The drop in oil prices is just a 'ploy' as speculators pretend demand is weak, Saudi Arabia energy minister says

"It's an abuse of numbers," Saudi Arabia's energy minister said, as oil market participants are mistaking rising exports for rising production.

https://markets.businessinsider.com/news/commodities/oil-prices-brent-wti-crude-supply-demand-production-saudi-arabia-2023-11