Saudi oil advisor commented over the weekend that he expects oil prices to ‘firm’
Saudi Arabian oil minister, Ibrahim al-Muhanna, said Sunday that he expects oil prices to stabilize amid healthy demand growth and supply. Muhanna suggested that Saudi Arabia sees no reason to reverse its policy decision from November to maintain output, reports Reuters.

Kuwait’s OPEC governor said last week that the organization is unlikely to change the production policy at OPEC’s June meeting, in the first public comment on the cartel’s possible continuati...

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