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Oil ends at 2-week low
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.
Oil prices drop following Saudi Arabia raising crude output: Report
Oil prices fell Thursday morning, just hours after a new report revealed Saudi Arabia, the world’s largest crude exporter, is considering increasing production later this year. The move comes just weeks after the nation and eight other members of OPEC+ agreed to temporarily pause oil output hikes,
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.
1d
on 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 ...
1d
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 ...
2d
Oil Prices Slide 3% on Prospect of More OPEC+ Oil
HOUSTON (Reuters) - Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top ...
9h
on 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.
Barchart on MSN
15h
Crude Prices Slightly Higher on Dollar Weakness
Nov WTI crude oil (CLX24) today is up +0.12 (+0.18%), and Nov RBOB gasoline (RBX24) is up +0.10 (+0.05%). Crude oil and ...
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