Saudi energy min: Current OPEC+ deal will continue until year end

Says can't increase output only based on initial signals about demand

Oil demand level is unpredictable, I will believe in demand growth when I see it

The better signs from the global economy are bullish for oil but there are some indications that Chinese demand isn't coming on as quickly as some thought. OPEC always talks its book but there is no clarity on either the demand or supply side on oil.