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 Saudi economy has boomed amid a rise in global oil prices [Getty]](/sites/default/files/styles/image_330x185/public/2021-12/GettyImages-458328724.jpg?h=4b4c424d&itok=ZPi_G4Uv)
