Read more: http://www.dw.com/en/opec-cheap-oil-a-blunt-sword-against-rival-suppliers/a-18641773<br /><br />Oil prices are sliding on the world markets due to a glut of the precious resource led by OPEC member Saudi Arabia, trying to grind the competition’s gears. Supply is up generally due to less turmoil in oil-producing states, while demand remains low.
