Only a week ago, news surfaced that Saudi officials were quietly hoping to push oil prices up to $80 per barrel, which would help boost the valuation of Saudi Aramco IPO. But why not $100 per barrel? Reuters reports that Riyadh would be fine with prices rising that far.        

NEXT
Topics:  saudi aramco ipo but   reuters   riyadh   saudi   oil   barrel   prices   
BING NEWS:
  • Oil adds to week's sharp loss as rollover of OPEC output cuts may meet resistance
    Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped with mounting speculation that OPEC's June meeting could expose cracks in ...
    05/3/2024 - 12:45 pm | View Link
  • Imperial Oil marks record Q1 production at Kearl ahead of Trans Mountain start
    Imperial Oil Ltd. pushed its Kearl oilsands project to record production for its first quarter ... "I'm very pleased to report that we sustained the strong operating momentum from the past several ...
    04/26/2024 - 7:27 am | View Link
  • Understanding the Correlation Between Oil and Currency
    It had more than one-quarter of OPEC's share of global supply as of ... That changed in 2020. Crude oil production ramped up and the U.S. exported 8.51 million barrels per day.
    04/16/2024 - 1:01 pm | View Link
  • Oil Market to Get ‘Extremely Tight’ in Second Half, Citadel Says
    Global oil markets are on track to be “extremely tight” in the second half, with prices rising to a level that will eventually constrain demand if OPEC doesn’t bring back more supply ...
    04/8/2024 - 3:45 am | View Link
  • Crude oil prices see a sharp jump; can they sustain gains? How can they impact Indian stock market sentiment?
    However, a weakness is anticipated in the second half of the year, particularly post-June, as the US is expected to increase production ... tightening supplies in Q2. At the same time, non-OPEC ...
    04/6/2024 - 6:42 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Movies News