INTERNATIONAL. "The suspensions are in line with Singapore Airlines' policy to match capacity to prevailing market demand," the carrier said. The airline has flown to Abu Dhabi since 2006 and to Athens since 1972.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."