CNBC | Watch for 'violent selloff' to thwart Saudi's wish for $100 oil MarketWatch Saudi Arabia would like to see oil prices at $80 or even $100 a barrel — and that's “icing on the cake” for the resurgent market, according to at least one analyst. Crude CLM8, +1.21% hit a 3 1/2-year high yesterday, lifted by U.S. supply surprise and ... Oil's 'artificial' surge to multi-year highs could spark a new crisis, economist warns Oil at fresh highs on Saudi seeking price hike, US stocks draw Oil hits 4-year high ahead of Opec-Russia supply meeting |