Saudi Arabian Oil Minister Khalid Al-Falih was reported by Reuters as saying that markets are in need of more oil. Key Headlines: Need to release 1 million bpd in supply. The market needs more oil. We will have to come to a decision that satisfies all stakeholders. Consumers are asking for more oil supplies. Some members have said they can’t increase, discussions still ongoing. Saudi Arabia is seeking a balanced oil market. “We’ll see” whether Iran would agree with OPEC+ on output increase. Yet to see if Iran would accept increase in oil output. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD en route to 1.3040 – Commerzbank FX Street 5 years Saudi Arabian Oil Minister Khalid Al-Falih was reported by Reuters as saying that markets are in need of more oil. Key Headlines: Need to release 1 million bpd in supply. The market needs more oil. We will have to come to a decision that satisfies all stakeholders. Consumers are asking for more oil supplies. Some members have said they can't increase, discussions still ongoing. Saudi Arabia is seeking a balanced oil market. "We'll see" whether Iran would agree with OPEC+ on output increase. Yet to see if Iran would accept increase in oil output. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.