Russian Energy Minister recently crossed the news wires, via Reuters, saying that it was important to prevent the oil market from overheating.
Key quotes
- Vienna OPEC, non-OPEC declaration is still positive for the oil market.
- Oil price is acceptable now.
- It is important to prevent oil market overheating.
- Confident OPEC, non-OPEC can come to an agreement on an acceptable rise in oil output.