All but one of 26 analysts, traders and refiners surveyed by Bloomberg forecast that OPEC and other producers will agree to reduce output, with the average of their estimates at 8.5 million barrels a day. While that’s a vast decrease, it would still pale in comparison to the demand loss that some traders gauge is as much as 35 million barrels a day.

https://www.bloomberg.com/news/articles/2020-04-08/oil-extends-rally-as-producers-close-in-on-deal-to-cut-output?srnd=markets-vp