Russian energy minister on the wires 6 April
- doesn't rule out that OPEC and non-OPEC nations may revise oil output quotas at June meeting
- wider co-operation agreement with OPEC could be indefinite
- OPEC and non-OPEC may hold meetings every 6 months to decide on actions on global oil markets after current deal expires
- there are no proposals for 6 months global oil deal extension to H1 2019
- oil deal participants should not only consider global oil inventories as benchmark for decisions, but also look at demand
- expects US and Saudi top energy officials to attend economic forum in St Petersburg in May
Oil prices moving a little higher again on the talk of extended output deal terms.
WTI $63.40 from $63.20 Brent $68.07 from $67.85
