Fortune | Saudi Arabia, Russia declare victory in the great oil contest of 2015 Fortune Six months ago, when OPEC decided to keep production steady in the face of a collapse in the price of oil, analysts guessed that Saudi Arabia might be trying to flush out the new competition that had cropped up in recent years, like American-based ... Oil Falls as Reduced U.S. Refinery Activity Curbs Crude Demand Saudi Arabia claims success in tussle for oil market share Battle for oil market has only just started, says energy watchdog |