Telegraph.co.ukSaudi Arabia won't stop pumping oil, says ministerTelegraph.co.ukThe de facto leader of the world's 12-member oil cartel, Opec, Saudi Arabia has led the move to drown the world with excess supply in a bid to undercut higher cost riva …

Wall Street JournalSaudi Arabia Won't Change Oil ProductionWall Street JournalTop oil exporter Saudi Arabia won't change its current reliable production policy and is ready to meet any additional demand from its customers, the kingdom's oil min …

Telegraph.co.ukSaudi riyal in danger as oil war escalatesTelegraph.co.ukRemittances by foreign workers in Saudi Arabia are draining a further $36bn a year, and capital outflows were picking up even before the oil price crash. Bank of America estimates that …

Telegraph.co.ukSaudi Arabia unveils record deficit as it succumbs to oil price routTelegraph.co.ukThe country's deficit rose to 367bn riyals (£66bn), after government spending rose 13pc above officials' plans in the wake of declining oil prices and …

Telegraph.co.ukMapped: How the world became awash with oilTelegraph.co.ukThis paralysis has led to a record glut in the world's oil supply and a price plummet not see since the depths of the financial crisis in 2009. The map above shows where monthly p …

This is MoneyOver a barrel...Saudis refuse to cut oil production, sending prices plunging ...This is MoneyBritain's drivers can look forward to even lower prices following a stand-off at Opec. The oil producers' cartel shocked markets by failing to …

Fox BusinessOil Plunge Raises Fears of Societal UnrestFox BusinessWith Wall Street shops like Goldman Sachs (GS) and government officials in Venezuela signaling oil could go to the mid-$20 per barrel range next year, analysts at places like RBC Capital Mar …

Telegraph.co.ukOil prices to stay lower for longerTelegraph.co.ukGoldman Sachs has warned that with oil inventories at record levels, the market is unlikely to rebalance soon. The amount of crude sitting in storage has risen for eight weeks on the trot and …

Telegraph.co.ukGoldman eyes $20 oil as glut overwhelms storage sitesTelegraph.co.ukGoldman Sachs told clients that the increasing glut of oil on the market, together with mild weather due to an abnormally strong El Nino this winter, could send prices plumm …

Telegraph.co.ukGlobal oil glut highest in a decade as inventories soarTelegraph.co.ukOver the past nine months, the world's oil supply has risen by 2.5m b/d, far outpacing global demand, which has grown by just 1.6m b/d. The current period of record in …