Saudi oil minister says need to release 1 million bpd in supply - ConsultFX

Saudi oil minister says need to release 1 million bpd in supply

Comments by Saudi Arabia's oil minister Khalid Al-Falih Oil is trading at session lows now as talks of more supply and output increase continue to hit the wires. WTI is down by almost 1% on the day to a low of $65.06.