CNBC | Could 2015 herald a 'new oil order'? CNBC Last year was a tumultuous year for oil, with Brent crude prices declining around 50 percent since June on the back of an over-supplied market and lack of global demand. From "old school" oil producers Russia and Saudi Arabia in the east to shale oil ... Saudi Arabia Is Making A 'Serious Mistake' Falling oil prices: this time around, it will be different LETTER: A new twist to an old oil-pricing game |