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venerdì 18 novembre 2016

Everything is going positively says Russian energy minister

Novak gushing after Doha meeting



  • Russian and OPEC positions are drawing closer



  • Is sure OPEC can reach an agreement Nov 30th



  • Had a productive meeting with Saudi"s Falih



  • Russia is ready to join an OPEC deal and ready to cut output



  • Won"t comment on Iran proposal and doesn"t want to disclose numbers being discussed



  • Still discussing the months on which the deal can be based, 6 months is being discussed



  • Freeze is one of the options



  • Freeze can help rebalance the market



  • Oil demand expected to continue growing



  • If we don"t increase supply it may help the market


Another small lift in Brent to a new high of 46.56.


Everything is going positively says Russian energy minister
Everything is going positively says Russian energy minister
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