Market Bets on Cheaper Oil, Dashing Saudi Hopes for a Price Rebound

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Market Bets on Cheaper Oil, Dashing Saudi Hopes for a Price Rebound
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Saudi Arabia is cutting back output, but a key indicator suggests traders believe supplies won’t shrink for months

Michael M. Santiago/Getty Images The oil market has sent a warning to Saudi Arabia and everyone else betting that prices are poised for a rebound: Don’t count on it.Continue reading your article with.

Michael M. Santiago/Getty Images The oil market has sent a warning to Saudi Arabia and everyone else betting that prices are poised for a rebound: Don’t count on it.Continue reading your article with
 

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Saudi Arabia is being considered by the women’s tennis tour for possible businessSaudi Arabia is being considered by the women’s tennis tour for possible businessLike other sports, women’s tennis is looking into the possibility of getting into business with Saudi Arabia. And while holding a tournament there is not imminent, WTA Chairman and CEO Steve Simon said Friday that he visited that country with some players in February as part of the evaluation process.
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