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Saudi, Trump 'jawboning' suggests $75 top for oil market

FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas
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LONDON (Reuters) - Ask Saudi Arabia about its preferred oil price and the kingdom will say it has no target.But a look at the pronouncements on the oil market by the world's top oil exporter this year points to an oil price aspiration of around $70 per barrel .OPEC's de facto leader probably would not mind oil prices rising to $75 per barrel and beyond.But it has a problem. As soon as prices..
Date Published: Aug 14, 2019
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