Bloomberg | The World's Biggest Oil Kingdom Reverses Course Bloomberg Next year will be a test of strength for Saudi Arabia, the world's largest oil exporter, as it tries to regain control of the market and lift prices. After two years of pumping at full blast, and helping drive prices to 12-year lows in January, the ... Exxon and Saudi Arabia at odds on oil market supply Exxon CEO Contradicts Other Oil Executives: Doesn't Expect Supply Crunch Exxon boss tells peers, Saudis their oil supply crunch bet is wrong |