Home Saudi OilMin: Market conditions look better now than few weeks ago
FXStreet News

Saudi OilMin: Market conditions look better now than few weeks ago

Additional comments from Saudi oil minister Khalid Al-Falih continue to cross the wires.

Key quotes (via Reuters)

  • We are confident OPEC+ cut deal is certain enough to bring market into balance unless something unexpected happened.
  • Market conditions look better now than few weeks ago.
  • I would not rule out calling for further OPEC+ action at some time.
  • We have to give it time, oil demand is soft in Q1.
  • Saudi Arabia will lead to bring the market into balance, we will not going to let go.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.