Bloomberg | Oil Cuts Add to Saudi Pain as GDP Contracts for Second Quarter Bloomberg But as authorities seek to reduce the kingdom's reliance on oil, they're also leading efforts among OPEC members and some other major producers to bolster prices by cutting output. The kingdom's oil GDP shrank 1.8 percent in the second quarter ... MARK-TO-MARKET: Crude oil market gives investors wild ride Crude Oil To Go Higher: Fundamentals Looking Good Oil Prices: Next Stop $85 a Barrel? |