The Globe and Mail | Oil jumps 3 per cent on Saudi price target, US stockpiles The Globe and Mail Oil futures jumped nearly 3 percent on Wednesday on a decline in U.S. crude inventories and after sources signaled top exporter Saudi Arabia wants to see the crude price closer to $100 a barrel. OPEC's new price hawk Saudi Arabia would be happy for ... Oil rises two percent as Saudi Arabia aims at $100/bbl, US stockpiles fall Oil climbs to a nearly 3 1/2 year high after a surprise weekly fall in US crude stocks Oil Rises Amid Shrinking US Surplus as OPEC Prepares to Gather |