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Oil prices rise on hopes OPEC+ will agree supply cuts

Oil prices rose on Thursday on expectations the world's leading crude producers will overcome obstacles at a meeting later in the day that have so far prevented a deal to cut output in response to a collapse in global demand......»»

Category: topSource: reutersApr 9th, 2020

Oil prices rise amid broad market rally, OPEC supply cuts

Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC......»»

Category: topSource: reutersMar 11th, 2019

Oil prices rise on OPEC"s supply cuts and healthy demand

Oil prices rose on Tuesday, lifted by output cuts led by producer group OPEC as well as healthy demand, although analysts said economic headwinds posed downside risks to crude markets......»»

Category: topSource: reutersMar 11th, 2019

Oil prices rise on ongoing Venezuelan supply trouble

SINGAPORE (Reuters) - Oil prices rose on Friday, driven up as Venezuela struggles to meet its supply obligations and by ongoing voluntary output cuts led by producer cartel OPEC......»»

Category: topSource: reutersJun 7th, 2018

Oil prices rise on OPEC output cuts, as U.S. sanctions bite

Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. production and concerns over economic growth to keep markets in check......»»

Category: topSource: reutersFeb 11th, 2019

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......»»

Category: topSource: reutersMar 5th, 2020

Oil falls, OPEC backs deeper supply cuts

Oil fell on Thursday as the coronavirus epidemic showed no signs of slowing, with deaths mounting globally, and while major producers agreed on deeper output cuts to bolster prices, they could not immediately secure Russian support for the decision......»»

Category: topSource: reutersMar 5th, 2020

Oil rises as OPEC backs deeper supply cuts

Oil rose on Thursday after major producers agreed on deeper output cuts to bolster prices as worries intensify over the fast-spreading coronavirus outbreak and its impact on the global economy and crude consumption......»»

Category: topSource: reutersMar 5th, 2020

Oil falls, OPEC seeks Russian backing for deeper supply cuts

Oil fell on Thursday as worries intensified over the fast-spreading coronavirus outbreak and OPEC ministers met in Vienna to seek Russian backing for deeper output cuts to bolster prices......»»

Category: topSource: reutersMar 5th, 2020

Oil prices climb ahead of OPEC meeting to discuss supply cuts

Oil prices climbed higher on Thursday ahead of an OPEC meeting in which Saudi Arabia is expected to push the group and its allies including Russia to agree to further output cuts to support the market......»»

Category: topSource: reutersMar 5th, 2020

Oil rises more than 1% ahead of OPEC meeting to discuss supply cuts

Oil prices rose more than 1% on Thursday ahead of an OPEC meeting in which Saudi Arabia is expected to push the group and its allies including Russia to agree to further output cuts to support the market......»»

Category: topSource: reutersMar 5th, 2020

Oil rises on short-covering, hopes for deeper output cut by OPEC+

Crude prices inched higher on Wednesday as investors covered short positions after three sessions of losses and eyed potential supply cuts, even as fears of a coronavirus pandemic deepened......»»

Category: topSource: reutersFeb 26th, 2020

Oil falls for third day as virus fears accelerate on U.S. warning

Crude prices fell about 3% on Tuesday, dropping for a third day, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses......»»

Category: topSource: reutersFeb 25th, 2020

Oil prices flat; OPEC+ mulls supply cut as virus hits 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......»»

Category: topSource: reutersFeb 6th, 2020

Oil prices rebound on hopes for OPEC+ supply cuts

Oil prices clawed back ground on Tuesday amid hopes for new output curbs from OPEC and its allies to offset any potential drop in demand triggered by the coronavirus outbreak......»»

Category: topSource: reutersFeb 4th, 2020

Oil prices rise in quiet Christmas Eve trade amid supply cuts

Oil prices rose on Tuesday in thin pre-Christmas trading after Russia's energy minister said cooperation with OPEC to support the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories......»»

Category: topSource: reutersDec 24th, 2019

Oil steadies as Saudi pushes for further supply cuts

Oil prices steadied around $61 a barrel on Tuesday as rising expectations of deeper output cuts from OPEC and its allies were countered by a potential delay to a U.S.-China trade agreement until after the next U.S. presidential election......»»

Category: topSource: reutersDec 3rd, 2019

Oil higher as Saudi pushes for further supply cuts

Oil prices edged higher on rising expectations of deeper output cuts when OPEC and its allies meet this week, although scepticism about a deal among some analysts limited the gains......»»

Category: topSource: reutersDec 3rd, 2019

Oil rises as Saudi Arabia pushes for further supply cuts

Oil prices gained on Tuesday, as hopes rose for OPEC and its allies to agree deeper output cuts when they meet this week, although gains were limited, amid some analysts' scepticism over the achievement of further reductions......»»

Category: topSource: reutersDec 3rd, 2019

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......»»

Category: topSource: reutersDec 2nd, 2019