OPEC secretary general out on the wires 13 Nov
- global cuts only viable option to restore stability
- oil demand growth to stay above 1.5m bpd in 2017/18
- global stock levels visibly down
- global oil demand is robust
Oman oil minister:
- confident that output cuts deal will be extended
- sees cuts extended until end-2018
UAE oil min:
- next year we will have less volatility
- hopes that commitment of 24 oil output pact continues
Ntg that the oil markets doesn't already know and oil prices failing to react on the comments as yet.
OPEC's Barkindo - Upbeat on oil rebalancing
