UAE Energy Min Mazrouei: OPEC+ is very close to deal on extension

UAE energy min Mazrouei is crossing the wires and has said that OPEC+ is very close to deal on an extension.

Key comments:

• Not a challenge to reach an agreement.
• Meeting is happening at end of June or July  .
• US output not a threat, pace of growth is issue.
• we need all to replace barrels at reasonable pace.