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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 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 books a 2nd day of gains on signs of U.S. gasoline demand

Strong demand for gasoline in the U.S. helps shore up oil prices on Thursday......»»

Category: topSource: marketwatchFeb 9th, 2017

Futures Movers: Oil prices drop even after encouraging Saudi comments on supply

Oil prices had gained traction over the weekend after Saudi Arabia’s energy minister, Khalid al-Falih, said the 20 nations that have agreed to rein in output are showing very good compliance......»»

Category: topSource: marketwatchJan 23rd, 2017

Futures Movers: Oil prices steady in wake of Saudi comments on supply

Oil prices gained traction over the weekend after Saudi Arabia’s energy minister, Khalid al-Falih, said the 20 nations that have agreed to rein in output are showing very good compliance......»»

Category: topSource: marketwatchJan 23rd, 2017

Futures Movers: Oil trims loss as OPEC’s Barkindo says he sees ‘tremendous effort’ to cut output

Oil futures fall Wednesday, weighed down by concerns about rising U.S. shale production, but news of compliance among countries who pledged production cuts limits losses......»»

Category: topSource: marketwatchJan 18th, 2017

Futures Movers: Oil up a second day on signs of output cut, weaker dollar and China demand growth

Oil futures extend gains to a second straight session Thursday, getting a boost from more indications that major producers are cutting back crude output, strong demand growth in China and a slide in the dollar......»»

Category: topSource: marketwatchJan 12th, 2017

Oil Futures Tally Fourth Straight Weekly Gain

Oil futures edged higher Friday, with ongoing signs that major oil producers are sticking to their pledge to cut back output helping prices tally a weekly gain of roughly 0.5%......»»

Category: topSource: foxnewsJan 6th, 2017

Futures Movers: Oil prices jump for 3rd day as OPEC members cut output

Crude oil prices erase losses and bounce back into positive territory on Friday on continued signs OPEC members are sticking to their pledges to cut production to reduce the global supply glut......»»

Category: topSource: marketwatchJan 6th, 2017

Futures Movers: Oil prices rise on signs OPEC members will stick to output pledges

Oil futures climb on Wednesday, rebounding slightly from the prior day’s sharp selloff, on signs that major oil producers are sticking to their agreed production cuts......»»

Category: topSource: marketwatchJan 4th, 2017

Futures Movers: Oil posts 45% rise in 2016, biggest annual gain in 7 years

Oil futures ended slightly lower Friday but the U.S. benchmark ends the year with its biggest annual gain since. 2009, buoyed by expectations major oil producers will stick to a plan to curb output......»»

Category: topSource: marketwatchDec 30th, 2016

Futures Movers: Oil inches higher, turns positive for the week

Oil prices climbed Friday and for the week, with traders encouraged by signs that major oil producers will adhere to the pledge to curb output but still concerned about potential production increases in the U.S. and Libya......»»

Category: topSource: marketwatchDec 16th, 2016

Futures Movers: Oil posts 9% gain as OPEC agrees to cut output for first time in 8 years

Oil futures rally by more than 9% Wednesday as OPEC confirms that it has reached a deal to reduce collective output—its first such agreement in about 8 years......»»

Category: topSource: marketwatchNov 30th, 2016

Futures Movers: Oil settles higher, marks first weekly gain in a month

Oil futures finish modestly higher Friday, logging their first weekly gain in a month, as traders weigh the likelihood that OPEC will be able to complete an output deal......»»

Category: topSource: marketwatchNov 18th, 2016

Futures Movers: Oil ends with a loss on doubts of OPEC output compliance

Saudi Arabia’s oil minister voices optimism about OPEC’s ability to reach a deal to curb output later this month, but traders express doubts that the group’s members will stick to individual production quotas......»»

Category: topSource: marketwatchNov 17th, 2016

Futures Movers: Oil logs first gain in 4 sessions on fresh hopes for an output deal

Oil futures finish higher as renewed hopes for a crude output deal among major producers and an unexpected weekly decline in U.S. crude inventories fuel a rebound in prices after a three-session decline......»»

Category: topSource: marketwatchOct 27th, 2016

Futures Movers: Oil price notches 3-week low as anxieties about output pact take hold

Data from the Energy Information Administration reveal an unexpected weekly decline of 600,0000 barrels for U.S. crude stockpiles but doubts over the success of OPEC’s plan to curb production put pressure on prices......»»

Category: topSource: marketwatchOct 26th, 2016

Futures Movers: Oil prices wobble after Iraq raises doubt about OPEC output deal

Iraqi oil officials over the weekend were reported to have said they would not scale back output, sparking concerns other countries might ask to be left out of a pact to cut production......»»

Category: topSource: marketwatchOct 24th, 2016

Futures Movers: Oil prices fall after Iraq says it won’t scale back output

Iraqi oil officials over the weekend were reported to have said they would not scale back output, sparking concerns other countries might ask to be left out of a pact to cut production......»»

Category: topSource: marketwatchOct 24th, 2016