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Futures Movers: Oil wavers on global demand concerns, despite signs of a slowdown in U.S. shale output

Oil futures make modest moves on Wednesday following a sharp retreat a day earlier, finding support after data suggested a slowdown in U.S. shale production, but also pressured by ongoing worries about global crude demand......»»

Category: topSource: marketwatchJan 23rd, 2019

Futures Movers: Oil declines on signs of progress in restoring Saudi output, worries over global demand

Oil futures decline Tuesday, under pressure as traders see signs that Saudi Arabia is making progress in restoring production following attacks on processing facilities as well as concerns over the global demand picture......»»

Category: topSource: marketwatchSep 24th, 2019

Futures Movers: Oil weaker on signs of progress in restoring Saudi output, worries over global demand

Oil futures pull back Tuesday, under pressure as traders see signs that Saudi Arabia is making progress in restoring production following attacks on processing facilities as well as concerns over the global demand picture......»»

Category: topSource: marketwatchSep 24th, 2019

Futures Movers: Oil prices stick near 17-month lows but struggle for direction in holiday-abbreviated session

Crude-oil futures on Monday trade little changed after finishing last week at a 17-month low, amid concerns about global crude output and fears of a global economic slowdown that may erode demand......»»

Category: topSource: marketwatchDec 24th, 2018

Futures Movers: U.S. oil prices sink more than 2% in holiday-abbreviated session

Crude-oil futures on Monday extend a tumble toward fresh monthly lows, amid persistent concerns about global crude output and fears of an economic slowdown internationally that may erode demand......»»

Category: topSource: marketwatchDec 24th, 2018

Futures Movers: U.S. oil tumbles 6.7% to a 17-month low in holiday-shortened day

Crude-oil futures settle sharply lower Monday amid nagging concerns about global crude output and fears of an economic slowdown internationally that may erode demand......»»

Category: topSource: marketwatchDec 24th, 2018

Futures Movers: Oil wavers as traders weigh support from an inventory decline against pressure from demand worries

Oil futures were marginally lower Thursday as traders weighed support from a bigger-than-expected drop in U.S. crude supplies this week against concerns over a slowdown in energy demand......»»

Category: topSource: marketwatchJan 28th, 2021

Futures Movers: Oil futures end at their lowest in over a week

Oil futures settled lower Tuesday, pressured by signs that Saudi Arabia is making progress in restoring production following attacks on processing facilities, as well as concerns over the global demand picture......»»

Category: topSource: marketwatchSep 24th, 2019

Futures Movers: Oil falls after Trump calls on OPEC to lift output; global growth concerns persist

Oil futures fall Thursday as U.S. President Donald Trump called on OPEC to lift output, domestic supply data surprised with a gain, and global growth concerns fed uncertainty over energy demand......»»

Category: topSource: marketwatchMar 28th, 2019

Futures Movers: Oil ticks higher even as signs point to another U.S. supply build

Oil markets manage slim gains on Wednesday, in the middle of a choppy week for trading, as investors continued to weigh signs of reduced global supplies against fading concerns that slowing economic growth that could sap oil demand......»»

Category: topSource: marketwatchMar 27th, 2019

Futures Movers: U.S. oil slips as market weighs growing global demand against rising shale output

Crude-oil prices trade mixed on Wednesday, with a decline for the U.S. contract threatening to end a two-day uptrend as investors assess data signaling growing global appetite for crude against evidence of a pickup in OPEC production......»»

Category: topSource: marketwatchJun 13th, 2018

Futures Movers: Oil prices find little relief as demand worries outweigh Iran supply challenges

Oil futures head lower on Monday, pressured as losses in the Chinese stock market feed concerns over a potential slowdown in energy demand, even as U.S. sanctions on Iranian oil are expected to tighten global supplies......»»

Category: topSource: marketwatchOct 29th, 2018

Futures Movers: Oil falls as U.S. output climbs and energy demand concerns linger

Oil futures decline Thursday, pressured by recent data showing a weekly climb in U.S. crude production, as concerns over a slowdown in energy demand from China linger......»»

Category: topSource: marketwatchJan 17th, 2019

Futures Movers: Oil prices end higher as domestic crude supplies rise less than expected

Oil futures end higher on Wednesday after weekly U.S. government data reveal smaller-than-expected increases in domestic crude and gasoline supplies, but concerns surrounding a potential slowdown in global energy demand limit the price gains......»»

Category: topSource: marketwatchFeb 6th, 2019

Futures Movers: Oil ends higher on signs of a brighter global demand outlook

Oil futures finish higher Monday, buoyed by signs of a brighter global demand outlook, even as India, the world's third-largest oil consumer, continues to suffer from record COVID-19 cases......»»

Category: topSource: marketwatchMay 3rd, 2021

Futures Movers: Oil moves up on signs of a brighter global demand outlook

Oil futures shift higher Monday, buoyed by signs of a brighter global demand outlook, even as India, the world's third-largest oil consumer, continues to suffer from record COVID-19 cases......»»

Category: topSource: marketwatchMay 3rd, 2021

Oil futures finish higher on supply concerns

Oil futures finished higher on Monday, buoyed by signs of an upcoming decline in global supplies. Fears that demand for energy "will slip because of extra and tougher [COVID-19] restrictions are being balanced out by supply issues," said David Mad.....»»

Category: topSource: marketwatchJan 25th, 2021

Commodities Corner: Sinking oil demand, drop in prices put U.S. fracking activity on track for a record monthly decline: report

Signs of a further drop in U.S. crude-oil production are everywhere, from a slowdown in fracking activity and sharp weekly declines in the active oil-rig count, to expectations of a May decline for all seven major shale-oil output regions......»»

Category: topSource: marketwatchApr 23rd, 2020

Futures Movers: Oil prices climb as investors see slowdown in new coronavirus cases

Oil futures climb, with traders tying support to a slowdown in the number of new coronavirus cases in China, though worries about the impact of outbreak on crude demand continue to overhang the market as OPEC and its allies weigh an additional output cut......»»

Category: topSource: marketwatchFeb 11th, 2020

Oil prices flat; OPEC+ mulls supply cut as virus hits demand

Oil futures gave up early gains on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate fallout from the coronavirus outbreak that has amplified concerns about weakened global oil demand......»»

Category: topSource: reutersFeb 6th, 2020

Commodities Corner: Demand concerns weigh on oil prices despite OPEC+ move to cut more output

Concerns about a slowdown in global oil demand are a key to why oil prices stayed in check Friday, despite a decision by major oil producers to cut additional barrels from their production quotas in January......»»

Category: topSource: marketwatchDec 6th, 2019