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Oil Prices Rise on OPEC and Trump

Oil prices rose on Wednesday, following news of Saudi supply cuts to Asia, but persistent doubt over output reductions and.....»»

Category: topSource: marketpulseJan 11th, 2017

Trump rally eases, stocks trip up despite 2% oil price rise

U.S. stocks fell on Monday as financials lagged, while a massive post-election rally eased, and investors kept an eye on surging oil prices ahead of a key OPEC meeting......»»

Category: topSource: moneycentralNov 28th, 2016

Trump rally eases, stocks trip up despite 2% oil price rise - CNBC

CNBCTrump rally eases, stocks trip up despite 2% oil price riseCNBCU.S. stocks fell on Monday as financials lagged, while a massive post-election rally eased, and investors kept an eye on surging oil prices ahead of a key OPEC meeting. "I think the market.....»»

Category: topSource: googlenewsNov 28th, 2016

Brent edges back above $45 as global oil prices rise

Oil edged up from multi-month lows on Thursday, but prices remained under pressure from a supply glut that has persisted despite OPEC-led efforts to balance the market......»»

Category: topSource: foxnewsJun 22nd, 2017

Oil prices slip as U.S. rigs rise, demand growth falters

LONDON (Reuters) - Oil prices edged lower on Monday, weighed down by an expansion in U.S. drilling that has helped to maintain high global supplies despite an OPEC-led initiative to tighten the market by cutting production......»»

Category: topSource: reutersJun 19th, 2017

Oil prices dip on further rise in U.S. drilling, demand slowdown

SINGAPORE (Reuters) - Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has helped to maintain high global supplies despite an OPEC-led initiative to cut production to tighten the market......»»

Category: topSource: reutersJun 19th, 2017

Oil prices fall on further rise in U.S. drilling, signs of slowing demand

SINGAPORE (Reuters) - Oil prices fell early on Monday, weighed down by high supplies despite an OPEC-led initiative to cut production to tighten the market......»»

Category: topSource: reutersJun 18th, 2017

Oil prices fall on OPEC output, rising crude supply

Oil prices fell around 1 percent on Wednesday after data showed a build in U.S. crude stocks and OPEC reported a rise in its production......»»

Category: topSource: foxnewsJun 14th, 2017

Donald Trump’s Proposal to ‘Buy American, Hire American’ Could Cause Beer Prices to Rise

"Buy American, Hire American" could come at a cost President Donald Trump has encouraged the public to “Buy American, Hire American,” but the patriotic plan could have consequential effects on U.S. products — particularly .....»»

Category: topSource: timeJun 9th, 2017

Goldman Sachs lowers oil price outlook on potential shale surge

Goldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions......»»

Category: topSource: moneycentralMay 30th, 2017

Oil falls as U.S. drilling undermines drive to tighten markets

Oil prices fell on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply......»»

Category: topSource: moneycentralMay 29th, 2017

Poll: US home prices will rise at strong pace on tight supply

A Reuters poll showed that U.S. home prices look like they will rise at a robust pace over the next few years, mainly because of a chronic shortage of houses and steady demand. However, a slim majority of analysts in the poll said the Trump administration.....»»

Category: topSource: moneycentralMay 26th, 2017

Futures Movers: Oil rises slightly as some investors buy in wake of OPEC—related plunge

Oil prices rise slightly on Friday as the market can’t get over its disappointment at how the OPEC meeting turned out, that is cuts weren’t aggressive enough......»»

Category: topSource: marketwatchMay 26th, 2017

Oil prices rise in anticipation of extended OPEC-led production cut

SINGAPORE (Reuters) - Oil prices rose by one percent ahead of an OPEC meeting on Thursday that is expected to extend output cuts into 2018, adding at least nine months to an initial six-month cut in the first half of this year......»»

Category: topSource: reutersMay 24th, 2017

Oil prices rise as market expects extended output cut led by Opec

Brent futures and US WTI futures gained more than 10% from their May lows below $50/barrel.....»»

Category: topSource: business-standardMay 24th, 2017

Oil prices rise as market awaits extended output cut

LONDON (Reuters) - Oil prices rose on Wednesday, supported by growing confidence that OPEC and other big producers would agree to keep output restricted for the rest of 2017 and into the first quarter of next year......»»

Category: topSource: reutersMay 24th, 2017

Oil prices rise as market expects extended production cut

Oil prices rose on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all of 2017 and the first quarter of next year......»»

Category: topSource: foxnewsMay 24th, 2017

Oil dips on Trump"s talk of reserves sale

Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country's strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market. Laura Frykberg reports.....»»

Category: videoSource: reutersMay 23rd, 2017

Oil prices fall as White House proposes U.S. oil reserve sales

Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country's strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market......»»

Category: topSource: moneycentralMay 23rd, 2017

Oil prices fall as White House proposes U.S. oil reserve sales

Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country's strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market......»»

Category: topSource: moneycentralMay 23rd, 2017

U.S. plan to sell oil reserves undermines OPEC supply management efforts

SINGAPORE (Reuters) - U.S. President Donald Trump's proposal to sell half of the United States' strategic oil reserve surprised energy markets on Tuesday since it counters OPEC's efforts to control supply in order to boost prices......»»

Category: topSource: reutersMay 23rd, 2017