Is this a signal for lower prices?
Or just talk to disguise the fact that they are the price setters?

Trying to figure out what they are going to do next is much like Fed watching.

Saudi Arabia Worried About Speculators’ Interest in Oil

By Jackie DeAngelis

May 19 (CNBC) — Saudi Arabia will take a cautious approach to opening up its stock markets to international investors, and the country is concerned about speculative interest in oil markets, finance minister Ibrahim Al-Assaf told CNBC.

Al-Assaf said in an interview that the Kingdom worries about high oil prices, and that he believes that speculators are currently propping up the market.