Economic Times | Saudi's control of global oil supply is 'on the ropes' Economic Times LONDON: Revamped Iranian oil production and US hydraulic fracturing operations has Saudi Arabia's control of the global oil supply “on the ropes , ” according to Bloomberg's Sam Wilkin. The Saudi-led Organization of Petroleum Exporting Countries (OPEC) ... Saudi Arabia Signs $50 Billion Worth Of Oil Deals With The U.S. American oil companies deepen Saudi ties, despite rivalry Trump's visit is exciting Saudi investors as oil drop takes its toll |