New York Times | Behind Drop in Oil Prices, Washington's Hand New York Times The plummeting price of oil since Saudi Arabia decided last fall not to cut production to counter rising supply elsewhere has fueled intense speculation about a downfall of the infamous cartel, once feared for its power to bend oil prices to its will ... Iran Says It's Strong Enough To Cope With Oil At $25 As Prices Start Plunging ... Deeper cuts, more pain for companies riding out global oil price war Oil falls again as IMF cuts forecast; Iran hints at $25 oil |