Russian President Putin stated that OPEC+ aims to achieve price stability on the oil market, not to raise prices. Interfax quoted Putin saying that OPEC+ is managing to keep oil prices stable. Kuwait officials mentioned that global oil consumption is strong and the market appears relatively balanced. The IEA's Head of Oil Markets also noted a relatively balanced market in the second quarter, with the impact of the OPEC+ cut extension having a muted effect on prices.
Oil Demand Is Looking Healthy and Market Balanced, #Kuwait Says #oott https://t.co/lvbOU1Yaaj
#OOTT IEA's Head Of Oil Markets: We See A Relatively Balanced Market In The Second Quarter, Which Is Why The Impact On Prices Of OPEC+ Cut Extension Was Relatively Muted - We See That The Market Is Relatively Well Supplied This Year
đź”´ OSLO-IEA'S HEAD OF OIL MARKETS: WE SEE THAT THE MARKET IS RELATIVELY WELL SUPPLIED THIS YEAR.
đź”´ OSLO-IEA'S HEAD OF OIL MARKETS: WE SEE A RELATIVELY BALANCED MARKET IN THE SECOND QUARTER, WHICH IS WHY THE IMPACT ON PRICES OF OPEC+ CUT EXTENSION WAS RELATIVELY MUTED.
Global oil consumption is strong and the market looks relatively balanced this year as OPEC+ tries to stabilize prices, according to Kuwait officials https://t.co/ffMayrrGSz
#OPEC+ is managing to keep oil prices stable, Interfax quotes Putin as saying #oott https://t.co/TTPyDJVdkU
Putin Says OPEC+ Doesn’t Aim to Drive Up Oil Prices: IFX if by OPEC+ he means Biden, then sure
#Opec+ aims to ensure price stability on the oil market - #Russia President Putin #oott
đź”´ PUTIN: OPEC+ SETS THE TASK TO ACHIEVE PRICE STABILITY ON THE OIL MARKET, AND NOT TO RAISE PRICES - IFX.