Various comments coming out from different OPEC members

  • Iraqi's oil minister says that he's heard from non-OPEC nations that they're ready to cut production
  • Says nobody is proposing individual quotas
  • Saudi's say they are willing to cooperate with anyone to help stabilise the market
  • Venezuala proposes to cut output by 5%
  • Iran doesn't expect OPEC to do anything

Door step comments by the sounds of things and the calls for cuts by those more out of pocket than others grow louder. Meanwhile, the Saudi game of chicken continues