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Oil prices drop following Saudi Arabia raising crude output

Hosted on MSN · 17h

Oil ends at 2-week low after report Saudi Arabia to scrap price target, boost output

Oil futures on Thursday ended at their lowest in about two weeks, 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.

Seeking Alpha · 1d

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.

Washington Examiner on MSN · 1d

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.

1don 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 ...

12hon MSN

Decline in oil prices halts in wake of Israel hitting Hezbollah headquarters

The drop in oil prices was halted on Friday after Israel‘s strikes against Hezbollah‘s headquarters in Lebanon, but prices of ...

Crude Oil Prices1d

Oil Prices Dip on Talks of a Middle East Ceasefire

Hopes for a ceasefire in the Middle East, combined with potential Saudi production increases and Libyan export restarts, are ...

1don 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 ...

11hon MSN

U.S. stock market ends week higher despite the chill; Asia rallies on stimulus

China stocks closed out their best week since 2008 as the country's central bank cut its reserve requirement for banks.

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