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The Saudi economy has boomed amid a rise in global oil prices [Getty]
Economy
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Reports say Saudi Arabia is preparing to abandon its oil price target of $100 a barrel as it prepares to increase output to take back market share.

The New Arab Staff & Agencies
26 September, 2024
Saudi oil field AFP
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OPEC increases
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OPEC and their allies
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OPEC increases
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A model oil pump with miniature barrels in the background
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OPEC_Meeting
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Oil prices have increased recently amid a surge in global demand [Getty]
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OPEC meeting
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A model oil pump with miniature barrels in the background
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mbz mbs
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