Sources: Turkmenistan expected to join OPEC-led oil supply cut - RTRS

Reuters quoted sources in OPEC and the industry late-Thursday, noting that Turkmenistan is likely to join an OPEC-led cut in oil supply aimed at supporting prices.

One of the sources noted: "Egypt and Turkmenistan are expected to attend the conference for the first time."

Another OPEC source said, “there could be more cuts if there are other non-OPEC countries that will join the agreement," adding that “Egypt will participate as an invitee but is not cutting production. We are short on products and we do not export crude."

Turkmenistan is a small producer, pumping about 250,000 bpd.