Russia’s Novak: If demand increases, all countries can gradually exit OPEC output pact

Russia’s Energy Minister Novak is out on the wires, via Reuters, expressing his take on the OPEC oil output cut deal.

Key Headlines:

Market might not finally be balanced by April 1, it's too early to say

OPEC oil output pact must end in times of increasing demand, as will happen this summer

If demand increases, all countries can gradually exit OPEC output pact