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Saudi Arabia, one of the world's largest producers, said it would cut output, almost certainly a catalyst for an oil price rise......»»

Oil futures rise Friday, with prices up by roughly 8% for the week in large part to Saudi Arabia's recent decision to unilaterally cut crude output......»»

Oil prices rose on Monday, recovering earlier losses on news that leading exporter Saudi Arabia will reduce its output by 1 million barrels per day (bpd) on top of reductions agreed under an OPEC+ supply pact......»»

Output cuts, if all sides live up to the agreement, will end the price war between Russia and Saudi Arabia and eliminate 20 million crude barrels a day from a market that has been overwhelmed with supply......»»

Looks like that price war worked a little too well. While it was the U.S. benchmark that collapsed into negative territory for the first time ever on Monday, Saudi Arabia and other major oil-producing countries are.....»»

Crude prices trade higher Monday in choppy price action, a day after major oil producers reached a historic agreement to cut oil production, ending a damaging price war between Saudi Arabia and Russia......»»

Crude prices fell Monday, a day after major oil producers reached a historic agreement to cut oil production, ending a damaging price war between Saudi Arabia and Russia......»»

Oil futures climb on Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is expected to lead to an agreement to cut global crude production and end a price war between Russia and Saudi Arabia......»»

Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the United States and several others join in with curbs to help prop up prices that have been hammered by the coronavirus crisis......»»

Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the United States and several others join in with curbs to help prop up prices that have been hammered by the coronavirus crisis......»»

Oil prices slumped on Monday, pulling back from last week's gains after Saudi Arabia and Russia delayed a meeting of oil producers aimed at resolving growing worldwide oversupply as the coronavirus pandemic pummels demand......»»

Oil futures head lower on Monday after a key meeting between oil giants Saudi Arabia and Russia was tentatively moved to Thursday instead of Monday......»»

Dennis Van Tine/STAR MAX/IPx 2018 via AP Crude oil prices slid more than 3% on Monday on reports that Russia and Saudi Arabia have postponed their oil pr.....»»

U.S President Donald Trump said on Thursday he had brokered a deal with top oil producers Russia and Saudi Arabia to cut output and arrest an oil price rout amid a global coronavirus pandemic, sending crude prices up by 45%......»»

Stocks rose in volatile trading Thursday as oil prices jumped on expectations Saudi Arabia and Russia will ease the pressure off the oil market......»»

Stocks rose in volatile trading Thursday as oil prices jumped on expectations Saudi Arabia and Russia will ease the pressure off the oil market......»»

Saudi Arabia and Russia signalled on Thursday they were ready to cooperate to help stabilise the oil market after calls with U.S. President Donald Trump to discuss the slump in prices triggered by the end of a deal to curb output and a collapse in demand......»»

U.S. crude oil futures climbed nearly 3% on Tuesday in light trading as the Trump administration launched an effort to work with Saudi Arabia to stabilise oil prices......»»

Oil and gas companies around the world aim to slash spending as crude prices have plunged due to the impact of the coronavirus and a push by Saudi Arabia and Russia to ramp up output......»»

Oil and gas companies around the world aim to slash spending as crude prices have plunged due to the impact of the coronavirus and a push by Saudi Arabia and Russia to ramp up output. [O/R].....»»