Reuters | OPEC delegates say Saudi comments show higher oil price desire Reuters Khalid al-Falih, who took over this year from longserving Saudi oil minister Ali al-Naimi, told German newspaper Handelsblatt that an oil price higher than $50 is needed to achieve a balance in oil markets in the long term. There is certainly no sign ... Oil price dips again on surprise inventory surplus OPEC Producer Sees Oil at $60 Until 2018 With Demand Picking Up US oil settles up 4.56 pct after 2-month lows |