International Business Times | Saudi Arabia asserting itself as 'dominant' oil producer RT Max Fraad Wolff: The good news for Saudi Arabia is that their wealth is such, and so large and internationally diversified and deployed, that they can ride out probably a lot longer than we're likely to see oil as cheap as it presently is. The bad news ... Nevermind U.S. shale, Saudi Arabia's oil power play targets Iran's economy Falling oil price dims Arabian nights Because of oil's retreat, Saudis to dig into reserves for 2015 budget |