Gaining on China stimulus, but planned production hike by OPEC+ is hanging over the market as a dark cloud

A 1% gain from China stimulus.

Brent crude troughed out at USD 68. 68/b on 10 September and has recovered nicely since then.

Yesterday it traded to an intraday high of USD 75.

17/b before settling down at USD 73.

90/b.

This morning it has bounced up 1.

1% to USD 74.

7/b on the back of China stimulus with comparable.