Qatari energy minister: OPEC meeting was positive because Oil prices on the rise

Qatari energy minister Al-Sada crossed the wires via Reuters last minutes, making his comments on Thursday’s OPEC meeting.

Headlines:

OPEC meeting was positive because Oil prices on the rise

OPEC meeting on Thursday had positive atmosphere

It was success meeting

There is huge shrinkage in investments

Market is heading towards rebalance

Meanwhile, both crude benchmarks trade almost unchanged so far this session, with WTI above $ 49 and Brent defending $50 mark.