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Futures Movers: Oil rallies as U.S. government reports the first weekly domestic crude supply decline in six weeks

Oil futures rally Wednesday, buoyed by industry data showing a large drop in U.S. crude oil inventories as traders await a meeting of OPEC producers and their allies as expectations grow for an agreement to extend and deepen output cuts......»»

Category: topSource: marketwatchDec 4th, 2019

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 climb amid signs of strain ahead of OPEC meeting

Oil prices rose sharply on Friday, notably the international benchmark Brent crude, over Iran’s opposition to an output-increase deal as major producers meet in Vienna......»»

Category: topSource: marketwatchJun 22nd, 2018

Oil futures end higher as OPEC+ keeps its plan to slowly raise output

Oil futures ended higher on Tuesday after the Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, held their meeting a day earlier than s.....»»

Category: topSource: marketwatchApr 27th, 2021

Oil futures remain higher as reports say OPEC+ will cancel Wednesday meeting

Oil futures continued to trade higher on Tuesday after reports said that the Organ.....»»

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 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 futures settle lower, but U.S. benchmark logs a monthly gain of nearly 18%

Oil futures settle sharply lower Friday, with the U.S. benchmark pulling back from a 22-month high, as a stronger dollar and jitters ahead of next week's OPEC+ meeting inspire a round of apparent profit-taking......»»

Category: topSource: marketwatchFeb 26th, 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

Oil ends lower as OPEC+ meeting on output to reconvene Tuesday

Oil futures ende.....»»

Category: topSource: marketwatchJan 4th, 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 rise as key OPEC+ production conference gets under way

Oil futures climb on Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is expected to lead to an agreement to cut global crude production and end a price war between Russia and Saudi Arabia......»»

Category: topSource: marketwatchApr 9th, 2020

Futures dip ahead of weekly jobless claims, OPEC+ meeting

U.S. stock index futures edged lower on Thursday as investors braced for another staggering weekly jobless claims number, while oil prices rose on hopes of sweeping production cuts......»»

Category: topSource: reutersApr 9th, 2020

Futures Movers: U.S. oil prices jump 9% as key OPEC+ production conference set to get under way

Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia......»»

Category: topSource: marketwatchApr 9th, 2020

Futures Movers: Oil prices climb as key OPEC+ production conference set to get under way

Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia......»»

Category: topSource: marketwatchApr 9th, 2020

Crude futures climb ahead of OPEC+ meeting

Crude futures rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with the coronavirus-driven collapse in global oil demand......»»

Category: topSource: reutersApr 8th, 2020

U.S. crude futures up 5% ahead of OPEC+ meeting

U.S. crude futures rose as much as 6% in early trade on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as global oil demand has collapsed amid the coronavirus pandemic......»»

Category: topSource: reutersApr 8th, 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

Oil futures settle higher as traders expect OPEC+ to cut production

Oil futures settled higher on Wednesday, a day ahead of a meeting of major oil producers that's expected to produce an agreement to cut global crude production. May West Texas Intermediate oil rose $1.46, or.....»»

Category: topSource: marketwatchApr 8th, 2020

Oil futures pare gains after U.S. inventories surge most on record

Oil prices pulled back Wednesday, with benchmark Brent turning negative as U.S. crude inventories surged the most on record, but the pullback was muted by hopes that a meeting between OPEC and allied producers on Thursday will trigger output cuts......»»

Category: topSource: reutersApr 8th, 2020