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Oil prices surge on last day of roller-coaster month

Oil prices jumped on Thursday, as signs the U.S. crude glut was not growing as quickly as many had feared brought an upbeat close to one of the most volatile months for oil trading in history......»»

Category: topSource: reutersApr 30th, 2020

Oil prices set to cap nightmare month with gains

Oil prices jumped for a second day Thursday, lifted by signs the U.S. crude glut is not growing as quickly as expected and clawing back ground at the end of a month of tumbles wrought by coronavirus fears that caused futures to plumb two-decade lows......»»

Category: topSource: moneycentralApr 30th, 2020

Oil prices set to cap off nightmare month with gains

Oil prices jumped for a second day on Thursday, lifted by signs the U.S. crude glut is not growing as quickly as expected and clawing back ground at the end of a month of tumbles wrought by coronavirus fears that caused futures to plumb two-decade lows......»»

Category: topSource: reutersApr 30th, 2020

Oil prices rise on some signs of pick up in fuel demand

Oil prices jumped on Thursday, lifted by signs the U.S. crude glut is not growing as quickly as expected and indications of a rise in fuel demand, which has been crushed by the coronavirus......»»

Category: topSource: reutersApr 30th, 2020

Oil prices rise on early signs of pick up in fuel demand

Oil prices jumped on Thursday, lifted by signs that the U.S. crude glut is not growing as quickly as expected and of a rise in fuel demand, which has been crushed by the coronavirus......»»

Category: topSource: reutersApr 30th, 2020

Oil prices rise amid early signs of fuel demand picking up

Oil prices jumped on Thursday, buoyed by signs that the U.S. crude glut is not growing as quickly as expected and that fuel demand battered by COVID-19 restrictions is starting to pick up......»»

Category: topSource: reutersApr 30th, 2020

Oil prices surge over 10% amid early signs of U.S. fuel demand recovery

Oil prices jumped on Thursday, extending steep gains in the previous session on signs the U.S. crude glut is not growing as quickly as expected and that gasoline demand battered by COVID-19 restrictions is starting to pick up......»»

Category: topSource: reutersApr 30th, 2020

Commodities Corner: Sinking oil demand, drop in prices put U.S. fracking activity on track for a record monthly decline: report

Signs of a further drop in U.S. crude-oil production are everywhere, from a slowdown in fracking activity and sharp weekly declines in the active oil-rig count, to expectations of a May decline for all seven major shale-oil output regions......»»

Category: topSource: marketwatchApr 23rd, 2020

Oil falls 1% as spreading virus compounds concerns over demand hit

Oil prices fell around 1% on Friday, pressured by growing worries about fuel demand as a coronavirus epidemic spread further beyond China, and as major crude producers appeared to be in no rush to cut output to buttress the market......»»

Category: topSource: reutersFeb 21st, 2020

Oil prices slide as coronavirus spread beyond China raises demand worries

Oil prices fell on Friday with fears for fuel demand growing as the coronavirus epidemic that originated in China spread further beyond the country, while major crude producers stood pat on taking early action to cut output to support the market......»»

Category: topSource: reutersFeb 20th, 2020

Futures Movers: Oil prices set for second skid in a row as investors fret about crude demand

Oil futures head lower early Monday as investors fail to shake worries that growing signs of weakness will eventually hurt demand for crude oil......»»

Category: topSource: marketwatchOct 21st, 2019

Instant view: OPEC"s nine-month oil output curb boosts price outlook, shale

OPEC ministers on Monday agreed to extend the oil producers' group supply cuts until early 2020 to prop up crude prices and offset the risk of a market glut amid growing U.S. output and a weakening global economy......»»

Category: topSource: reutersJul 1st, 2019

Oil prices rise for a second day on China demand, U.S. stockpile drop

Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world's second-largest crude user, amid tightening supply as producers curtail output and as oil inventories in the United States fell unexpectedly......»»

Category: topSource: reutersApr 17th, 2019

Oil edges higher on cuts to Saudi exports

Oil prices edged higher on Tuesday, supported by signs of tightening global supply after a Saudi official said the kingdom plans to cut oil exports in April, while the U.S. government reduced its forecast for domestic crude output growth......»»

Category: topSource: reutersMar 12th, 2019

Futures Movers: Oil heads toward highest levels of the year as traders focus on signs of supply crunch

Crude-oil futures climb on Tuesday, with prices teasing their highest settlements of the year on the back of tightening Venezuelan supplies and signs that OPEC would continue cutting output into the second half of the year......»»

Category: topSource: marketwatchMar 12th, 2019

Futures Movers: Oil hovers at 3 ½-year high, with producers expected to ‘boast’ output-cut compliance

Crude prices continue their run higher as investors cheer signs of falling U.S. inventories and look forward to Friday’s OPEC meeting......»»

Category: topSource: marketwatchApr 19th, 2018

Futures Movers: Oil prices drop on record U.S. output but Iran uncertainty remains supportive

Oil prices decline Tuesday amid signs of rising U.S. crude production and stockpiles, despite continuing uncertainty about whether the U.S. will pull out of the Iran nuclear deal......»»

Category: topSource: marketwatchMay 1st, 2018

Futures Movers: Oil drops to 2-week lows as U.S. output hits fresh peak

Oil prices decline Tuesday, set for their lowest finish in about two weeks amid signs of rising U.S. crude production and stockpiles, despite continuing uncertainty about whether the U.S. will pull out of the Iran nuclear deal......»»

Category: topSource: marketwatchMay 1st, 2018

Futures Movers: Oil rallies on Venezuela output worries and looming Iran sanctions decision

Oil rallies Thursday, as growing concerns over Venezuela and possible new sanctions against Iran raise the potential for tighter global crude supplies, sending prices toward their highest settlement since late 2014......»»

Category: topSource: marketwatchMay 4th, 2018

Futures Movers: Oil back at 3-year highs on Venezuela output worries, Iran sanctions uncertainty

Oil finish higher Thursday, with a gain for the week, as growing concerns over Venezuela and possible new sanctions against Iran raise the potential for tighter global crude supplies, send prices back to their highest settlement since late 2014......»»

Category: topSource: marketwatchMay 4th, 2018