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Oil prices inch up on Saudi output cut

OPEC expects world oil demand to grow by 1.43 million bpd in 2019, down from 2018......»»

Category: topSource: foxnewsAug 14th, 2018

Oil gains over 1 percent as Saudi stands by OPEC output cuts

Oil prices rose more than 1 percent on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June......»»

Category: topSource: reutersMar 11th, 2019

Oil gains 1 percent as Saudi minister stands by OPEC output cuts

Oil prices rose 1 percent on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June......»»

Category: topSource: reutersMar 11th, 2019

Oppenheimer Expects 2U To Post Share Gains, Strong Revenue In 2019

Education technology company 2U Inc (NASDAQ: TWOU) reported solid fourth-quarter results Monday and announced healthy first-quarter guidance. The company is well-positioned for strong revenue grow.....»»

Category: earningsSource: benzingaFeb 26th, 2019

Oil settles 1 percent higher on hopes of market rebalance, trade deal

Crude prices rose more than 1 percent on Wednesday to their highest level this year on hopes that oil markets will balance later this year, helped by output cuts from top producers as well as U.S. sanctions on OPEC members Iran and Venezuela......»»

Category: topSource: reutersFeb 20th, 2019

Oil rises 2 percent on hopes of market rebalance, trade deal

Crude prices rose nearly 2 percent on Wednesday, with Brent hitting its highest this year, on hopes that oil markets will balance later this year, helped by output cuts from top producers as well as U.S. sanctions on OPEC members Iran and Venezuela......»»

Category: topSource: reutersFeb 20th, 2019

Oil gains 1 percent after Saudi Arabia pledges more output cuts

Oil prices rose more than 1 percent on Tuesday after OPEC figures showed it cut production sharply in January, and as lead member Saudi Arabia said it would reduce its output in March by an additional 500,000 barrels......»»

Category: topSource: reutersFeb 12th, 2019

Oil gains 2 percent as Saudi Arabia readies more supply cuts

Oil prices were up more than 2 percent on Tuesday on steep OPEC production cuts, with its de-facto leader Saudi Arabia planning to drop March crude output by more than a half a million barrels per day below its initial pledge......»»

Category: topSource: reutersFeb 12th, 2019

Futures Movers: Oil surges more than 2% as OPEC report shows big output drop

U.S. crude futures climb Tuesday after a monthly OPEC report shows that members of the cartel substantially reduced production in January......»»

Category: topSource: marketwatchFeb 12th, 2019

Futures Movers: U.S. oil dips but Brent gains as survey shows OPEC cut output by the most in 2 years

Oil contracts see mixed trading Friday, amid a fresh survey showing a considerable drop in OPEC production......»»

Category: topSource: marketwatchFeb 1st, 2019

U.S. crude gains, slowing global economy challenge oil market in 2019: IEA

U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure in 2019, challenging OPEC's resolve to support the market with output cuts, the International Energy Agency said on Friday......»»

Category: topSource: reutersJan 18th, 2019

Oil slides on increased US output and US-China trade fears

OPEC and non-members plan to cut production by a joint 1.2 million bpd this year......»»

Category: topSource: foxnewsJan 17th, 2019

OPEC oil output drops in December as producers got a jump on pledged cuts

Oil production by OPEC fell in December as members appear to get a jump on their pledge and that of close non-cartel producers to cut daily output beginning in January......»»

Category: topSource: marketwatchJan 17th, 2019

OPEC members to cut output by 800,000 barrels a day starting in January

The Organization of the Petroleum Exporting Countries announced Friday that it will reduce overall production among its members.....»»

Category: topSource: marketwatchDec 7th, 2018

OPEC reached a preliminary pact in Vienna to cut oil output, but specific volumes yet to be decided: report

Members of the Organization o.....»»

Category: topSource: marketwatchDec 6th, 2018

Commodities Corner: OPEC delays output-cut decision, raising fears that oil producers won’t strike a deal

Members of the O.....»»

Category: topSource: marketwatchDec 6th, 2018

Oil Slides After OPEC Delays Decision on Level of Output Cuts

OPEC members on agreed to production curbs but will wait to hear from Russia before making a final decision on the exact amount the cartel would cut to address falling oil prices......»»

Category: topSource: wsjDec 6th, 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

Oil rises before OPEC meeting, gains capped by oversupply concerns

Oil rose on Wednesday ahead of a meeting of the world's biggest exporters who will discuss cutting output to help shore up prices and curb excess supply......»»

Category: topSource: reutersDec 5th, 2018

Saudi-Russia Ties Raise Concerns Among OPEC Members

Members of the Organization of the Petroleum Exporting Countries are bristling at the close ties between Saudi Arabia and Russia as the group looks to cut output to offset falling crude prices......»»

Category: topSource: wsjDec 5th, 2018