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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.
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
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 a sign that the kingdom is resigned to a period of lower oil prices, according to people familiar with the country’s thinking.
Oil prices keep dropping: Saudi Arabia shifts away from $100 target as it aims to reclaim market dominance
Saudi Arabia's upcoming oil production increase is set to push prices down further, signalling a shift from its $100 per barrel target to focus on market share. Global oil markets brace for change.
Saudi Arabia ditches $100 crude target to win back market share
Saudi Arabia’s move comes as oil prices are down nearly 5 per cent so far this year, amid increasing supply from other producers like the US.
Anadolu Ajansi
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At UN, Saudi Arabia announces international alliance to establish Palestinian state
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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 ...
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Paul Taubman’s PJT Eyes Saudi Arabia Growth After deNovo Deal
Wall Street advisory firm PJT Partners plans to increase its headcount in Saudi Arabia following the acquisition of ...
Zawya
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Saudi Arabia seeks to enhance cooperation in water management
Saudi Arabia maintains a prominent position in developing innovative solutions that enhance water supply chains and guarantee ...
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on MSN
Oil prices slide on prospect of Saudi Arabia raising output
Oil prices slipped on Thursday, reversing earlier gains, on a media report that Saudi Arabia, the world's top crude exporter, ...
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.
Hoteliermiddleeast.com
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Dubai’s Valor Hospitality Partners expands into Saudi Arabia
The company will offer tailored hotel management services across the country. Dubai's Valor Hospitality Partners expands into ...
Energy Central
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Saudi Arabia starts process on 4,500 MW-renewable energy projects
Saudi Arabia will add 4,500 megawatts of renewable energy to its grid after its procurement agency issued a request for ...
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