Reuters | Oil prices dip on looming production race between Saudi Arabia, Iran Reuters SINGAPORE Crude oil futures dipped on Tuesday as analysts warned of an intensifying producer race between Saudi Arabia and Iran, wiping out earlier price gains that came from a weaker dollar and a flood of new cash into the market. Front-month Brent ... US oil slides 2.5 pct as banks warn of bearish forces Oil prices get a boost as dollar weakens Oil Falls as Rising Middle East Supply Seen Boosting Global Glut |