Reuters | Oil rises on weaker dollar, US production outlook caps gains Reuters Oil has drawn support from top crude exporter Saudi Arabia, which said it would adhere strictly to its commitment to cut output under the agreement between the Organization of the Petroleum Exporting Countries (OPEC) and other producers. Under the ... Saudis claim victory over US shale industry and remain defiant on oil price spike Why OPEC is struggling for oil supremacy World needs to invest $25 trillion in new oil capacity over next 25 years, Saudi Aramco CEO says |