CNBC | Why Russians and Saudis could cut oil output CNBC The market is seeing early signs of an oil price bottom as Saudi Arabia and Russia begin to feel the pressure stemming from the glut, Petrie Partners chairman Tom Petrie said Thursday. Oil prices rallied in the last two sessions on hopes that top oil ... Saudi Arabia Keeps Pumping Oil, Despite Financial and Political Risks Oil price: Russia blinks first – is this the end of the slump? Coordinated Russian-Saudi Oil Output Cut Chatter Sounds Ridiculous |