Comments from the Russian energy minister
The IEF can help with OPEC & Non-OPEC dialouge
He's not bee short of comment today. Brent's been pretty tight so far and we're just sitting off new lows at 46.34.
OPEC sec gen Barkindo popping up now on Bloomberg too
OPEC consultations are ongoing
OPEC members have made progress since Doha
Sky news now reporting that the Saudi's have offered to cut output by 500kbpd if Iran freezes output. That headline has lifted Brent by 20 ticks from a 47.26 low. They want Iran to freeze at 3.6mbpd.
It's pretty much along the lines of the deal that's been bandied about these last few days.
