CNBC | Saudis to US oil firms: Don't expect OPEC cuts to offset rising shale output CNBC Senior Saudi energy officials told top independent U.S. oil firms in a closed-door meeting this week that they should not assume OPECwould extend output curbs to offset rising production from U.S. shale fields, two industry sources told Reuters on ... Oil goes into 'meltdown' in biggest rout of the year as bears grab control of the market Oil drops to lowest since OPEC deal, US crude below $50/bbl Oil drops to lowest since OPEC deal as US crude slips below $50 |