Analysis: Saudi Arabia needs more than higher oil prices to fund …
2023年6月5日 · 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.
Saudi Arabia ready to abandon $100 crude target to ... - Financial …
2024年9月26日 · Saudi Arabia needs an oil price of close to $100 a barrel to balance its budget, according to the IMF, as Crown Prince Mohammed bin Salman seeks to fund a series of megaprojects at the...
Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a ...
2023年9月6日 · Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.
Saudi Arabia to drop $100 crude target to win back market share, …
Sept 26 (Reuters) - Saudi Arabia is preparing to abandon its unofficial $100 a barrel oil price target as it gets ready to raise output to win back market share, even if it means lower prices,...
Saudi Arabia is slashing oil supply. It could mean higher gas prices ...
2023年6月6日 · Saudi Arabia says it will reduce how much oil it sends to the global economy. It's took a unilateral step Sunday to support the sagging cost of crude after two earlier cuts in supply by major producing countries in the OPEC+ alliance failed to push prices higher.
Crude Oil (petroleum) Monthly Price - Saudi Riyal per Barrel
Monthly price chart and freely downloadable data for Crude Oil (petroleum). Price in Saudi Riyal per Barrel. 6 month history.
Oil drops sharply as Saudi price cuts overshadow Middle East …
2024年1月8日 · Oil prices dropped sharply on Monday as Saudi Arabia’s decision to cut its official selling price for oil exports in February overshadowed heightened tensions in the Middle East. Brent crude, the...
Saudi Arabia Hikes Key Oil Prices Further as Market Tightens
2024年4月5日 · Saudi Arabia hiked the price of its flagship crude to its main buyers in Asia for next month after OPEC+ agreed to keep current supply cuts in place and as the Middle Eastern oil market shows...
Oil prices rise as Saudi Arabia pledges output cuts - BBC
2023年6月4日 · From Riyadh's point of view, it is crucial the price of crude remains over $80 a barrel for it to break even. Saudi officials want elevated prices to keep spending billions of dollars on...
Saudi oil price cut driven by weak market, not policy shift
LONDON, Jan 17 (Reuters) - Saudi Arabia's cut in official crude oil selling prices to Asia reflects weaker fundamentals of supply and demand, and does not imply a looming shift in OPEC+...