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Oil prices surge after Trump says he expects Saudi Arabia and Russia to end their price war and reach a deal
Evan Vucci/AP Oil prices surged by about 10% on Thursday after U.S. President Donald Trump said he called on Saudi Arabia and Russia to reach a deal to end their price war and mitigate a price collapse. Trump spok.....»»
Trump says expects Russia-Saudi oil deal soon, invites US oil chiefs to White House
U.S. President Donald Trump said he has invited U.S. oil executives to the White House to discuss ways to help the industry "ravaged" by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia......»»
Trump says he expects Saudi-Russia oil production deal in coming days
U.S. President Donald Trump said on Wednesday he expected Saudi Arabia and Russia to reach a deal in the next few days on oil production to end a price war that has "ravaged" the oil industry worldwide......»»
Trump says expects Russia-Saudi oil deal soon, invites U.S. oil chiefs to White House
U.S. President Donald Trump said he has invited U.S. oil executives to the White House to discuss ways to help the industry "ravaged" by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia......»»
Oil steady as OPEC Saudi minister urges production caution
At OPEC's meeting Saudi Arabia energy minister maintains cautious stance on oil production levels......»»
The Real Price of Saudi Arabia’s Surprise Oil Cuts
Higher prices and other savings will help offset the cost of output cuts......»»
Oil steady after US Capitol drama; tighter supplies in focus
Investors focusing on the likelihood of tighter supplies after Saudi Arabia unilaterally agreed to cut output......»»
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk Tyler Durden Wed, 05/13/2020 - 18:45 .....»»
Oil falls on fears of second coronavirus wave
Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia tempered worries about oversupply and limited price losses......»»
US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse
US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse Petrodollar panic? As tensions between OPEC (cough - the Saudis - cough) and Washington rise over the supply (and price) of oil glob.....»»
Oil Surges After Saudis Slash Price Discounts In Bid To Prop Up Market
Oil Surges After Saudis Slash Price Discounts In Bid To Prop Up Market After slumping much of yesterday, Brent soared on Thursday morning, after Saudi Arabia stepped in to prop up the recovery in the energ.....»»
Moody"s cuts Saudi Arabia"s credit outlook to negative, cites oil-price shock driven by coronavirus
G20 Argentina via AP Moody's downgraded Saudi Arabia's sovereign outlook to negative from stable on Friday, citing increased downside risks to the kingdom's fiscal strength from the oil rout. "The government's balance sheet ha.....»»
Trump gave Saudi Arabia an ultimatum to cut oil supply or lose US military support
REUTERS/Kevin Lamarque/File Photo US President Donald Trump gave Saudi Crown Prince Mohammed bin Salman an ultimatum to end its oil price war with Russia — cut oil prices or lose US military support. Earlier this month, Trump told bin Salman th.....»»
Oil prices rally as producers tackle supply glut
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......»»
Oil surges on Middle East tensions, output cuts
The oil market has come under siege this year as ballooning supplies exacerbated by the price war between Russia and Saudi Arabia hit the market at the same time that government responses to COVID-19 has destroyed demand......»»
Market Extra: What’s next for oil after prices go negative? Saudis, other producers expected to do more to curb 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.....»»
Oil falls after Saudi Arabia, Russia end price war with historic deal
WTI crude oil fell after the historic agreement......»»
Futures Movers: Oil higher in choppy trade after historic deal to cut output and end price war
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......»»
Market Snapshot: Stock-index futures lower as investors prepare for coronavirus-damaged earnings season
Stock-index futures quickly give up early gains Sunday evening, as oil gained following a historic agreement by major producers to curb production, ending a price war between Saudi Arabia and Russia......»»
Futures Movers: Crude prices turn lower as Goldman Sachs sees downside risks to oil after historic deal to cut output
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......»»