Reuters out with the comments from Lithuanian central bank head

  • low oil price is the new reality, we should get used to it
  • low oil price produces benefits to growth and consumers
  • ECB should rather focus on core inflation
  • ECB policy is effective, bank doing what it needs to do

Meanwhile Brent crude and WTI still enjoying some respite at $31.86 and $31.68 after posting solid gains today.

Vasiliauskas - Low oil prices are here to stay