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Futures Movers: Oil tops $50 on optimism ahead of OPEC’s meeting

Crude-oil futures climb Friday, poised for back-to-back weekly gains, as investors express optimism about possible price-supportive outcomes from a closely watched OPEC meeting next week......»»

Category: topSource: marketwatchMay 19th, 2017

Futures Movers: Oil trades back above $50 on optimism ahead of OPEC’s meeting

Crude-oil futures trade sharply higher Friday, poised for back-to-back weekly gains, as investors express optimism about possible price-supportive outcomes from a closely watched OPEC meeting next week......»»

Category: topSource: marketwatchMay 19th, 2017

Futures Movers: Optimism ahead of OPEC meeting drives U.S. crude oil back above $50

It is widely expected an extension to the current pact to reduce oil output will occur at next week’s OPEC meeting. Energy officials from Saudi Arabia and Russia this week signaled they back a nine-month extension......»»

Category: topSource: marketwatchMay 19th, 2017

Futures Movers: Optimism ahead of OPEC meeting drives further gains for oil

It is widely expected an extension to the current pact to reduce oil output will occur at next week’s OPEC meeting. Energy officials from Saudi Arabia and Russia this week signaled they back a nine-month extension......»»

Category: topSource: marketwatchMay 19th, 2017

Futures Movers: Oil reverses some losses as investors get ready for OPEC meeting

Investors take their last position ahead of the OPEC meeting on Thursday, as oil recoups some losses following a pullback......»»

Category: topSource: marketwatchMay 25th, 2017

Futures Movers: Oil struggles for direction as traders weigh likelihood of 9-month output-cut extension

Ahead of this week’s OPEC meeting, a joint committee of OPEC and non-OPEC producers have recommended a nine-month extension the production-cut agreement that expires in June......»»

Category: topSource: marketwatchMay 24th, 2017

Futures Movers: Oil prices stall ahead of OPEC meeting

Ahead of this week’s OPEC meeting and a looming decision on output cuts by major producers, oil prices are rising. U.S. supply data is coming......»»

Category: topSource: marketwatchMay 24th, 2017

Futures Movers: Oil continues to gain ahead of OPEC meeting

Ahead of this week’s OPEC meeting and a looming decision on output cuts by major producers, oil prices are rising. U.S. supply data is coming......»»

Category: topSource: marketwatchMay 24th, 2017

Futures Movers: Oil ends above $50 for the first time in a month

Crude-oil futures settle Friday at their highest level in a month, scoring a more than 5% weekly gain as investors express optimism about possible price-supportive outcomes from a closely watched OPEC meeting next week......»»

Category: topSource: marketwatchMay 19th, 2017

Futures Movers: Oil notches second straight gain as focus shifts to OPEC meeting

Oil prices settle slightly higher on Thursday, adding to the previous session’s advance on upbeat U.S. inventory data, but the commodity is still expected to face a bumpy ride in coming days ahead of an important OPEC meeting in Vienna......»»

Category: topSource: marketwatchMay 18th, 2017

Futures Movers: Oil prices step back as focus turns to OPEC meeting

Investors are trimming their bets ahead of next week’s meeting of the Organization of the Petroleum Exporting Countries......»»

Category: topSource: marketwatchMay 18th, 2017

Futures Movers: Oil futures jump ahead of non-OPEC weekend meeting

Oil futures move higher again on Friday as traders looked ahead to a key weekend meeting between OPEC and non-OPEC countries about whether or not to cut oil production......»»

Category: topSource: marketwatchDec 9th, 2016

Futures Movers: Crude remains jittery after Saudis back out of Russia meeting

News that Saudi Arabia won’t attend a sideline meeting with Russia ahead of Monday’s OPEC summit continued to hit oil prices on Monday. One analyst warned $30-a-barrel oil was possible if no deal is reached......»»

Category: topSource: marketwatchNov 28th, 2016

Futures Movers: Crude remains under pressure after Saudis back out of Russia meeting

News that Saudi Arabia won’t attend a sideline meeting with Russia ahead of Monday’s OPEC summit continued to hit oil prices on Monday. One analyst warned $30-a-barrel oil was possible if no deal is reached......»»

Category: topSource: marketwatchNov 28th, 2016

Futures Movers: Oil prices waver as traders weigh supply decline, rig count rise and OPEC

Oil futures seesaw between losses and gains, finding some support from the first weekly decline in U.S. crude supplies in a month, but traders remain wary as data show another weekly rise in active domestic oil-drilling rigs a week ahead of a key meeting .....»»

Category: topSource: marketwatchNov 23rd, 2016

Futures Movers: Oil prices pull back as investors await developments ahead of OPEC meeting

Oil prices paused from a recent push higher as investors reassess the chances of a deal at the OPEC meeting. Separately, crude could move later on updated U.S. inventory data from the Energy Information Administration.....»»

Category: topSource: marketwatchNov 23rd, 2016

Futures Movers: Oil at 3-week high as Russia’s Putin feeds expectations for OPEC output deal

The weekend brings a renewed push by members of OPEC to resolve differences ahead of the Nov. 30 meeting in Vienna, as Vladimir Putin, president on-OPEC Russia, voices willingness to freeze output......»»

Category: topSource: marketwatchNov 21st, 2016

Futures Movers: Oil rallies on OPEC production-cut hopes, Putin’s ‘freeze’ comments

The weekend brought a renewed push by members of OPEC to resolve differences ahead of the Nov. 30 meeting in Vienna, plus comments from Russia President Vladimir Putin......»»

Category: topSource: marketwatchNov 21st, 2016

Futures Movers: Oil rallies on OPEC deal hopes, Putin comments

The weekend saw a renewed push by members of the OPEC to resolve differences ahead of the Nov. 30 meeting in Vienna, plus comments from Russia President Vladimir Putin......»»

Category: topSource: marketwatchNov 21st, 2016

Futures Movers: Oil prices snap back after three sessions of losses

Investors are jockeying for position ahead of the end-November OPEC meeting, with oil prices snapping back after a string of losses......»»

Category: topSource: marketwatchNov 15th, 2016

Futures Movers: Oil prices hold steady ahead of weekend OPEC meeting

Oil prices got a boost in late September when the Organization of the Petroleum Exporting Countries agreed that group production needed to be scaled back in order to improve prices......»»

Category: topSource: marketwatchOct 28th, 2016