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.

Washington Examiner · 8h

Oil prices drop following report Saudi Arabia will raise crude output

Prices of oil continue to drop after a new report revealed Saudi Arabia is considering increasing production later this year.

Seeking Alpha · 19h

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.

16hon 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 ...

Crude Oil Prices2h

Oil Prices Set for a Weekly Loss as Supply Concerns Fade

Oil prices are set for a weekly drop due to a combination of factors, including the Libyan oil production agreement, Saudi Arabia's potential shift away from a $100 per barrel target, and OPEC+ plans ...

19h

Oil Prices Retreat Toward Three-Year Lows...Again

Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...

This is Money on MSN12h

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.

14hon MSN

Stocks climb to records with Micron rally; oil prices fall

A widely followed global stock index and the S&P 500 hit record highs on Thursday after chipmaker Micron Technology's upbeat ...

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