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Oil prices climb amid expected OPEC cut, but markets remain wary

Oil prices rose around 1 percent on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply toward year-end......»»

Category: topSource: reutersNov 18th, 2018

Oil falls on OPEC"s deal to raise output, but markets to remain tight

SINGAPORE (Reuters) - Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday......»»

Category: topSource: reutersJun 25th, 2018

Oil rises on expected OPEC cut, but markets remain wary

Oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply towards the end of the year......»»

Category: topSource: reutersNov 18th, 2018

Oil bounces back, but markets remain fragile amid trade disputes

Oil prices jumped more than 1% on Friday amid OPEC supply cuts and Middle East tensions, but still did not fully recoup losses earlier in the week on economic slowdown jitters and swelling inventories - their steepest drops since the start of the year......»»

Category: topSource: reutersMay 23rd, 2019

Oil slips on economic slowdown, but OPEC-led cuts still support

Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela......»»

Category: topSource: reutersMar 18th, 2019

Oil eases on economic worries, but OPEC-led cuts support

Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela......»»

Category: topSource: reutersMar 17th, 2019

Oil edges up, but bulls remain wary ahead of OPEC meeting

LONDON (Reuters) - Oil prices rose for a second day on Tuesday and volatility subsided to its lowest in three weeks, as investors prepared for a key meeting of the OPEC producer group next week......»»

Category: topSource: reutersJun 12th, 2018

Oil prices drop on OPEC"s output deal, but markets to stay tight

SINGAPORE (Reuters) - Oil prices fell on Monday as traders factored in an expected 1 million barrels per day (bpd) output increase in the wake of an Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna last week......»»

Category: topSource: reutersJun 25th, 2018

Oil rises on expected OPEC cuts, but markets wary on trade woes

Oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply toward year-end......»»

Category: topSource: reutersNov 19th, 2018

Oil prices slip amid broad market sell-off that outweighs expected OPEC cuts - Reuters

ReutersOil prices slip amid broad market sell-off that outweighs expected OPEC cutsReutersSINGAPORE (Reuters) - Oil .....»»

Category: topSource: googlenewsNov 20th, 2018

Oil prices climb on expected OPEC-led production cuts

Oil prices rose on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output......»»

Category: topSource: reutersDec 4th, 2018

Oil falls amid stock market slide, but market eyes OPEC meeting

Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices by 30 percent since October......»»

Category: topSource: reutersDec 6th, 2018

Oil dips amid stock market slide, traders await OPEC meeting

Oil prices dipped on Thursday as stock markets slid and as traders eyed an OPEC meeting expected to result in a supply cut aimed at draining a glut that has pulled down crude by 30 percent since October......»»

Category: topSource: reutersDec 6th, 2018

Oil has plunged 20% in the week since OPEC"s historic production cut as traders remain unconvinced it can offset a coronavirus-led demand crunch

REUTERS/Jim Urquhart Oil prices are seeing further downward momen.....»»

Category: topSource: businessinsiderApr 17th, 2020

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

Oil rises as markets eye OPEC, Russia meeting on output cuts

Oil rebounded on Wednesday after a two-day fall, lifted by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts to shore up prices that have crumbled amid the coronavirus pandemic......»»

Category: topSource: reutersApr 8th, 2020

Oil surges 13% on reports that OPEC and allies are working on a deal to cut production amid the coronavirus pandemic

REUTERS/Donna Carson Oil prices surged Friday, continuing gains from the best day on record Thursday.  US West Texas Interme.....»»

Category: topSource: businessinsiderApr 3rd, 2020

"Another cataclysmic week": Stocks climb as signs of relief in oil markets outweigh fears of record US jobless claims

Reuters Stocks rose and crude prices soared on Thursday .....»»

Category: topSource: businessinsiderApr 2nd, 2020

Gold hits 7-year high but analysts say the "level of fear in markets" could push it to $2,000

Reuters Gold prices hit 7-year high as investors take refuge in safer assets amid coronavirus-fueled sell-off. Some analysts say the "level.....»»

Category: topSource: businessinsiderMar 9th, 2020

Oil plunges 11%, the most since 2008, after Russia refuses Saudi Arabia"s request to cut output

REUTERS/Shannon Stapleton Oil prices plunged as much as 11% — the most since 2008 — amid a collapse in OPEC+ discussions. Talks within the group broke down after .....»»

Category: topSource: businessinsiderMar 6th, 2020