oil prices saudi arabia news

Oil prices fall after report Saudi Arabia to scrap price target, boost output

Oil futures fell on Thursday, pressured after the Financial Times reported that Saudi Arabia was ready to abandon its $100-a-barrel price target as it prepares to increase production in a bid to take back market share.

Reuters on MSN · 20h

Oil prices fall over 2% on prospects Saudi Arabia to raise output

Oil prices slumped on Thursday, reversing earlier gains, on news Saudi Arabia, the world's biggest crude exporter, will give up on its price target in preparation for raising output.

Seeking Alpha · 13h

Oil prices turn sharply lower on reports Saudi Arabia set to raise output

Crude oil prices fall as OPEC+ plans production hike, Saudi Arabia to raise output, while Libya and China developments impact market sentiment.

11hon MSN

Why oil prices have plunged 3% today

The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...

16h

Saudi Arabia ready to abandon $100 crude target to take back market share

Saudi Arabia is ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, in ...

Oil prices fall as expectations of higher supplies hammer market sentiment

Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher ...

1don MSN

Stock market today: Asian shares extend gains after China-driven rally

Asian shares pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading. Chinese property developers surged after Beijing announced a ...

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