Financial Times | Saudi role as 'central banker' for oil is eroded Financial Times For close to a year, Saudi Arabia and its Opec peers have maintained a stance of deploying spare oil production capacity to hobble outside rivals. Rather than pursue short-term revenues through maintaining the price of crude, the cartel embarked upon a ... Saudi Arabia Credit Rating Cut by S&P After Oil Prices Sink Saudi Arabia downgraded after budget surplus turns negative S&P Downgrades Saudi Arabia on Oil Worries |