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Oil eases as demand worries overshadow OPEC deal to deepen supply cuts
Oil prices edged lower on Thursday as the coronavirus epidemic showed no signs of slowing, with deaths mounting globally, but losses were limited as major producers agreed on deeper output cuts to bolster prices......»»
Oil pares fifth weekly loss on OPEC+ plan despite signs of glut
Oil pared its fifth straight weekly loss on optimism that OPEC+ will deepen output cuts, even as crude’s market structure signaled increasing over-supply amid a virus-driven hit to global demand......»»
Oil rises to 3-month high after Trump approves trade deal
Oil rose to the highest level in almost three months after U.S. President Donald Trump signed off on a partial trade deal with China, aiding the global demand outlook after OPEC+ agreed to deepen supply cuts......»»
Futures Movers: Oil ends sharply higher as data show first weekly crude U.S. supply decline in 6 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......»»
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......»»
Oil gains amid push by Saudi Arabia for further supply cuts
Oil prices rose on Tuesday, as OPEC and its allies discuss whether to deepen a supply cut pact ahead of meetings this week, although prospects after Saudi Arabia's planned listing of Aramco fuelled uncertainty for traders, limiting gains......»»
Oil futures edge up on talk of further OPEC+ supply curbs
Oil futures gained about 1% on Monday on hints the Organization of the Petroleum Exporting Countries (OPEC) and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand......»»
Oil futures rise on talk of further OPEC+ supply curbs
Oil futures gained over 1% on Monday on hints the Organization of the Petroleum Exporting Countries (OPEC) and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand......»»
Oil jumps above $61 on talk of further OPEC+ supply curbs
Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand......»»
Oil jumps amid hopes for further OPEC cuts, China factory growth
Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»
Oil rises over 1% on hopes for deeper OPEC cuts, Chinese factory growth
Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»
Oil jumps on Chinese factory growth, hopes for deeper OPEC cuts
Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»
OPEC, allies to mull deeper oil cut amid worries over demand growth
OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak demand growth in 2020, sources from the oil-producing club said......»»
Oil prices steady on extended supply cuts, U.S. stocks draw
Oil prices edged higher on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand......»»
Oil falls over 2% on weaker demand growth, gain in U.S. crude stocks
Oil prices fell more than 2% on Wednesday, weighed down by a weaker demand outlook and a rise in U.S. crude inventories despite expectations of extended supply cuts led by OPEC. David Pollard reports......»»
Oil prices rise on lower U.S. stocks, OPEC+ supply cuts
Oil prices rose slightly on Thursday, boosted by a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran......»»
Oil prices slip, but ongoing supply cuts support
Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected reduction in gasoline stocks and ongoing OPEC-led supply cuts......»»
Oil hits 2019 high on OPEC cuts, concerns over demand ease
Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, and as the market became less worried that demand may slow......»»
4 Energy Stocks to Buy as Oil Prices Breach $60 to 2019 High
Oil prices rose 30% during the first quarter of 2019, underpinned mainly by OPEC+ supply cuts, and U.S. sanctions against Ve.....»»
Oil rises as Saudi deepens OPEC supply cuts, but U.S. surge caps gains
Oil prices rose on Tuesday, as OPEC's de facto leader Saudi Arabia appeared to deepen the group's supply cuts aimed at tightening markets, although gains were capped by the ongoing surge in U.S. supply and worries over the global economy......»»