Oil falls more than 2% on report Saudi Arabia vows to bring …
WEB1 day ago · Oil prices sank more than 2% on Thursday after the Financial Times reported Saudi Arabia is determined to start unwinding voluntary production cuts starting Dec. 1, even if it leads to a...
Oil Prices Plunge 4% on Report Saudi Arabia Will Pump More Oil …
WEB1 day 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...
Saudi Arabia ready to abandon $100 crude target to take back …
WEB2 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 fall over 2% on prospects Saudi Arabia to raise output
WEB2 days ago · 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.
Oil ends at 2-week low after report Saudi Arabia to scrap price …
WEB1 day ago · Oil futures on Thursday posted their lowest settlement in about two weeks, pressured after the Financial Times reported that Saudi Arabia was ready to abandon its $100-a-barrel price...
Petrol prices to drop as Saudi Arabia prepares to flood oil market
WEB2 days ago · Diesel costs £1.40 on average, down from £1.60 last September and the high of almost £2 in the wake of Vladimir Putin’s invasion of Ukraine. Simon Williams, at the RAC, said the further fall in...
Crude oil prices today: WTI falls as Saudi committed to higher …
WEB2 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...
Oil prices fall on prospects Saudi Arabia to raise output
WEB2 days ago · 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...
Oil prices slide 3% on prospect of more OPEC+ oil
WEB1 day ago · Oil prices slipped by more than 3 per cent on Thursday on a media report that Saudi Arabia, the world’s top crude exporter, will give up its price target in preparation for raising output,...
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...