Various OPEC headlines, citing an OPEC source familiar with Saudi thinking
- Saudi Arabia and others at OPEC are looking at different scenarios to stabilize the oil market
- The Saudi goal is to reach a consensus on production levels
- Seeks a credible, transparent solution
- The meetings in Vienna and Algeria are to build consensus before the Nov 30 meeting
Separately, Russia is said to want OPEC to first agree to a supply pact among its own members before asking Russia to participate.
What a gong show.
