Saudi Arabia's attempt to shock oil markets and push oil prices higher appears to have backfired, with prices falling and Saudi Arabia's market share in Asia now under threat.Investor Alert: Whether you are new to the oil and gas industry or an energy market veteran, Global Energy Alert is an absolute must-read. Oilprice.com's premium newsletter provides everything from geopolitical analysis to trading analysis, all for less than a cup of coffee per week.Chart of the Week- As the only OPEC+ member to pledge further production cuts in the June…