Oman oil minister:
– Oil producers in a state of denial
– Oman, Mexico, Russia need to help OPEC
– Oil supply overhang needs solution
– Iran should be exempted from OPEC measures. It needs time to raise production
Some of the most hawkish comments from anyone who is actually willing to cut. Unfortunately today’s comments from Saudi Arabia were unequivocal in an unwillingness to slow the pumps.
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