OPEC ministers agree in principle to bring output compliance back to 100% - RTRS

According to the latest headlines flashing on the wires, via Reuters, citing a source familiar to the development, OPEC ministers are said to have agreed in principle to bring output compliance back to 100%. Compliance for OPEC members was at 146% in May. 

The news did little to influence oil prices, with WTI crude oil maintaining its strong bid tone and currently holding near session tops, around mid-$66.00s.