Saudi EnergyMin: Oil market rebalancing partially achieved

Eren Sengezer FXStreet

Statements from the OPEC meeting continues to cross the wires, via Reuters:

Saudi energy minister: Oil market rebalancing partially achieved
Saudi energy minister: Determined to deepen framework for cooperation between OPEC, non-OPEC
Kuwait oil minister: OPEC agreed 9-month extension to cuts. Iran, Nigeria, Libya Retain same conditions

To watch the press conference live: 172nd OPEC meeting press conference – Live

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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