CBC.ca | IMF warns Saudi Arabia on public spending as oil revenues dwindle CBC.ca The International Monetary Fund has urged Saudi Arabia to reduce domestic energy subsidies and its public sector wage bill as the world's top oil exporter wrestles with plunging crude prices. Oil prices fell to a more than six-year low near $42 US a ... Saudi oil maintains Asian market share Oil heads lower as Saudi battles for market share How Saudi Arabia Could Still Lose Oil Market Share CLR XOM |