The Saudis do not want the price spike to continue. They fully comprehend that, if the price of oil continues on its upward spiral, it can only lead to a worldwide recesssion, which would result in a dramatic drop in the price of oil. How can that benefit the Saudis? The Saudis, of all the oil producing nations, fully comprehend this issue.
It is absolute nonsense to even suggest that the price of oil is being manipulated by the Saudis. Look elsewhere if you are into conspiracy theories.
