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Futures Movers: Oil prices rally after OPEC agrees to smaller-than-expected production boost

Oil prices rally Friday as OPEC members agree to essentially raise output by an amount that isn’t expected to flood the market with crude......»»

Category: topSource: marketwatchJun 22nd, 2018

Futures Movers: Oil wavers after recent rally in lead-up to expected Saudi-Russia output cut

Oil futures see mixed trading Tuesday, with U.S. prices making moves in either direction, after a strong start to the week on bullish optimism ahead of an OPEC meeting that is increasingly expected to result in a production cut......»»

Category: topSource: marketwatchDec 4th, 2018

Futures Movers: Oil up by more than 5% as OPEC+ agrees to extend production curbs

Oil futures rally Thursday by more than 5% after the Organization of the Petroleum Exporting Countries and its allies said they will rollover current production cuts to the end of April......»»

Category: topSource: marketwatchMar 4th, 2021

Futures Movers: Oil futures climb, with U.S. prices up more than 30%

Oil futures head higher on Wednesday, with U.S. benchmark prices rallying by more than 30% as government data showed a slightly smaller-than-expected weekly climb in domestic crude supplies, along with declines in gasoline stocks and oil production......»»

Category: topSource: marketwatchApr 29th, 2020

Futures Movers: Oil prices rebound from 21-year low; gasoline futures rally on smaller U.S. stock climb

Oil ends sharply higher on Wednesday as a rise in U.S.-Iran tensions and declines in U.S. crude output prompt a rebound from a 21-year low, and as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»

Category: topSource: marketwatchApr 22nd, 2020

Futures Movers: Oil prices rise as key OPEC+ production conference gets under way

Oil futures climb on Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is expected to lead to an agreement to cut global crude production and end a price war between Russia and Saudi Arabia......»»

Category: topSource: marketwatchApr 9th, 2020

Futures Movers: Iran tensions boost oil prices for the week, but Tropical Storm Barry provides little support

Oil futures climb for the week as tensions persist in the Middle East, but prices post only a small gain Friday with a Gulf of Mexico storm expected to cause a limited reduction in the region’s oil and natural-gas production......»»

Category: topSource: marketwatchJul 12th, 2019

Futures Movers: Oil market’s post-OPEC rally fades on trade-pact uncertainty

Oil futures prices slip Tuesday, unable to extend the late-Monday gain that followed word of extended OPEC production cuts, with investors unable to completely shake demand worries tied to a vulnerable global economy and trade......»»

Category: topSource: marketwatchJul 2nd, 2019

What Does the OPEC Agreement Mean for Energy ETFs?

Energy ETFs rally on smaller-than-expected OPEC output boost deal. Oil prices may have seesa.....»»

Category: smallbizSource: nytJun 25th, 2018

Futures Movers: Oil prices rally as OPEC and Russia reach a deal to cut production

Oil prices rally Friday as members of the Organization of the Petroleum Exporting Countries and nonmember allies reach an agreement to curb production for six months, starting in January......»»

Category: topSource: marketwatchDec 7th, 2018

Futures Movers: Oil slips, can’t extend Friday’s OPEC-led price surge

Oil futures churn lower on Monday in a bout of consolidation after an announced OPEC-led production cut on Friday triggered a rally in prices for the session and the week......»»

Category: topSource: marketwatchDec 10th, 2018

Futures Movers: Oil declines, fails to extend Friday’s OPEC-led price surge

Oil futures move lower Monday in a bout of consolidation after an announced OPEC-led production cut on Friday triggered a rally in prices for the session and the week......»»

Category: topSource: marketwatchDec 10th, 2018

Futures Movers: Oil ends at a 1-week low after failing to extend Friday’s OPEC-led price surge

Oil futures settle at their lowest in roughly a week on Monday, in a bout of consolidation after an announced OPEC-led production cut on Friday triggered a rally in prices for the session and the week......»»

Category: topSource: marketwatchDec 10th, 2018

U.S. oil futures end at highest since 2019 as OPEC+ agrees to keep production cuts in place

Oil futures ended higher on Thursday, with U.S. prices at their highest since April 2019, FactSet data show. The Organization of the Petroleum Exporting Countries and its allies decided to keep its production cuts in place through April at its meeti.....»»

Category: topSource: marketwatchMar 4th, 2021

Futures Movers: Oil prices rally as U.S. output expected to see slow thaw from winter storms

Oil futures climb Monday to settle at their highest in more than a year, as traders look for a slow recovery in output following winter storms that knocked U.S. producers and refineries offline......»»

Category: topSource: marketwatchFeb 22nd, 2021

Futures Movers: Oil prices end lower on talk of potential OPEC+ output increase

Oil futures end lower on Thursday, as pressure from talk of a potential production increase by OPEC+ outweighed support from a fourth straight weekly decline in U.S. inventories......»»

Category: topSource: marketwatchFeb 18th, 2021

Futures Movers: Oil prices push to 1-year high ahead of OPEC+ meetings

Oil future rise Tuesday, chugging higher ahead of this week's meetings of major producers that aren't expected to result in any major changes in output levels......»»

Category: topSource: marketwatchFeb 2nd, 2021

Futures Movers: Oil prices get a boost from risks to global supplies

Oil futures finish higher Monday, lifted by supply concerns as Iraq reportedly plans to cut production and Libya sees disruptions to crude exports due to a pay dispute......»»

Category: topSource: marketwatchJan 25th, 2021

Futures Movers: U.S. oil prices climb by nearly 17% for the week as OPEC+ production cuts begin

U.S. oil futures finish higher on Friday to score a weekly gain as the market marks the official start date for production cuts under the recent agreement between major oil producers......»»

Category: topSource: marketwatchMay 1st, 2020

Futures Movers: U.S. oil prices on track for weekly gain as OPEC+ production cuts begin

U.S. oil futures traded higher on Friday, poised for a weekly gain as the market marks the official start date for production cuts under the recent agreement between major oil producers......»»

Category: topSource: marketwatchMay 1st, 2020

Futures Movers: Oil prices rebound from 21-year low; U.S. gasoline stocks fall less than expected

Oil trades sharply higher on Wednesday, rebounding from a drop to a 21-year low, as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»

Category: topSource: marketwatchApr 22nd, 2020