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Futures Movers: Oil prices rise as key OPEC+ production conference gets under way
Oil futures climb on Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is expected to lead to an agreement to cut global crude production and end a price war between Russia and Saudi Arabia......»»
Asian shares rise as investors pin hopes on pandemic peaking
Asian shares rose on Thursday on hopes the COVID-19 pandemic is nearing a peak and that governments would roll out more stimulus measures to support their economies, while expectations of a deal to cut oil production bolstered crude prices......»»
Oil prices rise on bargain-hunting; virus fears cap gains
Oil climbed on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out of China and curbing major economies and fuel demand capped gains......»»
Stocks edge higher as trade deadline nears, oil falls
Global equity markets rose on Wednesday as investors expected U.S. President Donald Trump would delay his promised new tariffs on Chinese goods, while oil prices fell after data showed an unexpected rise in U.S. crude inventories......»»
Oil drops as U.S. data shows unexpected rise in crude stocks
Oil prices dropped about 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs by Washington on Chinese goods would come into force on Sunday......»»
Futures Movers: Oil prices rise ahead of weekly U.S. storage data
Oil futures gain ground Thursday as investors await a government tally of U.S. crude inventories after industry figures showed an unexpected decline in stocks......»»
Oil prices rise, shrug off inventory gain, look for China stimulus
Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering from losses in the previous session on a much larger than expected build in U.S. crude stocks......»»
Oil prices rise as investors put hopes on China stimulus
Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering from losses in the previous session on a surprise build in U.S. crude stocks......»»
Oil prices rise after U.S. crude stockpile drop
Oil prices rebounded slightly on Wednesday after a steep fall in the previous session as OPEC and its allies' decision to extend output cuts was not enough to counter investors' concerns about the slowing global economy......»»
U.S. prepares end to Iran sanctions waivers, triggering oil price spike
The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent rise in crude prices......»»
U.S. to announce end to Iran sanctions waivers, oil prices spike
The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggering about a 3 percent rise in crude prices......»»
Futures Movers: Oil ends higher as investors await inventory data
Oil futures finish higher on Tuesday, with U.S. prices rebounding after dropping to a more than one-week low a day earlier, as investors await weekly petroleum data, which may reveal a fourth straight weekly rise in domestic crude inventories......»»
Schlumberger profit surges on higher oil prices
(Reuters) - Oilfield services provider Schlumberger NV reported an 88 percent rise in quarterly profit on Friday as rising crude oil prices encouraged its North American clients to ramp up spending......»»
Chesapeake tops estimates on higher production, prices
(Reuters) - Chesapeake Energy Corp's quarterly profit exceeded analysts' estimates on Wednesday, as it produced more oil and natural gas from fewer wells and gained from the past year's rise in global prices of crude......»»
Asia stocks rise as crude oil extends rally on Iran worries
TOKYO (Reuters) - Asian stocks rose on Thursday, with energy shares leading the way as crude oil prices bolted higher after U.S. President Donald Trump's decision to pull out of a nuclear deal with Iran......»»
Oil slips on profit-taking from Iran-based rally
NEW YORK (Reuters) - Crude prices slipped on Thursday, giving up early gains as investors took profit on a rally triggered by potential disruption to oil flows from major exporter Iran in the face of U.S. sanctions......»»
Oil cautious on rise in U.S. drilling, Iran sanctions opposition
SINGAPORE (Reuters) - Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran......»»
Oil prices fall as supply from top three producers set to rise
SINGAPORE (Reuters) - Oil prices dropped on Monday on signs that output from the three top crude producers, Russia, the United States and Saudi Arabia, would climb to meet concerns about supply amid strong demand......»»
Oil prices dip on unexpected growth in U.S. crude stocks
SEOUL (Reuters) - Oil prices dropped on Thursday, weighed down by a surprise rise in U.S. crude inventories and by expectations that OPEC and other producers could increase output at a meeting in June......»»
Oil prices rise on U.S. push to shut out Iran, supply disruptions
SINGAPORE (Reuters) - Oil prices rose on Wednesday as a supply disruption in Canada tightened the market and after U.S. officials told importers to stop buying Iranian crude from November......»»