Wall Street JournalResults for news from the Wall Street Journal with keyword SAUDIS DECIDED PROP OIL Page 1 of 1242 news found. 1 - 2 - 3 - 4 - 5 - ..21 - 22 - 23 - 24 - 25 - NEXT World News Why saudis decided Not to prop Up oil Behind OPEC’s decision not to cut crude output was Saudi Arabia’s view that America’s energy boom poses a new threat—one factor in a growing distance between the two allies. ... aid was the high cost of extracting North American shale oil. He didn’t respond to inquiries. The saudis largely kept silent as prices kept falling. Then Mr. Naimi went on vacation in late September ... ... icle. Write to Jay Solomon at jay.solomon@wsj.com and Summer Said at summer.said@wsj.com ... ... On the table was a proposal to take two million barrels a day off the market, officials familiar with the talks said. O ... ... Mr. Naimi for a policy they say could be disastrous for the kingdom’s economy. Riyadh depends on oil for 90% of its budget. “All OPEC and non-OPEC officials are in a state of shock,” said ... Mon, 22 Dec 2014 00:24:30 EST Results for news from the Wall Street Journal with keyword SAUDIS DECIDED PROP OIL Page 1 of 1242 news found. 1 - 2 - 3 - 4 - 5 - ..21 - 22 - 23 - 24 - 25 - NEXT |