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Futures Movers: Oil loses ground as OPEC reportedly weighs output rise

Oil futures trade lower on talk the Organization of the Petroleum Exporting Countries could move next month to boost output to make up for a Venezuelan production shortfall and potential lost supply from Iran......»»

Category: topSource: marketwatchMay 23rd, 2018

Futures Movers: Oil posts hefty loss for the week as OPEC, Russia talk output increase

Oil prices plunge Friday as reports say OPEC and Russia are considering lifting production by as much as 1 million barrels a day to meet the shortfall in supply from Iran and Venezuela......»»

Category: topSource: marketwatchMay 25th, 2018

Futures Movers: Oil tilts toward weekly loss as traders mull potential OPEC summit outcomes

Oil prices fall on Friday, tilting a bit lower for the week as traders weigh potential outcomes for an OPEC meeting later this month against persistent concerns about crude supply from Iran and Venezuela......»»

Category: topSource: marketwatchJun 8th, 2018

Futures Movers: U.S. oil prices end at 2-week high; Brent falls on bets for higher OPEC output

U.S. be.....»»

Category: topSource: marketwatchJun 14th, 2018

Futures Movers: Brent oil prices head for 6-week low on expectations of OPEC output hike

Oil futures drop by roughly 3% Friday, with global benchmark Brent crude poised for the lowest settlement since early May on expectations OPEC and its allies will agree next week to boost output......»»

Category: topSource: marketwatchJun 15th, 2018

Futures Movers: Global oil benchmark ends at 6-week low on expectations for OPEC output hike

Oil futures drop sharply on Friday, ending the week lower, with global benchmark Brent crude settling at its lowest since early May on expectations OPEC and its allies will agree next week to boost output......»»

Category: topSource: marketwatchJun 15th, 2018

Futures Movers: Oil prices move higher as traders assess trade tensions, brace for OPEC decision

Oil prices move higher Monday as traders assess escalating trade tensions between the U.S. and China and brace for a potential output boost by major crude producers later this week......»»

Category: topSource: marketwatchJun 18th, 2018

Futures Movers: Oil prices gain on prospects for a global output cut, even as U.S. crude supplies rise a 9th week

Oil futures gain on Wednesday, buoyed by expectations for a production cut at a meeting of major oil producers early next month......»»

Category: topSource: marketwatchNov 21st, 2018

Futures Movers: Oil wavers after recent rally in lead-up to expected Saudi-Russia output cut

Oil futures see mixed trading Tuesday, with U.S. prices making moves in either direction, after a strong start to the week on bullish optimism ahead of an OPEC meeting that is increasingly expected to result in a production cut......»»

Category: topSource: marketwatchDec 4th, 2018

Futures Movers: Oil prices slip as jitters persist around OPEC production meeting outcome

Oil prices declined Wednesday as global investors awaited clarity on a possible, but far-from-assured, output cut by major producers meeting later in the week......»»

Category: topSource: marketwatchDec 5th, 2018

Futures Movers: Oil prices stick near 17-month lows but struggle for direction in holiday-abbreviated session

Crude-oil futures on Monday trade little changed after finishing last week at a 17-month low, amid concerns about global crude output and fears of a global economic slowdown that may erode demand......»»

Category: topSource: marketwatchDec 24th, 2018

Futures Movers: Oil tallies first weekly gain in a month amid optimism on trade conflict and energy demand

Oil futures on Friday scored their first weekly gain in a month as renewed trade talks set for next week between the U.S. and China and signs of output reductions among major producers help to lift prices to their highest finish since mid-December......»»

Category: topSource: marketwatchJan 4th, 2019

Futures Movers: Oil stays higher as reports say OPEC+ plans to keep its output plans and cancel Wednesday’s meeting

Oil futures remain higher on Tuesday after reports said the Organization of the Petroleum Exporting Countries and its allies plan to keep their plan to gradually raise production in place, and cancel a meeting that was scheduled for Wednesday......»»

Category: topSource: marketwatchApr 27th, 2021

Futures Movers: Oil falls more than 3% as OPEC+ eases curbs, Iran output seen rising

Oil futures fall sharply.....»»

Category: topSource: marketwatchApr 5th, 2021

Futures Movers: Oil prices settle lower as Suez Canal reopens; focus shifts to OPEC+

Oil futures settled lower on Tuesday, as ships resumed moving through the Suez Canal and traders turn their attention to a meeting of the Organization of the Petroleum Exporting Countries and its allies this week......»»

Category: topSource: marketwatchMar 30th, 2021

Futures Movers: Oil settles lower as traders bet on a fourth-weekly rise in U.S. crude inventories

Oil futures marked a third straight decline on Tuesday, with U.S. benchmark crude trading below later-dated futures, as traders bet that domestic crude supplies climbed for a fourth week in a row in the wake of last month's Texas deep freeze......»»

Category: topSource: marketwatchMar 16th, 2021

Futures Movers: U.S. oil rises 1.5%, extends climb to 19-month high after OPEC+ decision

Oil futures on Friday add to their gains, a day after the Organization of the Petroleum Exporting Countries and its allies, in a surprise move, said they would rollover current production cuts to the end of April......»»

Category: topSource: marketwatchMar 5th, 2021

Oil futures settle lower, pressured by a possible OPEC+ output hike as traders eye U.S., Saudi tensions

Oil futures settled lower on Monday, pressured by the possibility that the Organization of the Petroleum Exporting Countries and its allies will decide to boost production levels when they meet later this week. Traders also eyed tensions between the U......»»

Category: topSource: marketwatchMar 1st, 2021

Futures Movers: Oil prices end lower on talk of potential OPEC+ output increase

Oil futures end lower on Thursday, as pressure from talk of a potential production increase by OPEC+ outweighed support from a fourth straight weekly decline in U.S. inventories......»»

Category: topSource: marketwatchFeb 18th, 2021

Futures Movers: Oil settles over 2% higher on signs OPEC+ has stuck close to its output-cut pledge

Oil futures gain ground Monday, settling up by more than 2%, buoyed in part by surveys indicating that the Organization of the Petroleum Exporting Countries and their allies are sticking closely to their pledge on output curbs......»»

Category: topSource: marketwatchFeb 1st, 2021