Kuwaiti oil minister wants unity in production cuts
- Predictions on the oil recovery/balance are not accurate
- Q1 2016 will be a better time to assess oil demand picture
- Prices are governed by world economic growth
- OPEC should stick to unity and not cut production alone to balance market
- Non-OPEC producers must join in any cut
- Believes oil prices have bottomed out
Brent is maintaining the rally from the end of October and is having a crack at getting above the 50.60/51.00 area once again
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