Russian Energy Minister Alexander Novak cross the wires in the last hour, via Reuters, noting that currently there is a balance between demand and supply in the oil market but there are several uncertainties.
Additional quotes:
“¢ We desire there will be more clarity following the G20.
“¢ I Will Meet Saudi Energy Minister Falih In Osaka.
“¢ Russia is expecting a balanced agreement amongst OPEC+ members in Vienna.
“¢ We believe that the decisions from OPEC, non-OPEC will ensure the oil market stays balanced.