Forbes | Saudi Arabia Drives Oil Down Near Seven-Year Lows Forbes Last week in Vienna, Saudi Arabia made it official that the oil kingdom was doubling down on its year-long strategy to let the world drown in oil. Saudi Arabia telegraphed its intention in the weeks leading up to Friday's meeting of the Organization of ... Oil's drop below $38 may cause a world of hurt for US shale Could oil's drop spell doom for this currency peg? Oil Seen Rising in 2016 by Conoco, Aramco as U.S. Pumps Less |