Saudi Arabia ready to abandon $100 crude target to take back …
WEB3 days ago — 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...
Oil Prices Plunge 4% on Report Saudi Arabia Will Pump More Oil …
WEB2 days ago — A report that Saudi Arabia would ditch its unofficial crude price target sent crude oil prices sharply lower on Thursday. According to sources that spoke with the Financial Times, the kingdom will...
Crude oil prices today: WTI falls as Saudi committed to higher …
WEB3 days ago — U.S. crude oil prices fell nearly 3% on Thursday on a report that Saudi Arabia is committed to pressing ahead with production increases later this year. Saudi is prepared to ditch its...
Petrol prices to drop as Saudi Arabia prepares to flood oil market
WEB2 days ago — Brent crude dropped more than 2pc to less than $72 per barrel on Thursday after reports suggested Saudi Arabia was ready to scrap its $100 price target for crude in preparation for increasing...
Oil prices fall after report Saudi Arabia to scrap price target, boost ...
WEB3 days ago — 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...
Saudi Arabia's Aramco reports lower half-year profits as economic ...
WEBAug 6, 2024 — Saudi oil giant Aramco has reported half-year profits of $56.3 billion, down from the year before due to weakening volumes sold amid worries about the global economy.
Analysis: Saudi Arabia needs more than higher oil prices to fund its ...
WEBJun 5, 2023 — Saudi Arabia surprised traders again on Sunday with an oil production cut of about 1 million barrels a day, roughly 1% of global supply, which sent oil prices climbing. The Brent oil...
Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a ...
WEBSep 6, 2023 — Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.
Saudi Arabia is slashing oil supply. It could mean higher gas prices ...
WEBJun 6, 2023 — Saudi Arabia says it will reduce how much oil it sends to the global economy. It's took a unilateral step Sunday to support the sagging cost of crude after two earlier cuts in supply by major producing countries in the OPEC+ alliance failed to push prices higher.
Saudi attacks send oil prices soaring: Live updates | CNN
WEBSep 16, 2019 — 02:00 - Source: CNN. What to know about the Saudi oil attack. Weekend attacks: Coordinated strikes on key Saudi Arabian oil facilities knocked out half of the country’s oil capacity — more than...