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What Will It Take For Saudi Arabia To Push Oil Towards $100?

To keep oil prices above $50 and push them towards $100, Saudi Arabia will need all the help it can get from environmentalists.
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Why the Saudis want $100-a-barrel oil

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In 2009, Saudi Arabia’s King Abdullah called $75-a-barrel oil a fair price. But the price of fairness seems to be rising fast: According to the Financial Times, the Saudis now prefer to keep oil prices at about $100 per barrel. What...

Saudi Arabia's Second Big Gamble Will Take The Oil Market For A Rough Ride

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After causing a collapse of the oil market, Saudi Arabia will soon have no choice but to push oil prices higher—to give a boost to Aramco IPO. For the last two years, Saudi Arabia wanted oil prices to stay below $40 in order to halt...

The Real Reasons Saudi Arabia Won't Support Oil Prices Above $40

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Saudi Arabia had a clear and loud message to oil markets ahead of the upcoming Doha meeting: "the Kingdom rules out any production cuts." This means that Saudi Arabia won’t support the recent run up of oil prices above $40 at this p...

Saudi favours $100 oil

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Saudi Arabia said it favours an oil price of $100 per barrel. ||| Saudi Arabia, the world's top oil exporter, said on Monday it favours an oil price of $100 per barrel, identifying an ideal crude price for the first time in more tha...

Saudi Arabia Wants To Push Oil Above $50. What Will It Take?

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After letting oil prices head to the mid-$20s and drive a few hundred American frackers out of business,Saudi Arabia wants oil prices to head above $50 again – and stay there. That’s what new Saudi oil minister Khalid al-Falih told ...


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