CNNMoney | Saudi Arabia to run out of cash in less than 5 years CNNMoney Low oil prices will wipe out an estimated $360 billion from the region this year alone, the IMF said. Huge budget surpluses are quickly swinging to massive deficits as oil prices have crashed to around $45 currently from over $100 last year. Many of ... The slippery slope of the oil price war What happens if the global oil price doesn't bounce back? After year of pain, OPEC is about to crush the U.S. shale oil boom |