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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 fall over 2% on prospects Saudi Arabia to raise output
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 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.
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 ...
5h
on 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 Prices
19h
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 ...
Seeking Alpha on MSN
1d
Commodity Roundup: Oil extends losses on prospect of more supply from Saudi and Libya, gold rallies
Oil prices slipped on Thursday, extending losses from the previous session, after reports suggested Saudi Arabia, the world's ...
5h
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.
Crude Oil Prices
3h
Oversupply Fears Are Pushing Oil Prices Lower
Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.
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