10.04.2015 - Saudi oil adviser says too early to say what OPEC will do in June
It is too soon to say what OPEC will do when it meets to set output policy in June, an adviser to Saudi Arabia's oil minister said on Thursday."It is too early," said Ibrahim al-Muhanna in response to a question at an energy conference in Riyadh. "Any decision about the outcome will depend in the first place on the ministers themselves. When they meet they will decide," he said. Top exporter Saudi Arabia was the driving force behind OPEC's landmark decision, at its last meeting in November, not to cut oil output to support prices, and instead seek to defend market share...............................................Full Article: Source
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