Comments coming out of Vienna
Iraq
- OPEC agrees in principle to 9 month extension
- OPEC says it will monitor output cuts deal every three months
Saudi oil min
- OPEC must do more because overhang remains
- We’re entering a period of lower oil demand
- Inventories have not reached comfportable levels
Iran
- Most of OPEC favout an extension of at least 6 months, 9 max
All these comments are coming out from various OPEC delegates in and arouind the meeting. These are not the final decisions but doorstep comments.
You can watch the pre-meeting interviews live from OPEC.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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