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     Oil falls more than 2% on report Saudi Arabia vows to bring barrels back even if prices fall

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

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     Saudi Arabia Scraps $100 Oil Price Target to Boost Market Share

     Saudi Arabia is willing to endure short-term oil price and revenue pain as it is making a U-turn in

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     Crude Oil trades flat despite Houthi rebel headlines pointing to a surge in attacks in the Red Sea again

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2. • • SINGAPORE, June 28 (Reuters) - Top oil exporter Saudi Arabia may cut prices for crude grades it sells to Asia for a second month in August, tracking weakness in Middle East benchmark Dubai, trade sources said on Friday.
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     Saudi Arabia may cut oil prices for Asia for second month in ...

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   Will Saudi Arabia cut oil prices in August?

   • Our Standards: The Thomson Reuters Trust Principles. Top oil exporter Saudi Arabia may cut prices for crude grades it sells to Asia for a second month in August, tracking weakness in Middle East benchmark Dubai, trade sources said on Friday.

   Saudi Arabia may cut oil prices for Asia for second month in August

   www.reuters.com/business/energy/saudi-arabia-may-cut-oil-prices-asia-second-month-august-2024-06-28/

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   Why are Saudi oil prices falling in August?

   • Comparatively higher prices for Saudi oil prompted refiners in China to reduce imports from Saudi Arabia for a third straight month in July. The potential price cuts for August are expected to track a narrowing in backwardation for Dubai's monthly price spreads by 85 cents this month from May, a sign of tight supply easing.

   Saudi Arabia may cut oil prices for Asia for second month in August

   www.reuters.com/business/energy/saudi-arabia-may-cut-oil-prices-asia-second-month-august-2024-06-28/

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   Will Saudi Arabia reduce oil production by 1 million barrels a day?

   • The kingdom said its move to reduce oil production by one million barrels a day would continue through September. Oil tanks in Saudi Arabia. The Biden administration has been pressing Saudi Arabia to keep production high. Maxim Shemetov/Reuters

   Saudi Arabia to Extend Oil Production Cut by a Month

   www.nytimes.com/2023/08/03/business/energy-environment/saudi-arabia-oil-production-cut.html

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   Will Saudi Arabia extend BPD cut to August?

   • Saudi Arabia said it would extend its voluntary oil output cut of one million barrels per day (bpd) for another month to include August, adding that the cut could be extended beyond that month.

   Saudi Arabia, Russia deepen oil cuts, sending prices higher

   www.reuters.com/business/energy/saudi-arabia-will-extend-voluntary-cut-1-million-bpd-august-spa-2023-07-03/

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4. www.reuters.com › business › energySaudi Arabia may cut oil prices for Asia for second month in ...

   www.reuters.com › business › energy

   Jun 28, 2024 · Top oil exporter Saudi Arabia may cut prices for crude grades it sells to Asia for a second month in August, tracking weakness in Middle East benchmark Dubai, trade sources said on...

   • Saudi Arabia, Russia deepen oil cuts, sending prices higher

     Saudi Arabia said it would extend its voluntary oil output...

   • Asia refiners expect Saudi Arabia to cut August crude prices

     SINGAPORE, July 3 (Reuters) - Asian refiners expect Saudi...

5. www.reuters.com › business › energySaudi Arabia, Russia deepen oil cuts, sending prices higher

   www.reuters.com › business › energy

   Jul 3, 2023 · Saudi Arabia said it would extend its voluntary oil output cut of one million barrels per day (bpd) for another month to include August, adding that the cut could be extended beyond...

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     Saudi Arabia may cut oil prices in August

     Jun 28, 2024

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     Saudi Arabia's Oil Cut

     Jun 9, 2023

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     Oil prices fall, reversing rise after Saudi production cut

     Jun 6, 2023

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7. www.cnn.com › 2023/08/03 › energySaudi Arabia extends oil production cut even as US gas prices ...

   www.cnn.com › 2023/08/03 › energy

   • Cached

   Aug 3, 2023 · OPEC leader Saudi Arabia is extending its oil production cut for at least another month in a move that threatens to drive gasoline and other energy prices even higher.

8. www.nytimes.com › 2023/08/03 › businessSaudi Arabia to Extend Oil Production Cut by a Month

   www.nytimes.com › 2023/08/03 › business

   Aug 3, 2023 · In a move to support oil prices, Saudi Arabia said Thursday that it would extend its decision to cut oil production by one million barrels a day for another month, to September.

9. www.ft.com › content › f421ca30-a55b-45ec-98d6-66c6aSaudi Arabia and Russia announce new oil production cuts

   www.ft.com › content › f421ca30-a55b-45ec-98d6-66c6a

   Jul 3, 2023 · Saudi Arabia and Russia will extend or make additional cuts to oil production in August, the two most powerful members of Opec+ said on Monday, as they scrambled to boost the price of...

10. apnews.com › article › saudi-arabia-oil-productionOil prices spike as Saudi Arabia, Russia extend 1.3 million ...

    apnews.com › article › saudi-arabia-oil-production

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    Sep 6, 2023 · DUBAI, United Arab Emirates (AP) — Saudi Arabia and Russia agreed Tuesday 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.

11. www.reuters.com › markets › commoditiesAsia refiners expect Saudi Arabia to cut August crude prices

    www.reuters.com › markets › commodities

    Jul 3, 2023 · SINGAPORE, July 3 (Reuters) - Asian refiners expect Saudi Arabia to lower prices for its crude supply to the region in August, a Reuters survey showed, even as the top oil exporter...