts.