CLEAN : OPEC happy with oil market kingpin Saudi says

The video discusses the importance of engaging in dialogue and cooperation to address market issues. It highlights the need for a stable and balanced market, noting that the market was moving faster than demand, necessitating adjustments. The discussion includes oversupply issues and the operation of fields, with some exports through Kurdistan. Future plans aim to establish market balance and fair pricing, with several candidates and topics on the agenda for thorough discussion.

What are the implications of the market needing to adjust?

What does the speaker mean by forming a new map?