Firstpost | Oil Slides to Near 6-Year Low; Saudi Arabia Holds Firm Despite Supply Glut Bloomberg Oil fell to the lowest level in almost six years as signs that Saudi Arabia's new king will maintain its production policy and rising U.S. crude stockpiles bolstered speculation that a global glut will persist. Futures dropped as much as 2.7 percent in ... Oil and dollar: Why Obama's love for Taj lost out to Saudi King's death Oil prices fall on market relief over Saudi policy Who controls the power in oil market |