Livesquawk citing the FT
FT sources story saying a senior gulf delegate says that the Saudi's and other big producers might consider taking further action to get prices up;
- There are 3 steps to take action and balance the market and increase price
- One, to freeze production
- Two, to get others on board
- Three, later, assess and see if we need to go beyond the production freeze
It's another load of guff that requires everyone to take part
The full article is here (gated but available with a free sub)