OPEC+ meeting is underway! Saudi Arabian oil minister, Prin | FBS Analytics

OPEC+ meeting is underway!

Saudi Arabian oil minister, Prince Abdulaziz, calls for “caution” and “vigilance”, not to endanger the group’s achievements. According to him, output cut compliance among the group members is high. The uncertainty about the oil market recovery remains.
Russian Deputy Prime Minister Alexander Novak pointed out that uncertainty remains, but the market is in much better shape now.
Brent jumped above $65 a barrel.
If you want to watch it, here’s the link: https://www.opec.org/opec_web/en/multimedia/349.htm