Bloomberg | Oil Prices Drop As Saudis Say Too Early To Decide Cuts Extension OilPrice.com Oil prices dropped on Tuesday morning as the market continues to buy Saudi Arabia's rhetoric that adds to outlooks for weaker global demand growth and rising U.S. production to drive the price of oil down. In contrast to last week's reports that Saudi ... Saudi Oil Exports Drop to 2015 Low as Kingdom Sticks to Cuts Saudi Arabia to shelve infrastructure projects costing billions as cheap oil bites Saudis to shelve projects worth 'billions of dollars' as cheap oil bites - report |