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

Joined
Oct 4, 2023
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Just watch how the Saudis are trying to influence the US election by Gas/Oil games.

The Saudis decided to abandon $100 crude target right before the election which is a month away.
If this is not a sign that the Saudis want Harris in i dont know what would it be.


This was already tried on 2014..
Saudi Arabia ready to abandon $100 crude target to take back market share



Saudi Arabia is ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, in a sign that the kingdom is resigned to a period of lower oil prices, according to people familiar with the country’s thinking.
 
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