Russian energy minister Alexander Novak noted on Thursday that they haven't yet made any decisions on possible changes to the OPEC+ oil output cut deal.
"According to the current deal, we will see the easing of oil cuts from August," Novak added and reiterated that a second wave of coronavirus could hurt the global oil demand. "Hopefully, the global oil market will reach balance or shortage in July."
Market reaction
Crude oil prices edged slightly lower on these comments. As of writing, the barrel of West Texas Intermediate was trading at $40.05, still adding 0.85% on a daily basis.
作者：Eren Sengezer，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
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