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Brent Oil - Oil fell by more than 2% as Saudi price cuts counter West Asian worries

08-01-2024 03:06

Brent crude slid 2.2%, or $1.74, to $77.02 a barrel by 1024 GMT while U.S. West Texas Intermediate crude futures shed 2.3%, or $1.73, to $72.08 ...

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Oil falls as Saudi Arabia cuts selling prices – business live

Rolling coverage of the latest economic and financial news, as Brent crude drops by 1% this morning ...

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Oil down as Saudi Arabia cuts prices to Asia, Fed rate cut hopes retreat

Fed officials warn that fight against inflation may require policy rate increases for some time - Anadolu Ajansı ...

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Oil down more than 1% as Saudi price cuts offset Mid-East worries

Oil prices fell by more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting worries about escalating geopolitical tension in the Middle East.

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Crude oil down after Saudi Arabia announces price cuts

State-owned producer Saudi Aramco (TADAWUL: 2222) had unveiled cuts by up to US$2 per barrel from February against regional benchmarks on Sunday, which coupled with an uptick in supply by the ...

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