Bloomberg reporting comment from as yet unnamed source
A short while ago Kuwaiti OPEC gov said that patience is required. Oil markets will eventually balance out
Update: News just out on Bloomberg says OPEC estimates that price will rise in nominal terms to $80 per barrel in 2020
No rush to get long then
Brent crude near session lows at $48.87 after failing to hold above $50.00
WTI $46.49 also down nearly 1.5%
