Scrambling Saudis blame oil price drop on U.S. fracking revolution, global economic slowdown
Special to WorldTribune.com ABU DHABI — Saudi Arabia has been struggling to counter the plunge in crude oil prices. Officials said the Saudi leadership has decided to maintain production despite a nearly 50 percent drop in the price of crude in 2014. They said the government assessed that prices would rise in early 2015. “The […]