This year has been a tumultuous one for global financial markets, to say the least.

OPEC+ will be holding an in-person meeting in Vienna today, and is set to announce a major decision that’s likely to reverberate across global oil markets.

US stock futures have perked up this morning on news that China will cut its quarantine time on foreign travellers. This comes as Wall Street pared gains after initially rising from stronger-than-expected US durable goods data.

Oil traders have been kept on their toes all day Thursday. Markets had a lot of new information to digest, resulting in oil prices being whipped about over the past few hours.