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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 settle lower, even as Saudi Arabia announces additional June output cut

Oil futures end lower on Monday, as a slump in demand for crude outweighed support from a move by Saudi Arabia to further cut production in June......»»

Category: topSource: marketwatchMay 11th, 2020

Futures Movers: Oil prices fail to find support, even as Saudi Arabia announces additional June output cut

Oil futures trade lower on Monday, as a slump in demand for crude outweighed support from a move by Saudi Arabia to further cut production in June......»»

Category: topSource: marketwatchMay 11th, 2020

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: Crude prices turn lower as Goldman Sachs sees downside risks to oil after historic deal to cut output

Crude prices fell Monday, a day after major oil producers reached a historic agreement to cut oil production, ending a damaging price war between Saudi Arabia and Russia......»»

Category: topSource: marketwatchApr 13th, 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

A Peek Into The Markets: US Stock Futures Signal Lower Start On Wall Street

Pre-open movers U.S. stock futures traded lower in early pre-market trade. Data on personal income and consumer spending for February will be released at 8:30 a.m. ET. The University of Michigan's consumer sentiment for March is s.....»»

Category: earningsSource: benzingaMar 27th, 2020

Futures Movers: Oil retreats as supply fears outweigh U.S. stimulus package

Oil futures trade lower Wednesday, with worries about growing supply amid a price war between Saudi Arabia and Russia outweighing support from an agreement on a $2 trillion U.S. stimulus program......»»

Category: topSource: marketwatchMar 25th, 2020

A Peek Into The Markets: US Stock Futures Down; WTI Crude Oil Rises Over 10%

Pre-open movers U.S. stock futures traded lower in early pre-market trade. The European Central Bank announced a €750 billion ($820 billion) stimulus package. Data on initial jobless claims for the latest week, the Phil.....»»

Category: earningsSource: benzingaMar 19th, 2020

Oil futures end lower as U.S. supplies rise a 7th straight week, Saudi Arabia, UAE plan to lift output

Oil futures settled lower on Wednesday, with U.S. prices down 4% after U.S. government data revealed a seventh straight weekly increase in domestic crude supplies and as Saudi Arabia and.....»»

Category: topSource: marketwatchMar 11th, 2020

A Peek Into The Markets: US Stock Futures Plunge Amid Coronavirus Fears

Pre-open movers U.S. stock futures traded lower in early pre-market trade. South Korea confirmed 256 new coronavirus cases on Thursday, while China reported an additional 327 new cases. Data on U.S. international trade in goods for .....»»

Category: earningsSource: benzingaFeb 28th, 2020

Futures Movers: Oil prices slide as investors fret about OPEC+’s tolerance for deeper supply cuts

Oil futures trade sharply lower Tuesday as concerns about the coronavirus and its impact to demand resurfaces, fueling a broader aversion to assets considered risky on Wall Street......»»

Category: topSource: marketwatchFeb 18th, 2020

Futures Movers: Oil up a 3rd straight session as traders eye coronavirus and OPEC output update

Oil futures end higher Thursday, extending their streak of gains to a third straight session, as the potential for OPEC+ output cuts fuel optimism, despite a rise in the number of COVID-19 cases in China and lower forecasts for oil demand growth......»»

Category: topSource: marketwatchFeb 13th, 2020

Futures Movers: Oil heads higher for a third straight session as traders eye coronavirus news and await OPEC’s next move

Oil futures inch higher Thursday, poised to extend their streak of gains to a third straight session, as the potential for OPEC+ output cuts fuel optimism, despite a rise in the number of COVID-19 cases in China and lower forecasts for oil demand growth......»»

Category: topSource: marketwatchFeb 13th, 2020

Futures Movers: Oil prices retreat as upbeat U.S. jobs data fail to offset coronavirus-led concerns over the global economy

Oil futures head lower Friday, as strong growth in U.S. employment failed to offset concerns over the global economy fed by the spread of the coronavirus......»»

Category: topSource: marketwatchFeb 7th, 2020

Futures Movers: Oil prices retreat as Russia’s energy minister sketches out expected hit from coronavirus

Oil futures head lower Friday as investors await more clarity on Russia’s stance on discussions centered on deepening global output cuts to help respond to the novel coronavirus outbreak in China......»»

Category: topSource: marketwatchFeb 7th, 2020

Futures Movers: Oil prices fall as EIA reports the biggest weekly U.S. crude-supply climb since November

Oil futures decline on Wednesday as U.S. government data reveal that domestic crude inventories posted a bigger-than-expected weekly climb—their largest since November......»»

Category: topSource: marketwatchJan 29th, 2020

A Peek Into The Markets: US Stock Futures Down; Dow Futures Tumble Over 400 Points

Pre-open movers U.S. stock futures traded lower in early pre-market trade, ahead of earnings from several companies. Data on new home sales for December will be released at 10:00 a.m. ET, while the D.....»»

Category: earningsSource: benzingaJan 27th, 2020

Futures Movers: Crude prices slide on worries about oversupply, China virus fallout

Oil prices are under pressure Thursday as investors await supply data and watch for updates on China’s growing coronavirus outbreak......»»

Category: topSource: marketwatchJan 23rd, 2020

Futures Movers: Oil settles lower as worry about oversupply overshadows Middle East disruption

Crude-oil prices finish lower on Tuesday as investors appear to shake off worries of supply disruptions due to unrest in Libya and Iraq......»»

Category: topSource: marketwatchJan 21st, 2020