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Oil climbed on Wednesday, reversing most of the prior session's losses, as investors pinned hopes on a Thursday meeting where OPEC members and allied producers will discuss output cuts to shore up prices that have tumbled amid the coronavirus pandemic......»»

There needs to be an agreement on oil production numbers before any future meeting between OPEC and non-OPEC members, Iran's Oil Minister Bijan Zanganeh tweeted on Tuesday......»»

Crude oil prices have crashed by as much as 63 percent since March 9, when Saudi Arabia slashed prices for its customers and lowered production in response to Russia's refusal to join OPEC in deepening output cuts......»»

Oil prices climbed for a second day on Wednesday as hopes U.S. producers would cut output lent support, but gains were capped by growing doubts about Washington's stimulus package to fight the coronavirus, which continues to spread globally......»»

As coronavirus concerns lead to a slowdown in global oil consumption, OPEC members agreed to further caps in output, but only if Russia goes along. Moscow has been cool to the idea......»»

As coronavirus concerns lead to a slowdown in global oil consumption, OPEC members agreed to further caps in output, but only if Russia goes along. Moscow has been cool to the idea......»»

As coronavirus concerns lead to a slowdown in global oil consumption, OPEC members agreed to further caps in output, but only if Russia goes along. Moscow has been cool to the idea......»»

U.S. oil futures climb on Wednesday, but trade well off the day’s highs as oil producers appear to st.....»»

Crude oil prices were mixed, giving up early gains despite expectations that major producers were closing in on an agreement to cut supply aimed at offsetting a slump in demand caused by the coronavirus outbreak......»»

Brent oil prices steadied on Wednesday, paring early gains as markets assessed whether deeper output cuts by major producers would be enough to offset the impact of the coronavirus outbreak......»»

Oil prices extended gains on Tuesday on expectations that central banks will provide financial stimulus to offset the impact of the coronavirus outbreak and on growing optimism that OPEC will order deeper output cuts this week......»»

Oil prices extended gains on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week......»»

Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week......»»

Several key OPEC members are leaning towards a bigger than previously expected oil output cut, four sources with knowledge of the talks said, as oil prices fell to $50 per barrel on fears the coronavirus outbreak will hit oil demand badly......»»

Oil futures end higher Thursday, extending their streak of gains to a third straight session, as the potential for OPEC+ output cuts fuel optimism, despite a rise in the number of COVID-19 cases in China and lower forecasts for oil demand growth......»»

Oil futures inch higher Thursday, poised to extend their streak of gains to a third straight session, as the potential for OPEC+ output cuts fuel optimism, despite a rise in the number of COVID-19 cases in China and lower forecasts for oil demand growth......»»

The Organization of the Petroleum Exporting Countries in its monthly report, said Wednesday that it expects growth in world demand for crude to grow by 990,0.....»»

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 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......»»

Oil prices climbed more than 1% on Wednesday, boosted by news that OPEC and its producer allies are weighing further output cuts to counter a potential squeeze on global oil demand resulting from China's fast-spreading coronavirus......»»