CNBC | Oil prices slump on Saudi comments GhanaWeb PVM Oil Associates analyst Tamas Varga said there had been high hopes about the impact of a possible production freeze, but he added: "It is hard to see how sticking to the January output level would be supportive for oil prices. There will be no ... US oil sheds 4 pct after Saudi comments on output freeze Saudi Arabia Announces Creation of $2 Trillion Fund for Post-Oil Economy Saudi Arabia prepares for post-oil era by setting up world's biggest sovereign investment fund |