Aljazeera.com | Saudi Arabia wants oil prices to rise to $60 in 2017 Aljazeera.com However, they do not want the price to be so high that it encourages rival US shale producers, which were hard hit by the slump in oil prices, to ramp up production again. Advances in technology have made it easier for them to adapt quickly to oil ... Surging exports propel US to bigger impact on global oil market Get Ready For The Spring Rally In Oil Record compliance with Opec cut lifts oil |