Financial Times | Opec's purple patch does not mean the oil battle is won Financial Times After promising earlier this year to do “whatever it takes” to rebalance the oil market, Saudi Arabia, Opec's de facto leader, said this week it would cut oil exports in August to 6.6m barrels a day, the lowest level in six years, and down 1m barrels a ... Oil Rises, But Saudis Face Daunting Dilemma Kuwait Joins Saudis and UAE in Promising More OPEC Oil Cuts Oil Gains After Stockpiles Show Larger-Than-Expected Drop |