Still cheaper than water in Saudi Arabia, oil prices are triggering up and is muddling the Kingdom. A discernible commodity booting the international economy to a new low, increased oil prices are pestering the oil rich Saudi Arabia. So, is it the reduced demand for oil? Not really, it is the unhoped supply in the market that is butting the world economy. Saudi Arabia being the most prominent member of the Organization of Petroleum Exporting Countries (OPEC) is venturing hard to equalize and stabilize the price along with its counterparts from OPEC. While in the process of ballasting the price, the oil rich Kingdom is in talks with other non-OPEC members too in order to bring the exalted price to a justifiable level. With regard to stabilizing the prices, Saudi Oil Minister, Ali Al-Naimi said that he is willing to cooperate with the OPEC and non OPEC oil producing nations in order to normalize the prices. Venezuela’s Minister of Petroleum, Eulogio Del Pino expressed t...