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Saudi Arabia Slides as King of Asia’s Oil Suppliers

HONG KONG—Saudi Arabia’s climax as tip wanton retailer to Asia—home to some a world’s biggest and fastest-growing oil consumers—is slipping.

As Saudi Arabia’s long-serving oil apportion Ali al-Naimi leaves his job, stiffening foe from countries such as Russia and Iran is melancholy Saudi Arabia’s longtime reason over markets including China, Japan and India.

Those rival forces, strong by a scarcely two-year…

Article source: http://www.wsj.com/articles/saudi-arabia-slides-as-king-of-asias-oil-suppliers-1462761354

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