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Oil prices fall

The Financial Times · 1d

Saudi Arabia ready to abandon $100 crude target to take back market share

Simply sign up to the Oil myFT Digest -- delivered directly to your inbox. 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 ...

MarketWatch on MSN · 20h

Oil prices fall after report Saudi Arabia to scrap price target, boost output

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 to take back market share.

Washington Examiner on MSN · 23h

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 steadies

MarketWatch on MSN · 2h

Oil steadies, but heads for losing week on prospect of increased supply

Oil futures ticked higher Friday, but remained on track for weekly losses on expectations OPEC+ will boost production before year-end as investors cast doubt on whether an aggressive round of monetary stimulus from China will shore up demand from the world’s largest crude importer.

Crude Oil Prices · 8h

Oil Prices Set for a Weekly Loss as Supply Concerns Fade

Oil prices are set for a weekly drop due to a combination of factors, including the Libyan oil production agreement, Saudi Arabia's potential shift away from a $100 per barrel target, and OPEC+ plans to increase production.

Reuters on MSN · 6h

Oil steady but on track for weekly drop on firmer supply outlook

Oil prices held on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader OPEC+ group against fresh stimulus from top importer China.

22hon 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 ...

22h

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 ...

This is Money on MSN18h

Oil plunges after Saudi Arabia abandons target to push price up to $100 a barrel

Oil prices dipped sharply yesterday as Saudi Arabia reportedly abandoned its target to push them up to $100 a barrel.

20hon 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 ...

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