Speaking on Twitter

  • Gulf Arab members of OPEC are working together to help the oil market

    toward an early recovery
  • Countries including Saudi Arabia missed no opportunity to support market stabilisation
  • We are meeting in Algeria for consultation
  • Hopes all OPEC members will support initiatives to speed up market recovery
  • Oil market is recovering and will balance but slower due to additional production by some members (nudge nudge)

Wants a deal.

Iran's oil minister has popped up too to say that the Algiers meeting is only advisory and we should expect that much from it. No deal.