Bloomberg | OPEC Seen Unyielding in Oil-Market Share Battle With Shale Bloomberg “Dramatic cuts in spending and drilling are finally having an impact, so why on earth would Saudi Arabia change course now their strategy is just starting to bear fruit,” Mike Wittner, head of oil research at Societe Generale SA, said by phone from New ... Crude oil is surging Global oil prices surge 3pc Oil gains over 2 percent on inventory draws, Iraq fighting |