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Futures Movers: Oil prices move lower as weak U.S. manufacturing activity feeds worries over energy demand

Crude-oil futures move lower Tuesday, as earlier gains from a monthly report on falling OPEC production gives way to concerns over a slowdown in energy demand following data showing U.S. manufacturing activity at its lowest level in over a decade......»»

Category: topSource: marketwatchOct 1st, 2019

Futures Movers: Oil prices rebound as trade tensions rumble in the background

Crude-oil futures manage to find higher ground even as U.S.-China trade tensions linger and as rig activity in the U.S. points to production growth......»»

Category: topSource: marketwatchApr 9th, 2018

Futures Movers: Oil prices tick higher as trade tensions rumble in the background

Crude oil futures manage to find higher ground even as U.S.-China trade tensions linger and as rig activity in the U.S. points to production growth......»»

Category: topSource: marketwatchApr 9th, 2018

U.S. oil futures settle below $60 for first time in more than a week

Oil futures fell on Tuesday, with U.S. prices settling below the $60 mark for the first time since Feb. 19. Traders weighed prospects for crude production, with the Organizat.....»»

Category: topSource: marketwatchMar 2nd, 2021

Oil rallies by roughly 4% on bets for a slow recovery in Texas crude production

Oil futures rallied on Monday, with prices up by more than 3%, as traders bet that the market will see a slow recovery from the frigid Texas weather that led to reductions .....»»

Category: topSource: marketwatchFeb 22nd, 2021

Futures Movers: Oil prices get a boost from risks to global supplies

Oil futures finish higher Monday, lifted by supply concerns as Iraq reportedly plans to cut production and Libya sees disruptions to crude exports due to a pay dispute......»»

Category: topSource: marketwatchJan 25th, 2021

Futures Movers: Oil prices lifted by supply concerns

Oil futures trade higher Monday, lifted by supply concerns as Iraq reportedly planned to cut production and Libya saw disruptions to crude exports due to a pay dispute......»»

Category: topSource: marketwatchJan 25th, 2021

Futures Movers: Oil prices climb on stimulus hopes, weaker dollar

Oil futures gain ground Tuesday, taking a cue from rallying equity markets and a weaker dollar as traders shake off a cut in the International Energy Agency's forecast for 2021 crude demand......»»

Category: topSource: marketwatchJan 19th, 2021

Oil futures climb, with U.S. prices settling above $25 on output-cut expectations

Oil futures climbed Tuesday, with U.S. prices settling above $25 a barrel amid expectations that production cuts will help alleviate a glut of crude supplies from the pandemic-related drop in glo.....»»

Category: topSource: marketwatchMay 12th, 2020

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......»»

Category: topSource: marketwatchMay 11th, 2020

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......»»

Category: topSource: marketwatchMay 11th, 2020

Futures Movers: Oil prices finish lower as worries about demand resurface

Crude-oil futures give up earlier gains on Thursday, with downbeat comments from Federal Reserve officials on economic activity and some doubts over producer compliance with OPEC+ output-cut agreement prompting prices to settle lower......»»

Category: topSource: marketwatchMay 7th, 2020

Futures Movers: Oil futures climb, with U.S. prices up more than 30%

Oil futures head higher on Wednesday, with U.S. benchmark prices rallying by more than 30% as government data showed a slightly smaller-than-expected weekly climb in domestic crude supplies, along with declines in gasoline stocks and oil production......»»

Category: topSource: marketwatchApr 29th, 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 little changed, U.S. ties 18-year low after OPEC cuts demand forecast

Oil prices were mixed on Thursday, as Brent crude rose modestly while U.S. futures ended unchanged at an 18-year-low after some European countries said they would relax coronavirus restrictions even though OPEC lowered its global oil demand forecast......»»

Category: topSource: reutersApr 16th, 2020

Futures Movers: Oil higher in choppy trade after historic deal to cut output and end price war

Crude prices trade higher Monday in choppy price action, a day after major oil producers reached a historic agreement to cut oil production, ending a damaging price war between Saudi Arabia and Russia......»»

Category: topSource: marketwatchApr 13th, 2020

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......»»

Category: topSource: marketwatchApr 13th, 2020

Futures Movers: Oil prices rise as key OPEC+ production conference gets under way

Oil futures climb on Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is expected to lead to an agreement to cut global crude production and end a price war between Russia and Saudi Arabia......»»

Category: topSource: marketwatchApr 9th, 2020

Futures Movers: Oil prices finish higher as U.S. output declines ahead of potential OPEC+ production cuts

Oil prices finish higher Wednesday, buoyed by a weekly decline in U.S. crude production, as investors grow hopeful that major oil producers will agree to output cuts this week......»»

Category: topSource: marketwatchApr 8th, 2020

Oil futures rise on hopes of production cuts

Oil prices strengthened ahead of their settlement on Wednesday, buoyed by hopes that OPEC and its allies will strike a production cut agreement, shrugging off bearish signals from surging U.S. crude inventories......»»

Category: topSource: reutersApr 8th, 2020