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Futures Movers: OPEC confirms a 9-month extension to output curbs, supports charter to formalize producer alliance

Oil futures settle higher on Monday, then hold onto most those gains in electronic trading, after OPEC said it has officially agreed to extend production curbs by nine months and fully supports a charter to formalize its alliance with non-OPEC producers......»»

Category: topSource: marketwatchJul 1st, 2019

Futures Movers: Oil prices rise on signs OPEC may extend output cuts

Oil prices rise Monday as OPEC members meeting over the weekend signal the extension of output cuts, agreed in December and due to expire next month......»»

Category: topSource: marketwatchMay 20th, 2019

Futures Movers: Oil inches lower as traders prepare for OPEC+ decision on crude output

Oil futures drift lower Tuesday as traders await a decision by the Organization of the Petroleum Exporting Countries and its allies on how much production to restore beginning next month......»»

Category: topSource: marketwatchMar 2nd, 2021

Futures Movers: Oil ends higher after hitting 3-month low on coronavirus fears

Oil futures end higher on Tuesday, finding support as OPEC is reportedly considering an extension to its cuts in crude production, a day after prices ended at a more than three-month low......»»

Category: topSource: marketwatchJan 28th, 2020

Futures Movers: Oil erases earlier gains to finish lower as demand worries prevail, even as OPEC output drops

Oil futures give up earlier gains on Monday to finish with a modest losses, pressured by prevailing worries over energy demand, despite a monthly drop in OPEC output......»»

Category: topSource: marketwatchOct 7th, 2019

Futures Movers: Oil prices drop to 2-week low as global demand worries offset OPEC output-cut extension

Oil futures slump Tuesday to lowest price in nine trading says, erasing gains following news of extended OPEC-led production cuts......»»

Category: topSource: marketwatchJul 2nd, 2019

Futures Movers: Oil prices inch higher as Middle East tensions flare up, OPEC extension considered

Oil prices gain Tuesday, though were off earlier highs, with U.S.-priced crude trading at its best levels this month......»»

Category: topSource: marketwatchMay 21st, 2019

Futures Movers: Oil higher on Venezuela turmoil, uncertainty over OPEC output cuts

Crude prices climb on Tuesday, building on a gain for the month as the Saudis look to defy President Donald Trump’s request to pump more oil and an uprising in Venezuela feed uncertainty over the country’s output......»»

Category: topSource: marketwatchApr 30th, 2019

Futures Movers: Oil prices firm back to near 5-month highs ahead of OPEC, U.S. inventory updates

Oil futures prices firm early Wednesday, trending back near the five-month closing highs reached earlier this week, as investors awaited U.S. inventory data and a monthly OPEC report meant to show how much output the cartel and its allies cut in March......»»

Category: topSource: marketwatchApr 10th, 2019

Futures Movers: Oil prices decline, look to post positive weekly return

Oil futures head lower on Friday, pulling back after ending higher for the month of February, as traders weigh data showing a drop in OPEC output to its lowest in four years against a backdrop weak U.S. economic data and record domestic production......»»

Category: topSource: marketwatchMar 1st, 2019

Futures Movers: Oil loses ground as OPEC reportedly weighs output rise

Oil futures trade lower on talk the Organization of the Petroleum Exporting Countries could move next month to boost output to make up for a Venezuelan production shortfall and potential lost supply from Iran......»»

Category: topSource: marketwatchMay 23rd, 2018

Futures Movers: Oil drops to multiweek low as OPEC, Russia mull output increase

Oil prices plunge Friday as reports say OPEC and Russia are considering lifting production by as much as 1 million barrels a day to meet the shortfall in supply from Iran and Venezuela......»»

Category: topSource: marketwatchMay 25th, 2018

Futures Movers: Oil drops to multiweek low as OPEC, Russia talk output increase

Oil prices plunge Friday as reports say OPEC and Russia are considering lifting production by as much as 1 million barrels a day to meet the shortfall in supply from Iran and Venezuela......»»

Category: topSource: marketwatchMay 25th, 2018

Futures Movers: Oil ends at 1-week highs as OPEC+ meets a day early and decides keep its output plans in place

Oil futures finish at t.....»»

Category: topSource: marketwatchApr 27th, 2021

Futures Movers: Oil stays higher as reports say OPEC+ plans to keep its output plans and cancel Wednesday’s meeting

Oil futures remain higher on Tuesday after reports said the Organization of the Petroleum Exporting Countries and its allies plan to keep their plan to gradually raise production in place, and cancel a meeting that was scheduled for Wednesday......»»

Category: topSource: marketwatchApr 27th, 2021

Futures Movers: Oil falls more than 3% as OPEC+ eases curbs, Iran output seen rising

Oil futures fall sharply.....»»

Category: topSource: marketwatchApr 5th, 2021

Futures Movers: U.S. oil rises 1.5%, extends climb to 19-month high after OPEC+ decision

Oil futures on Friday add to their gains, a day after the Organization of the Petroleum Exporting Countries and its allies, in a surprise move, said they would rollover current production cuts to the end of April......»»

Category: topSource: marketwatchMar 5th, 2021

Futures Movers: Oil futures settle lower, but U.S. benchmark logs a monthly gain of nearly 18%

Oil futures settle sharply lower Friday, with the U.S. benchmark pulling back from a 22-month high, as a stronger dollar and jitters ahead of next week's OPEC+ meeting inspire a round of apparent profit-taking......»»

Category: topSource: marketwatchFeb 26th, 2021

Futures Movers: Oil ends mixed as traders eye Texas output recovery and next week’s OPEC+ meetings

Oil futures end mixed Tuesday, with U.S. prices down a few penn.....»»

Category: topSource: marketwatchFeb 23rd, 2021

Futures Movers: Oil mixed as traders eye Texas output recovery and next week’s OPEC+ meetings

Oil futures trade on a mixed note Tuesday as traders eye the pace of recovery in Texas energy output in the wake of last week's winter storms and speculation surrounding a decision on production by major oil producers next week......»»

Category: topSource: marketwatchFeb 23rd, 2021