Oil prices steady but set for weekly gain on supply cut optimism

Oil prices were steady on Friday, but set for their first weekly gain in six weeks on the assumption that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic......»»

Oil prices edged up Friday and held on track for their first weekly gain since early January, backed by expectations that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic......»»

Oil advanced in light trading, with prices set for the biggest monthly gain in almost a year on speculation that supplies are shrinking......»»

Oil prices were steady on Friday but .....»»

Oil futures make modest moves Friday, seesawing between modest gains and losses, as concerns over a slowdown in energy demand persist, but renewed supply concerns keep prices on track for a weekly gain......»»

Oil prices steadied on Friday and were on track for strong weekly gains as support from a surprise draw in U.S. inventories and possible action from OPEC and its allies to extend output cuts outweighed broader economic concerns......»»

Oil prices rose about 1% on Friday, with Brent set for its biggest weekly gain since January, lifted by rising Middle East tensions and supply concerns after an attack on Saudi Arabia's energy industry last weekend......»»

Oil prices were on track for their biggest weekly jump since January, lifted by rising Middle East tensions after a key Saudi Arabian supply hub was knocked out by an attack last weekend......»»

Oil futures post a gain on Wednesday after U.S. government data reported a weekly drop in U.S. crude supplies—the largest in five weeks—along with declines in petroleum products, which helped to ease concerns surrounding a slowdown in demand......»»

Oil prices were little changed on Friday and were on track for a second straight week of gains, ahead of talks over the trade dispute between the U.S. and Chinese presidents this weekend and on production cuts from OPEC on Monday......»»

Oil prices were steady on Friday and on track for a second straight week of gains, ahead of talks over the trade dispute between the U.S. and Chinese presidents this weekend and on production cuts from OPEC on Monday......»»

Oil prices steadied on Friday, with both benchmarks on track for a weekly gain on rising concerns over potential further supply disruptions in Middle East shipments due to U.S.-Iran political tensions......»»

Oil futures are mixed Friday, with U.S. prices up a fourth straight session, on track for a weekly gain of more than 2%, as any potential demand worries tied to stock-market volatility were offset by supply concerns linked to Middle East tensions......»»

Oil prices were steady on Friday, giving up earlier gains, and were on track for the first weekly increases this month, as rising tensions in the Middle East stoked fears of supply disruptions......»»

Oil prices fell on Friday, with Brent slipping away from the $70 mark after briefly rising above that level in the previous session, hurt by supply concerns and worries about progress in U.S.-China trade talks......»»

LONDON (Reuters) - Oil prices were set for a second consecutive week of gains on Friday, buoyed by tightening supplies and continued support from OPEC and its allies on supply cuts......»»

Front and center for traders Wednesday will be the release of weekly petroleum supply data from the Energy Information Administration......»»

Oil prices make modest moves on Friday, but stay on track to notch a weekly gain as concerns about crude supply from Iran and Venezuela persist......»»

Oil ends higher for a fourth straight session on Friday, booking strong weekly, monthly, quarterly and first-half of the year gains as long-running efforts by OPEC, anticipated increases in demand and supply disruptions combined to thrust prices higher......»»

Oil prices rose early Friday, hovering near multiyear highs, ahead of a meeting between major producers where it is expected that production levels will be discussed in anticipation supply disruptions......»»