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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 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

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