OPEC+ ‘in state of readiness’ as physical, futures crude markets diverge: Saudi energy minister

OPEC and its allies are in “a state of readiness” amid a divergence between the physical and futures oil markets, which has prompted the 23-member alliance to take decisions that are preemptive, precautionary and proactive, Saudi Arabia’s energy minister said June 11. “I think the physical market is telling us something, I think the futures market is telling us something…