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

1. Saudi Arabia warns oil could drop to $50 without production cuts compliance. 2. Prince Abdulaziz bin Salman targeted Iraq and Kazakhstan for not meeting cuts. 3. OPEC supplies about half the oil market; U.S. production rises. 4. Crude prices were pushed higher after Iran's missile attack on Israel. 5. CL00 was trading at $71.36, down from a low of $65 this year.