Russian headlines crossing

  • Putin welcomes OPEC+ communique which became compromise
  • Hopes Mexico agrees to join OPEC+ production cuts
  • Hopes OPEC+ deal w il have positive impact on global markets once Mexico joins oil output cuts
  • Talks with Mexico continue
  • Everyone benefits from OPEC+ oil cuts
  • Cooperation is needed to stabilize market

Meanwhile at the G20 energy minister meeting, the Saudi energy minister called for "affordable energy supply" as a key to facilitate a global economic recovery.

He said:

  • "Having affordable, reliable, accessible energy supply is considered a necessity to enable basic services, including healthcare, and help our efforts to assisting economic recovery"

Well... oil is certainly affordable and accessible. Him him HMMM