Exclusive - Privately, Saudis tell oil market: get used to lower prices

LONDON/NEW YORK (Reuters) - Saudi Arabia is quietly telling oil market participants that Riyadh is comfortable with markedly lower oil prices for an extended period, a sharp shift in policy that may be aimed at slowing the expansion of rival producers including those in the U.S. shale patch.

from Reuters: Most Read Articles http://ift.tt/1v2CXER