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Oil prices inch up on signs of tighter global supply
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices......»»
Oil prices inch up on signs of tightening global supply
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices......»»
Oil prices steady despite Saudi export cuts, U.S. inventory draw
Oil prices were little changed on Thursday as a drop in crude exports from OPEC's defacto leader Saudi Arabia and a draw in U.S. oil inventories supported prices, while the strengthening dollar and weak equities kept futures in check ......»»
Trump says Saudis must compensate for drop in Iran oil supply
BERKELEY HEIGHTS, N.J. (Reuters) - President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on U.S. ally Saudi Arabia to raise supplies to compensate for lower exports from Iran......»»
Saudi Arabia to cut oil exports amid signs of new surplus
Saudi Arabia signaled it will reduce oil exports by as much as half a million barrels a day in December, the first tangible sign that OPEC is starting to trim output as it faces an oversupplied market in 2019......»»
Upset by Trump"s Iran waivers, Saudis push for deep oil output cut
When U.S. President Donald Trump asked Saudi Arabia this summer to raise oil production to compensate for lower crude exports from Iran, Riyadh swiftly told Washington it would do so......»»
Oil gets a boost from Saudi output pledge, declining U.S. inventories
Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production, while U.S. futures gained on a decline in domestic oil inventories......»»
Oil rises after Saudi output pledge, declining U.S. inventories
Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production, while U.S. futures gained on a decline in domestic oil inventories......»»
Oil gains on Saudi output cuts; rally limited by U.S. output
Oil prices rose almost 2 percent on Wednesday after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production, but swelling U.S. crude inventories limited the day's gains......»»
Futures Movers: Oil prices settle lower, even as Saudi Arabia announces additional June output cut
Oil futures end lower on Monday, as a slump in demand for crude outweighed support from a move by Saudi Arabia to further cut production in June......»»
Oil futures settle lower on demand concerns, even as Saudi Arabia pledges to cut more output in June
Oil futures settled lower on Monday, pressured by concerns over weak demand even as Saudi Arabia pledged to cut 1 million barrels per .....»»
Futures Movers: Oil prices fail to find support, even as Saudi Arabia announces additional June output cut
Oil futures trade lower on Monday, as a slump in demand for crude outweighed support from a move by Saudi Arabia to further cut production in June......»»
Oil prices trim losses after Saudi Arabia deepens output cuts
Oil prices trimmed their losses after Saudi Arabia announced the state-owned Aramco would reduce production by an additional 1 million barrels per day......»»
Crippled Crude Oil Presents Conundrum For These Russia, Saudi Arabia ETFs
It's not even Wednesday and it's fair to say oil futures and the related exchange traded products are having wild weeks. At this writing Tuesday, the popular United States Oil Fund (NYSE: USO) is lower by almost 30%. read more.....»»
Saudi Arabia"s oil exports to the US skyrocketed in the last month
Satellite tracking of oil tankers revealed a whopping 12.1 million barrels of Saudi oil shipped to the U.S. in the first week of April alone......»»
Saudi Arabia"s oil exports to the US skyrocketed in the last month
Satellite tracking of oil tankers revealed a whopping 12.1 million barrels of Saudi oil shipped to the U.S. in the first week of April alone......»»
Market Snapshot: Stock-index futures lower as investors prepare for coronavirus-damaged earnings season
Stock-index futures quickly give up early gains Sunday evening, as oil gained following a historic agreement by major producers to curb production, ending a price war between Saudi Arabia and Russia......»»
Futures Movers: Crude prices turn lower as Goldman Sachs sees downside risks to oil after historic deal to cut output
Crude prices fell Monday, a day after major oil producers reached a historic agreement to cut oil production, ending a damaging price war between Saudi Arabia and Russia......»»
Market Snapshot: Stock-index futures dragged lower while oil gains after historic agreement on output cuts
Stock-index futures quickly give up early gains Sunday evening, as oil gained following a historic agreement by major producers to curb production, ending a price war between Saudi Arabia and Russia......»»
Market Snapshot: Stock-index futures dragged lower as oil gains after historic agreement on output cuts
Stock-index futures quickly give up early gains Sunday evening, as oil gained following a historic agreement by major producers to curb production, ending a price war between Saudi Arabia and Russia......»»