Calgary Herald | OPEC likely to keep oil prices low amid signs strategy is working Calgary Herald “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 ... Has the oil rout actually helped Gulf producers? OPEC may condemn the world to an oil glut for years The world's biggest oil exporter has quietly seized a market milestone from ... |