Telegraph.co.uk | Saudi Arabia Might Just Have Blinked In the Oil War Forbes In the case of Saudi Arabia, and the unconfirmed reports of it seeking $27 billion in debt via an issue of bonds, it appears to be adopting the gamblers strategy of seeing off its opponents in the increasingly competitive oil world by calling “raise 'em”. Saudi Arabia may go broke before the US oil industry buckles Saudi Arabia to tap markets for $US27b as low oil strains finances Global Oil Supply More Fragile Than You Think |