Saudi Arabia’s oil minister reportedly warned fellow producers that oil could drop to $50 if they do...

CL00

Saudi minister warns of $50 oil if OPEC members don’t adhere to production cuts: report - MarketWatch

Saudi Arabia warns oil could drop to $50 without production cuts compliance.
Prince Abdulaziz bin Salman targeted Iraq and Kazakhstan for not meeting cuts.
OPEC supplies about half the oil market; U.S. production rises.
Crude prices were pushed higher after Iran's missile attack on Israel.
CL00 was trading at $71.36, down from a low of $65 this year.

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