Comments from Al-Falih

  • OPEC, non-OPEC collaboration to continue into 2019
  • Rate of stock drawdown may not be sustainable in 2019
  • Pricing signals coming out of the recovery not sufficient

That bolded comment is hinting that they think inventories might be getting tight, which would mean they may loosen quotas. That said, OPEC isn't even meeting its quotas so adding more oil is a tad unrealistic.