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Saudi Arabia shifts away from $100 target
Saudi Arabia to drop $100 crude target to win back market share, FT reports
Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, the Financial Times reported on Thursday, citing people familiar with the matter.
LIVE
Oil price drops, and BP and Shell shares slide, as Saudi Arabia ‘prepares to abandon $100 crude target’ – as it happened
Saudi Arabia is reportedly ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output
Oil plunges after Saudi Arabia abandons target to push price up to $100 a barrel
Oil prices dipped sharply yesterday as
Saudi
Arabia
reportedly abandoned its target to push them up to $100 a barrel. Brent crude fell by as much as 3.7 per cent to $70.72, a two-week low, knocking billions off the value of London-listed energy giants BP ...
12h
Saudi Arabia's MC4 to raise $229 mln after IPO priced at top of range
Saudi Arabia's Fourth Milling Company (MC4) said on Thursday it is set to raise $229 million from an initial public offering ...
13h
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 ...
Newsweek on MSN
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Blow to Putin's War Machine As Saudi Arabia Ramps Up Oil Production
Saudi Arabia is prepared to abandon its $100-a-barrel crude oil price target as it moves to increase output, signaling its acceptance of lower prices.
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Saudi Arabia 2034 World Cup bid CEO denies sportswashing, says “giant strides” being made on social reforms
Hammad Albalawi insists LGBTQ+ fans “will be welcome”, with Gulf state set to be confirmed as host in December.
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‘Shaandaar Saudi’: Saudi Arabia’s New Campaign to Attract Indian Tourists
Saudi Arabia on Tuesday launched its first-ever exclusive campaign for India, “Shaandaar (Spectacular) Saudi.” ...
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3GW of PV in latest Saudi Arabia tender round
The Saudi Arabian government’s power procurement arm has invited bids for up to 3GW of new solar PV capacity. The Saudi Power ...
cnbctv18
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Stop sending beggars under Umrah visas: Saudi Arabia warns Pakistan
Saudi Arabia has expressed serious concerns over the influx of Pakistani beggars arriving in the Kingdom, under the pretext ...
Upstream
21h
Saudi Aramco gets ball rolling on $1 billion strategic oil and gas expansion project
The expansion of the Haradh GOSP-3 facility, located in Saudi Arabia’s Eastern Province, would boost the plant's oil ...
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