Kuwait oil minister says OPEC monitoring market, Trump remarks on Russian oil

KUWAIT (Reuters) -Kuwait’s Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump’s recent remarks on Russian oil.

“Through OPEC, we are monitoring the market in terms of supply and demand, and we are monitoring the U.S. President’s statements,” Al-Roumi told reporters, adding that he expects oil prices to be below $72 per barrel.

The minister described the market as healthy, with demand growing at a…