ertIn private Saudi say they want prices to range between $60 and $80 a barrel. Prices fell further than they anticipated. Opec wants the year-long oil collapse to come to an end. Want a 3 bears porridge situation - neither too hot or too cold. Prices have fallen too low even for them and investment pullback are far bigger than they expected. Saudi Arabia wants to provide a new viewpoint to counter their initial point of long time low prices that some financial institutions e.g Goldman Suchs has spewed forth ever since. Time to reassure weaker Opec members which are struggling to balance their countries budgets.Demand will rise but no point waiting til your skint.