Saudi OilMin: oil market is in better shape now after OPEC cuts - RTRS

Continuing with his earlier comments, Saudi Arabia's Energy Minister Khalid Al-Falih was further noted saying, via Reuters, that oil market is in better shape after OPEC cuts. 

Additional comments:

   •  Concerned about tight spare capacity.
   •  Have to wait until OPEC meeting in June to determine what the target is.