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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 lower, books 3rd weekly drop in a row as traders await OPEC summit

Oil prices settle lower Friday and register a slight weekly decline as energy investors weigh potential outcomes for a meeting of major oil producers later this month......»»

Category: topSource: marketwatchJun 8th, 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 prices finish lower as traders sort through talk ahead of an expected OPEC output cut

Oil prices finish lower on Wednesday, giving back earlier gains as global traders awaited clarity on a possible, but far-from-assured, output cut by major producers gathering in Vienna......»»

Category: topSource: marketwatchDec 5th, 2018

Futures Movers: Oil prices rise as traders mull demand cues, supply prospects

Oil futures move higher on Monday as traders mull the latest signals for the crude demand outlook as well as prospects for global supplies......»»

Category: topSource: marketwatchApr 19th, 2021

Futures Movers: Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices head lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline in crude inventories, and a bigger-than-expected climb in gasoline inventories......»»

Category: topSource: marketwatchApr 7th, 2021

Oil futures settle higher, buoyed by bets that OPEC+ cuts will tighten global supplies

Oil futures climbed .....»»

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: 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 marks first decline in 4 sessions as fears of demand crunch grow

Oil futures settle lower on Thursday as growing worries around the decline in energy demand from the global COVID-19 pandemic prompted prices to mark their first decline in four sessions......»»

Category: topSource: marketwatchMar 26th, 2020

Futures Movers: Oil sees biggest daily gain of 2020 as traders hope for OPEC cuts this week

Oil prices settle more than 4% higher on Monday,—the biggest daily percentage climb of the year so far—as investors grow increasingly optimistic that the Organization of the Petroleum Exporting Countries will announce production cuts later this week......»»

Category: topSource: marketwatchMar 2nd, 2020

Futures Movers: Oil prices drift slightly lower as investors weigh OPEC monthly report and API data

Oil futures bounce between gains and losses on Wednesday, but were mostly lower, as investors digest a monthly report from OPEC that forecasts increased global demand and a weekly report that showed a climb in U.S. inventories......»»

Category: topSource: marketwatchJan 15th, 2020

Futures Movers: Oil prices pulls back from multimonth high as traders assess Mideast conflict

Oil prices on Monday head lower, retreating from multimonth gains as fears of an immediate response to the U.S. killing an Iranian general last that could disrupt Middle East crude supplies subsided......»»

Category: topSource: marketwatchJan 7th, 2020

Oil futures settle sharply higher as U.S. crude supplies drop, traders await OPEC output decision

Oil futures settled sharply higher on Wednesday, with U.S. prices at their highest finish in.....»»

Category: topSource: marketwatchDec 4th, 2019

Futures Movers: Oil gains on trade-talk optimism, hopes for OPEC extension and forecasts for lower U.S. production

Oil prices edged higher Tuesday amid hopes that trade talks between China and the U.S. will ultimately result in a deal that sustains global economic growth and energy demand while OPEC restrains production......»»

Category: topSource: marketwatchNov 26th, 2019

Futures Movers: Oil prices finish lower as traders weigh forecasts for domestic crude supplies

U.S. oil futures finish lower on Tuesday, but off the session’s worst levels, as traders weigh forecasts for a weekly rise in domestic crude supplies......»»

Category: topSource: marketwatchOct 29th, 2019

Futures Movers: U.S. oil set for 3rd straight loss as OPEC+ unlikely to discuss deeper production cuts

Oil futures on Thursday head lower after IEA report showed a rise to global supplies, and as an OPEC+ meeting in Abu Dhabi failed to yield a discussion on deeper cuts to production limits that are already in place......»»

Category: topSource: marketwatchSep 12th, 2019

Futures Movers: U.S. oil prices fall as weaker demand outlook outweighs support from 4th-weekly drop in U.S. supplies

U.S. oil futures edge lower Wednesday, pressured by a weaker demand outlook from OPEC, despite a fourth straight weekly decline in U.S. crude supplies......»»

Category: topSource: marketwatchSep 11th, 2019

Futures Movers: Oil prices settle higher for the day and the week

Oil futures finish higher on Friday, contributing to gain for the week, as traders weigh concerns over weakening demand against supply uncertainties linked to the Middle East and OPEC production......»»

Category: topSource: marketwatchAug 16th, 2019

Futures Movers: Oil prices retreat after their recent rally, even as U.S. crude supplies post first decline in 3 weeks

Oil futures settle modestly lower on Wednesday, giving up gains seen in wake of U.S. government data showing larger-than-expected drawdown in crude stockpiles, the first in three weeks......»»

Category: topSource: marketwatchJun 19th, 2019