Speaking on Twitter
Gulf Arab members of OPEC are working together to help the oil market
toward an early recovery- Countries including Saudi Arabia missed no opportunity to support market stabilisation
- We are meeting in Algeria for consultation
- Hopes all OPEC members will support initiatives to speed up market recovery
- Oil market is recovering and will balance but slower due to additional production by some members (nudge nudge)
Wants a deal.
Iran's oil minister has popped up too to say that the Algiers meeting is only advisory and we should expect that much from it. No deal.