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Futures Movers: Oil surges more than 2% as OPEC report shows big output drop

U.S. crude futures climb Tuesday after a monthly OPEC report shows that members of the cartel substantially reduced production in January......»»

Category: topSource: marketwatchFeb 12th, 2019

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 prices jump higher as IEA raises demand outlook

Oil futures on Wednesday trade sharply higher as the International Energy Agency's monthly report lifted its demand outlook for crude and as a U.S. report on inventories showed a drop in weekly stockpiles......»»

Category: topSource: marketwatchApr 14th, 2021

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

Futures fo.....»»

Category: topSource: marketwatchApr 13th, 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: 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 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

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 settles over 2% higher on signs OPEC+ has stuck close to its output-cut pledge

Oil futures gain ground Monday, settling up by more than 2%, buoyed in part by surveys indicating that the Organization of the Petroleum Exporting Countries and their allies are sticking closely to their pledge on output curbs......»»

Category: topSource: marketwatchFeb 1st, 2021

Futures Movers: U.S. oil price holds slight gain after data confirms drop in crude inventories

Oil futures trade mixed, with the U.S. benchmark gaining ground after government data shows a drop in crude inventories......»»

Category: topSource: marketwatchJan 13th, 2021

Futures Movers: Oil posts a third straight gain as U.S. crude supply drop, Saudi output cut provide tailwind

Oil futures rise Thursday to post a third straight gain, buoyed byrecent data showed a larger-than-expected weekly drop in U.S. crude inventories......»»

Category: topSource: marketwatchJan 7th, 2021

Futures Movers: Oil drifts lower ahead of OPEC+ decision on output curbs

Oil futures edge lower to kick off 2021 as traders await an OPEC+ meeting that will see major producers decide whether to further relax output curbs that helped oil finish last year on a strong note......»»

Category: topSource: marketwatchJan 4th, 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: 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: Oil ends lower as EIA cuts price forecasts and traders weigh prospects for a global output cut

Oil futures give up earlier gains on Tuesday to settle lower, pressured after a U.S. government report lowered its price forecasts for this year and next and as traders weighed prospects for a global output cut when major producers meet later this week......»»

Category: topSource: marketwatchApr 7th, 2020

Futures Movers: Oil falls nearly 25%, posts biggest 1-day loss since 1991 on fears of crude price war

Oil futures plunge Monday, suffering the biggest one-day percentage price drop since 1991, as OPEC and Russia appear headed for an all-out price war — shaking a market already reeling from the demand shock created by global spread of COVID-19......»»

Category: topSource: marketwatchMar 9th, 2020