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Saudi OilMin: Market conditions look better now than few weeks ago

Additional comments from Saudi oil minister Khalid Al-Falih continue to cross the wires.

Key quotes (via Reuters)

  • We are confident OPEC+ cut deal is certain enough to bring market into balance unless something unexpected happened.
  • Market conditions look better now than few weeks ago.
  • I would not rule out calling for further OPEC+ action at some time.
  • We have to give it time, oil demand is soft in Q1.
  • Saudi Arabia will lead to bring the market into balance, we will not going to let go.

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