The needle valve won't alter pressure, just volume of air or steam for that matter that can get to the engien. On an unloaded engine i's all about the volume of air getting into the cylinder.
My compressor reg will go right down to zero bar but most of the small double acting engines I will set it to 0.2BAR (3psi), single acting usually need a bit more about 0.6BAR (10psi)
Another example in this video compressor remains set at 10psi, for the first 90secs I'm making use of the reverser to alter the cut off so speed changes relative to how much air can flow into the cylinder. After that I'm using the flow valve to get speed right down to a tick over or going like mad. Too high a pressure on an oscillator will lift the cylinder off the port face or need excessive spring tension and therefore friction to keep it on the face.
Edited By JasonB on 25/09/2021 13:05:25