Business Insider | Oil prices drop after Saudi Arabia says it will not cut output alone Business Insider SINGAPORE (Reuters) - Oil prices dropped around a percentage point in early Asian trade on Monday after Saudi Arabia said over the weekend that it would not unilaterally cut its output to defend prices. Since oil prices started to fall in June 2014 ... Return to $100 Oil Seen Unlikely by Saudis Amid Shale Surge Oil price unlikely to rebound - Saudi official Opec is prepared to wait out the slump in oil prices |