Saudi Arabia's oil minister Khalid Al-Falih speaks at the International Energy Forum in New Delhi
- Oil investments not keeping up with the pace of demand
- Remains committed to keeping oil market stability
- Country's spare oil capacity represents majority of spare capacity today
He commented earlier in the day saying he was happy with the oil market presently - likely referring to oil prices sitting at current levels.
Both WTI and Brent are slightly lower on the day, but the former looks poised to retest the year's high after shaking off the 26 February highs in yesterday'st trading.