I would have thought this was more of an issue regarding Saudi Arabia:
copyright link/business/2016/05/22/saudi-financial-crisis-could-leave-oil-at-25-as-contractors-face/
They are bleeding as we all know and did expect them to be more open to supporting the POO through a freeze or something but they didn't..
People point to their foreign reserves being x amount but a lot of that is assets not cash - not so easy to move in a hurry...if they ditch the peg then the world oil picture which is already inside out and upside down will get even messier if that was possible... they would only be maintaining the peg for their US relationship but at some point they may have to ditch it..
Interesting Articles On Saudi Arabia, page-3
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