• Saudi Energy Minister al-Falih: Commitment to supply-cutting deal is unquestionable

Market news

20 February 2019

Saudi Energy Minister al-Falih: Commitment to supply-cutting deal is unquestionable

  • Hopes the oil market will be rebalanced by April
  • Says the aim is to bring global inventory near 5-year average
  • Hopes Iran and Venezuela sanctions-related issues will not create supply gaps 
People’s Bank of China: Will maintain prudent monetary policy
German Finance Minister Scholz: We are very close to agreement on Eurozone's budget with France but not there yet
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