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Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
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Saudi Arabia Raises Oil Prices
Saudi Aramco is raising crude prices globally next month despite OPEC+’s decision to significantly increase oil supply.
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Saudi Arabia raises August oil prices for Asia, Europe buyers
State energy firm Saudi Aramco raised the official selling price for its flagship Arab light crude to Asia loading in August ...
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What to know about Saudi Arabia's stunning oil production cuts : NPR
Oil prices surged after Saudi Arabia and some other oil producers announced they're reducing their oil output. That will send gas prices higher – and benefit energy companies in America.
Saudi Arabia may raise August oil prices to Asia to 4-month high
Saudi Arabia, the world's biggest oil exporter, may raise its August crude oil prices for buyers in Asia to the highest in ...
OPEC Plus Agrees to Pump More Oil in August
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
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Saudi Arabia’s oil production cuts have tipped its economy into reverse
Saudi Arabia’s economy has jolted into reverse, after the world’s largest crude oil exporter slashed output to prop up prices.. Saudi gross domestic product, the broadest measure of its ...
Saudi Arabia's non-oil sector growth quickens in June on strong demand, PMI shows
The expansion in Saudi Arabia's non-oil private sector activity accelerated in June, driven by robust client demand and a ...
NPR1y
How Saudi Arabia is using its oil influence to fund fantastical plans for the future - NPR
For decades, Saudi Arabia's economy has been defined by its abundant oil reserves. But with a plan known as Vision 2030, Saudi Arabia is trying to pivot away from that economic base.
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Saudi Arabia and China will align on everything from security to oil, but agree not to interfere on domestic issues - CNN
China and Saudi Arabia expressed aligned policies on a range of areas from security to oil in a joint statement Friday, adding they will support each other while not interfering in each other’s ...
Ticker: OPEC+ to boost oil production; China bans EU medical devices
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...