Saudi Energy Minister Khalid al-Falih speaking on Sunday at a news conference
- consensus among OPEC and allied oil producers to drive down crude inventories "gently"
- Saudi Arabia would remain responsive to the needs of a "fragile market".
- a possible rollover in the second half of 2019 of output curbs agreed by OPEC and non-members was the main option discussed at a ministerial panel meeting during the day but "things can change by June"
- "This second half, our preference is to maintain production management to keep inventories on their way declining gradually, softly but certainly declining towards normal levels,"
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Joint Ministerial Monitoring Committee (JMMC) meeting was held on the weekend
