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Futures Movers: Oil books 2.8% gain on signs of compliance with output pact

Oil futures settle with a gain of nearly 3% Wednesday, pulled higher by expectations that President-elect Donald Trump’s plans to boost the economy will help lift energy demand and by signs of Saudi compliance with the output cut agreement......»»

Category: topSource: marketwatchJan 11th, 2017

Futures Movers: Oil logs a gain as OPEC touts compliance to cuts, but prices end off highs

Crude-oil futures on Tuesday settle sharply higher as investors bid futures contracts on the heels of growing optimism about compliance to a global pact to curb crude output......»»

Category: topSource: marketwatchFeb 21st, 2017

Futures Movers: Oil prices fenced in by mixed signs on global output

Oil supported by data showing compliance by OPEC members in January, but growing production in the U.S. is an issue for the global balance......»»

Category: topSource: marketwatchFeb 14th, 2017

Futures Movers: Oil scores weekly gain of over 12% on back of OPEC pact

Oil futures finish higher Friday, scoring a weekly gain of more than 12% as traders weigh the potential for the success of OPEC’s output deal......»»

Category: topSource: marketwatchDec 2nd, 2016

Futures Movers: Oil set for weekly gain of over 11% on back of OPEC pact

Oil futures edge higher Friday, poised for a weekly gain of more than 11% as traders weigh the potential for the success of OPEC’s output deal......»»

Category: topSource: marketwatchDec 2nd, 2016

Futures Movers: Oil up over 1% on lower U.S. output forecast, Libya, Nigeria production-cap talk

Oil climbs Tuesday as a lower 2018 forecast on U.S. crude production and speculation of possible output curbs in Libya and Nigeria fuel the strongest session gain for prices in over a week......»»

Category: topSource: marketwatchJul 11th, 2017

Futures Movers: Oil climbs on lower U.S. output forecast, Libya, Nigeria production-cap talk

Oil climbs Tuesday as a lower 2018 forecast on U.S. crude production and speculation of possible output curbs in Libya and Nigeria put prices on track for their strongest session gain in over a week......»»

Category: topSource: marketwatchJul 11th, 2017

Futures Movers: Oil notches a gain as traders weigh output-cap prospects for Libya and Nigeria

Oil ends modestly higher Monday following news that Libya and Nigeria have been invited to OPEC’s meeting with other major producers later this month,.....»»

Category: topSource: marketwatchJul 10th, 2017

Futures Movers: Oil struggles for direction on signs of further U.S. output growth

Oil prices struggle for direction, seesawing between losses and gains as traders weighed expectations of further growth in U.S. crude output against forecasts of a weather-related weekly decline in domestic supplies......»»

Category: topSource: marketwatchJun 26th, 2017

Futures Movers: Oil continues to gain ahead of OPEC meeting

Ahead of this week’s OPEC meeting and a looming decision on output cuts by major producers, oil prices are rising. U.S. supply data is coming......»»

Category: topSource: marketwatchMay 24th, 2017

Futures Movers: Oil prices log 5th straight gain with OPEC expected to extend output cuts

Oil prices Tuesday finish hi.....»»

Category: topSource: marketwatchMay 23rd, 2017

Futures Movers: Optimism ahead of OPEC meeting drives U.S. crude oil back above $50

It is widely expected an extension to the current pact to reduce oil output will occur at next week’s OPEC meeting. Energy officials from Saudi Arabia and Russia this week signaled they back a nine-month extension......»»

Category: topSource: marketwatchMay 19th, 2017

Futures Movers: Optimism ahead of OPEC meeting drives further gains for oil

It is widely expected an extension to the current pact to reduce oil output will occur at next week’s OPEC meeting. Energy officials from Saudi Arabia and Russia this week signaled they back a nine-month extension......»»

Category: topSource: marketwatchMay 19th, 2017

Futures Movers: Oil poised to gain more than 3% this week as hopes grow for output-cut extension

Oil prices inch lower, but are poised to finish the week more than 3% higher as hopes build for an extension of OPEC’s production-cut deal......»»

Category: topSource: marketwatchMay 12th, 2017

Futures Movers: Oil ends at 1-week high on Libya output disruptions

Oil prices settle at a roughly one-week high Tuesday, buoyed by news of disruptions to Libyan crude production and talk of a six-month extension to an OPEC-led pact to limit global output......»»

Category: topSource: marketwatchMar 28th, 2017

Futures Movers: Oil climbs on Libya output woes, hopes for extension of OPEC-led production cuts

Oil prices climb Tuesday, buoyed by news of disruptions to Libyan crude production and talk of a six-month extension to an OPEC-led pact to limit global output......»»

Category: topSource: marketwatchMar 28th, 2017

Futures Movers: Oil climbs with hopes for extension of OPEC-led pact to curb output

Crude-oil prices trade slightly higher Tuesday amid talk of a six-month extension of an OPEC-led pact to limit production......»»

Category: topSource: marketwatchMar 28th, 2017

Futures Movers: Oil price gain could snap long losing streak with supply data, Fed decision ahead

Oil prices rebounded slightly Wednesday from recent losses, even as production data risks keeping downward pressure on prices. Sentiment largely remains gloomy on growing doubts whether the OPEC-Russia output cut plan is delivering the expected results......»»

Category: topSource: marketwatchMar 15th, 2017

Futures Movers: Oil books a weekly loss of just over 9%

U.S. data showing a hefty increase in domestic crude stockpiles and further gains in output feed worries that OPEC-led output cuts won’t be enough to rebalance the market......»»

Category: topSource: marketwatchMar 10th, 2017

Futures Movers: Oil prices claw back some ground after plunging to year lows

Oil makes small attempts at positive territory a day after sharp losses after the latest data from the U.S., which is not part of the OPEC output-cut pact, showed that crude production last week reached a more than one-year high......»»

Category: topSource: marketwatchMar 9th, 2017

Futures Movers: Oil settles lower to end 3 straight sessions of gains, as non-OPEC production weighs

Crude-oil prices on Wednesday finish lower, snapping a three-session string of gains as concerns about growing output producers outside of a pact to curtail global output weighed on crude futures......»»

Category: topSource: marketwatchFeb 22nd, 2017