Darkening Outlook For Global Economy Threatens Crude

Oil analysts have grown more pessimistic over the prospects for a significant price rally this year, as booming U.S. shale output and a deteriorating global economic backdrop threaten to offset the boost from OPEC's crude supply cuts......»»

Oil futures head slightly lower on Thursday as investors wrestle with the outlook for crude demand amid slack in the global economy......»»

Oil prices rose on Monday after the United States and China both suggested they could ease up in a trade war that has undermined the outlook for the global economy and crude demand......»»

Oil prices rose on Thursday following a drawdown in U.S. crude inventories, but gains in fuel inventories and persistent concerns over the global economy and future demand outlook capped gains......»»

Crude oil prices fell on Friday as concerns over the outlook for global economic growth outweighed elevated tensions in the Middle East that could disrupt supply routes and send prices higher......»»

OPEC ministers on Monday agreed to extend the oil producers' group supply cuts until early 2020 to prop up crude prices and offset the risk of a market glut amid growing U.S. output and a weakening global economy......»»

Oil climbed more than 2 percent to new 2019 highs Monday, with Brent crude touching $69 a barrel, after positive signs for the global economy and tighter supplies drove both benchmarks' largest first-quarter gains in nearly a decade......»»

Oil climbed about 2 percent to new 2019 highs on Monday, with Brent crude touching $69 a barrel, after positive signs for the global economy and tighter supplies drove both benchmarks' largest first-quarter gains in nearly a decade......»»

Oil climbed more than 1 percent with U.S. crude futures hitting a 2019 high on Monday after tight supply and positive signs for the global economy drove both benchmarks' largest first-quarter gains in nearly a decade......»»

Oil prices fell on Monday, as concern over the global economy put crude on track for its biggest monthly fall since mid-2016......»»

Oil prices inched lower on Monday as concern over the global economy put crude on track for its biggest monthly fall since mid-2016......»»

Oil prices dropped on Monday as concern over the global economy put crude on track for its biggest monthly fall since mid-2016......»»

Oil prices ticked higher on Thursday on optimism that trade talks at the G20 meeting could aid the global economy and improve the demand outlook, while an increase in U.S. crude inventories to their highest in a year curbed gains......»»

The Bank of Japan is expected to cut its inflation forecasts at next week's rate review, sources say, a sign slumping oil prices and a darkening global economic outlook are heightening challenges for hitting its ambitious 2 percent target......»»

Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela's oil industry outweighed downward pressure from a darkening outlook for the global economy......»»

Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela's oil industry outweighed downward pressure from a darkening outlook for the global economy......»»

Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela's oil industry outweighed pressure from a darkening outlook for the global economy......»»

Oil prices held steady on Wednesday, supported by concerns about supply disruptions following U.S. sanctions on Venezuela's oil industry but pegged back by a darkening outlook for the global economy......»»

U.S. job growth likely slowed in January after December's weather-related outsized surge, but the pace of hiring probably remains fast enough to support the economy amid a darkening outlook resulting from government policy and cooling global economies......»»

The company produces "epi-wafers," a sophisticated material used in various products ranging from laser hair removal systems to facial recognition sensors found in Apple's iPhones. read more.....»»