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Futures Movers: Oil declines as IEA forecasts increased output from non-OPEC members

Crude-oil prices head lower on Tuesday as a report from the International Energy Agency indicates that crude output from non-OPEC countries is set to exceed global demand this year......»»

Category: topSource: marketwatchFeb 13th, 2018

Futures Movers: Oil slips as IEA forecasts increased output from non-OPEC members

Crude-oil prices slip on Tuesday, moving slightly lower as a report from the International Energy Agency indicates that crude output from non-OPEC countries is set to exceed global demand this year......»»

Category: topSource: marketwatchFeb 13th, 2018

Oil declines as Opec members boost output

Oil declined as Opec members added supply and US producers increased drilling, threatening to compound a global surplus.Futures fell by as much as 1.8 per cent. Libyan output expanded to 560,000 barrels a day, according to the National Oil Corp, up ........»»

Category: topSource: business-standardOct 17th, 2016

Futures Movers: Oil market pauses advance as U.S. output crosses milestone

Oil prices were lower Friday, as the market weighed rising U.S. crude output against more bullish factors such as increased compliance with OPEC-led production curbs......»»

Category: topSource: marketwatchFeb 2nd, 2018

Futures Movers: Oil prices higher with Brent up sharply amid optimism over OPEC meeting

Oil prices are higher as OPEC members and non-members meet in Vienna, with investors watching to discover whether Russia and Saudi Arabia can move past their differences to extend the current output deal for all of 2018......»»

Category: topSource: marketwatchNov 30th, 2017

Futures Movers: Oil prices inch higher with OPEC meeting in focus

Oil prices edge higher as OPEC members and non-members meet in Vienna, with investors watching to discover whether Russia and Saudi Arabia can move past their differences to extend the current output deal for all of 2018......»»

Category: topSource: marketwatchNov 30th, 2017

Futures Movers: Oil ends lower as traders weigh prospects for extended OPEC output curbs

Oil declines as investors look ahead to next week’s meeting of global crude producers where an extension of output cuts is set to be discussed......»»

Category: topSource: marketwatchNov 20th, 2017

Futures Movers: Oil settles at 3-week low as OPEC and U.S. crude output grow

Oil fall sharply Monday, with concerns over rising crude output from OPEC members and U.S. shale-oil producers pushing prices to their lowest finish in three weeks......»»

Category: topSource: marketwatchAug 14th, 2017

Futures Movers: Oil slides below $51 as OPEC agrees on 9-month output extension

Oil prices move sharply lower on Thursday after members of the Organization of the Petroleum Exporting Countries agree on a nine-month extension to their output accord, but stopped short of taking on deeper production cuts......»»

Category: topSource: marketwatchMay 25th, 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 remains lower after OPEC confirms large output drop

Oil prices briefly trim losses but remain under pressure after OPEC data confirms members are largely complying with an agreement to slash crude output......»»

Category: topSource: marketwatchFeb 13th, 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 at 3-week high as Russia’s Putin feeds expectations for OPEC output deal

The weekend brings a renewed push by members of OPEC to resolve differences ahead of the Nov. 30 meeting in Vienna, as Vladimir Putin, president on-OPEC Russia, voices willingness to freeze output......»»

Category: topSource: marketwatchNov 21st, 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 futures sink a 2nd day as OPEC’s plan to cap output in doubt

Lack of clear commitment from Russia to slash production and rising output from OPEC members feed doubts that the OPEC proposal reached in late September to cut production will materialize......»»

Category: topSource: marketwatchOct 12th, 2016

Futures Movers: U.S. oil prices pare gains as EIA forecasts further shale-oil output growth

Prices for U.S. benchmark crude see a slight gain Monday, but settle near the session’s lows, as the government forecast a further rise in domestic shale-oil production......»»

Category: topSource: marketwatchFeb 12th, 2018

Futures Movers: Oil prices end flat with U.S. crude supplies down 9 weeks, but output near a record

Oil prices settle little changed Thursday, down a few cents as weekly U.S. crude production remains close to a record, offsetting support from a ninth week in a row of declines in domestic supplies......»»

Category: topSource: marketwatchJan 18th, 2018

Futures Movers: Oil prices end at 1-week low on rise in U.S. crude output, gasoline stocks

Oil prices settle at their lowest in a week on Wednesday as traders weigh the latest OPEC crude production data as well as figures on U.S. output and petroleum supplies......»»

Category: topSource: marketwatchDec 13th, 2017

Futures Movers: Oil prices move lower on rise in U.S. crude output, gasoline stocks

Oil prices retreat Wednesday as traders weigh the latest OPEC crude production data as well as figures on U.S. output and petroleum supplies......»»

Category: topSource: marketwatchDec 13th, 2017

Futures Movers: Oil prices slip on signs of rising U.S. output

Oil prices fell Monday though traded mixed initially, after drilling activity increased for a third consecutive week......»»

Category: topSource: marketwatchDec 11th, 2017