Saudi Arabia’s crown prince Mohammed bin Salman, is out with some comments, saying that OPEC is to discuss bringing more supply to the market.
Key quotes:
“¢ Committed to ensuring adequate oil supplies.
“¢ Wants to avoid either oil shortfall or oil glut.
“¢ Oil market fundamentals remain healthy.
“¢ Must address the weakness of OPEC policy.
“¢ OPEC must adopt flexible, forward-looking policy.