- We do not set oil price, markets set oil price
- Saudi oil policy has remained constant past decades
- We want steady prices that benefit all
- OPEC and non-OPEC must continue dialogue
Saudi minister of petroleum Ali bin Ibrahim Al-Naimi speaking in Mexico and probably fooling no one.
Brent crude is still wandering around just above $80. 81.50 – 82.20 is the range for today
Brent Crude hourly 12 11 2014
WTI continues to try to build on the base forming at 76.40 but is making hard work of it.
