With the dollar’s modest comeback and oil’s retreat, policy makers in the region have been bolstered in their resolve to keep currency pegs in place.

The global oil market appeared to shrug off the news that an energy summit led by Saudi Arabia ended largely in disagreement on Sunday.

The global oil market appeared to shrug off the news that an energy summit led by Saudi Arabia ended largely in disagreement on Sunday.

The global oil market appeared to shrug off the news that an energy summit led by Saudi Arabia ended largely in disagreement on Sunday.

The global oil market appeared to shrug off the news that an energy summit led by Saudi Arabia ended largely in disagreement on Sunday.

The Saudis pledged to make only a slight increase in oil production, and the summit made plain how few options are available to push prices down from record levels.

An energy meeting in Saudi Arabia underscored how few options the world has to push oil prices down from their record levels.

David J. O’Reilly is the chairman and chief executive of Chevron.

What confounds many experts is that the price of oil seems to be changing much faster than the world is changing.

Saudi Arabia’s plan to boost production next month was seen as a sign that the Saudis are nervous about the political and economic effect of high oil prices.