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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 posts hefty loss for the week 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: U.S. oil tumbles nearly 7% as pressure builds on OPEC to cut output

Crude-oil prices plunge in early Friday trade in New York, with the contract headed for a seventh-straight weekly fall as investors increasingly focused on a coming OPEC meeting......»»

Category: topSource: marketwatchNov 23rd, 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 prices get a lift from China data as OPEC report suggests an uptick in demand

Crude-oil futures trade higher on Tuesday after a report on Chinese international trade provided further evidence that an economic rebound was taking hold in one of the biggest importers of crude and global commodities......»»

Category: topSource: marketwatchApr 13th, 2021

Futures Movers: Oil prices get a lift from China data as OPEC report points to demand pickup

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Category: topSource: marketwatchApr 13th, 2021

Futures Movers: Oil prices settle lower as Suez Canal reopens; focus shifts to OPEC+

Oil futures settled lower on Tuesday, as ships resumed moving through the Suez Canal and traders turn their attention to a meeting of the Organization of the Petroleum Exporting Countries and its allies this week......»»

Category: topSource: marketwatchMar 30th, 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 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 finish lower as worries about demand resurface

Crude-oil futures give up earlier gains on Thursday, with downbeat comments from Federal Reserve officials on economic activity and some doubts over producer compliance with OPEC+ output-cut agreement prompting prices to settle lower......»»

Category: topSource: marketwatchMay 7th, 2020

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 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: U.S. oil prices jump 9% as key OPEC+ production conference set to get under way

Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia......»»

Category: topSource: marketwatchApr 9th, 2020

Futures Movers: Oil prices climb as key OPEC+ production conference set to get under way

Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia......»»

Category: topSource: marketwatchApr 9th, 2020

Futures Movers: Oil prices finish higher as U.S. output declines ahead of potential OPEC+ production cuts

Oil prices finish higher Wednesday, buoyed by a weekly decline in U.S. crude production, as investors grow hopeful that major oil producers will agree to output cuts this week......»»

Category: topSource: marketwatchApr 8th, 2020

Futures Movers: Oil prices climb as U.S. output declines ahead of potential OPEC+ production cuts

Oil prices head higher Wednesday, buoyed by a weekly decline in U.S. crude production, as investors grow hopeful that major oil producers will agree to output cuts this week......»»

Category: topSource: marketwatchApr 8th, 2020

Futures Movers: Plunge in global crude demand sends oil prices down for a 5th straight week

Oil futures finish lower on Friday,with a huge drop in demand as result of the global COVID-19 pandemic sending prices down for a fifth week in a row......»»

Category: topSource: marketwatchMar 27th, 2020