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Oil near 3-1/2 year highs as Saudi backs higher prices, US stocks draw - Reuters
Reuters | Oil near 3-1/2 year highs as Saudi backs higher prices, US stocks draw Reuters Reuters reported on Wednesday that top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, which was seen as a sign that Riyadh will seek no changes to the supply-cutting deal. “The Saudis and their colleagues in ... OPEC Strategy Bears Fruit As Oil Prices Break Out Oil soars 2.9% to 3-year high, settling at $68.47, as US crude stockpiles drop $100 Oil Is Back On The Table |
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