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Futures Movers: Oil prices climb, but remain on track for biggest weekly drop since 2008

Oil is in bounce mode Friday, rising sharply but prices are still on track for the biggest weekly drop since 2008 following a brutal selloff sparked by a Saudi-Russian price war and the global spread of the COVID-19 pandemic......»»

Category: topSource: marketwatchMar 13th, 2020

Futures Movers: Oil sees biggest daily gain of 2020 as traders hope for OPEC cuts this week

Oil prices settle more than 4% higher on Monday,—the biggest daily percentage climb of the year so far—as investors grow increasingly optimistic that the Organization of the Petroleum Exporting Countries will announce production cuts later this week......»»

Category: topSource: marketwatchMar 2nd, 2020

Futures Movers: Oil slumps on renewed coronavirus worries, but on track for weekly gain

Oil futures lose ground Friday as concerns about the spread of COVID-19 in China and beyond take a toll, but remain on track for a weekly gain......»»

Category: topSource: marketwatchFeb 21st, 2020

Metals Stocks: Gold prices slip after hitting more-than-6-year high

Gold edged lower Friday, pulling back from a more-than-six-year high but on track for its strongest monthly performance since August......»»

Category: topSource: marketwatchJan 31st, 2020

Metals Stocks: Gold’s 4th straight positive session puts it on track for best week since August

Gold futures on Friday are extending a climb toward its highest level in eight weeks and its best weekly gain in four months as weakness in the dollar and demand for bullion heading into 2020 underpin prices......»»

Category: topSource: marketwatchDec 27th, 2019

Futures Movers: Oil prices extend climb to 3-month peak, and poised for weekly gain of at least 2%

Oil prices edge higher Friday morning as investors await a batch of reports on rig counts and inventories in the U.S., which have been delayed due to the Christmas holiday......»»

Category: topSource: marketwatchDec 27th, 2019

Futures Movers: Oil prices slip after API report shows a climb in U.S. stockpiles

Oil futures are slightly lower Wednesday, after a U.S. inventory report late-Tuesday showed a bigger-than-expected weekly climb and as investors watched for the weekly EIA report and an update in policy from the Federal Reserve.....»»

Category: topSource: marketwatchDec 11th, 2019

Futures Movers: Oil prices slip as U.S. inventory data shows surprise gain

Oil prices slipped Wednesday after official U.S. inventory data posted an unexpected rise in the latest week but remain near their highest levels in about eight weeks......»»

Category: topSource: marketwatchNov 27th, 2019

Oil pulls back from 2-month high but is on track for weekly gain

Oil futures trade lower Friday, pulling back from a two-month high, but remain on track for a weekly rise on growing expectations OPEC and its allies will agree to extend production cuts when they meet next month......»»

Category: topSource: moneycentralNov 22nd, 2019

Futures Movers: Oil prices rise ahead of weekly U.S. storage data

Oil futures gain ground Thursday as investors await a government tally of U.S. crude inventories after industry figures showed an unexpected decline in stocks......»»

Category: topSource: marketwatchNov 14th, 2019

Futures Movers: Oil higher, on track for strong weekly gains after attacks on Saudi facilities

The global crude benchmark is on track for its biggest weekly gain since April 2018 after attacks on Saudi Arabian production facilities last weekend raised concerns over the amount of spare capacity in the oil market......»»

Category: topSource: marketwatchSep 20th, 2019

Futures Movers: U.S. oil prices fall as weaker demand outlook outweighs support from 4th-weekly drop in U.S. supplies

U.S. oil futures edge lower Wednesday, pressured by a weaker demand outlook from OPEC, despite a fourth straight weekly decline in U.S. crude supplies......»»

Category: topSource: marketwatchSep 11th, 2019

Futures Movers: Oil declines after weaker-than-expected U.S. jobs report, but look to hold a modest weekly gain

Oil prices trade sharply lower Friday as a weaker-than-expected U.S. employment data fed concerns that the trade war with China is hurting the domestic economy......»»

Category: topSource: marketwatchSep 6th, 2019

Futures Movers: Oil lower but set to log big weekly gain

Oil futures trade lower Friday, but the U.S. benchmark remains on track for a more-than-3% weekly rise after a large fall in U.S. inventories and some cautious optimism on trade......»»

Category: topSource: marketwatchAug 30th, 2019

Futures Movers: Oil prices post a gain as EIA reports biggest U.S. crude supply decline in 5 weeks

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......»»

Category: topSource: marketwatchAug 28th, 2019

Metals Stocks: Gold pulls back from more-than-6-year high

Gold pulls back from the latest in a string of more-than-six year highs, but remains on track for a weekly gain......»»

Category: topSource: marketwatchAug 16th, 2019

Metals Stocks: Gold futures book third straight gain, hold near 6-year high

Gold prices on Tuesday finish regular trade modestly higher, marking a third straight gain a day after the precious metal extended its rally toward fresh six-year highs, amid escalating trade policy tensions between China and the U.S......»»

Category: topSource: marketwatchAug 6th, 2019

Futures Movers: Oil logs weekly gain with market fundamentals ‘at an inflection point’

Oil futures flip between gains and losses, but remain on track for a weekly rise......»»

Category: topSource: marketwatchJul 26th, 2019

Futures Movers: Oil on track for weekly gain with market fundamentals ‘at an inflection point’

Oil futures flip between gains and losses, but remain on track for a weekly rise......»»

Category: topSource: marketwatchJul 26th, 2019

Futures Movers: Oil prices head for weekly gain, fueled by Iran tensions

Oil futures resumed their march higher Friday, adding to a nearly 5% weekly jump, as tensions persisted in the Middle East and investors kept tabs on a Gulf of Mexico storm that some analysts said was already priced in......»»

Category: topSource: marketwatchJul 12th, 2019