Further comments on the day by Saudi energy minister Khalid Al-Falih
- Oil market has changed so there is a need to adjust policy
His earlier comments here basically confirms that the OPEC+ agreement will be set to ease on the output cuts when discussions are conducted next month in Vienna.
As a result, oil prices are weighed down with Brent testing the $77.00 handle and WTI falling below the $70 level.
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