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Futures Movers: Oil up by more than 5% as OPEC+ agrees to extend production curbs

Oil futures rally Thursday by more than 5% after the Organization of the Petroleum Exporting Countries and its allies said they will rollover current production cuts to the end of April......»»

Category: topSource: marketwatchMar 4th, 2021

Futures Movers: OPEC confirms a 9-month extension to output curbs, supports charter to formalize producer alliance

Oil futures settle higher on Monday, then hold onto most those gains in electronic trading, after OPEC said it has officially agreed to extend production curbs by nine months and fully supports a charter to formalize its alliance with non-OPEC producers......»»

Category: topSource: marketwatchJul 1st, 2019

Futures Movers: Oil prices extend June surge as Russia signals intent to stick with OPEC+ production curbs

U.S. oil prices snap back with modest gains Monday, building on the more than 9% jump for the month of June, as major world producers said they’ll hold back in pushing more oil onto the global market......»»

Category: topSource: marketwatchJul 1st, 2019

Futures Movers: Oil pulls back from 2-month high, but 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: marketwatchNov 22nd, 2019

Futures Movers: Oil aims for 5-day win streak on optimism over production curbs

Oil futures trade higher, on track for a fifth straight daily gain, as investors remain upbeat over prospects for continued production curbs by OPEC and its allies......»»

Category: topSource: marketwatchSep 10th, 2019

Futures Movers: Oil prices slip as Mideast tension and U.S. economic policy feature

Oil futures fell Friday as choppy trading continues in the wake of an extension to OPEC production curbs and ongoing tensions in the Middle East......»»

Category: topSource: marketwatchJul 5th, 2019

Futures Movers: Oil market’s post-OPEC rally fades on trade-pact uncertainty

Oil futures prices slip Tuesday, unable to extend the late-Monday gain that followed word of extended OPEC production cuts, with investors unable to completely shake demand worries tied to a vulnerable global economy and trade......»»

Category: topSource: marketwatchJul 2nd, 2019

Futures Movers: U.S. oil prices settle higher, but global crude ends lower amid supply-demand uncertainty

Oil settles on a mixed note Monday, with U.S. crude up for the session but global benchmark prices shifting lower by the close as traders weigh signs that OPEC will decide to extend its production-cut agreement against ongoing worries about energy demand......»»

Category: topSource: marketwatchMay 20th, 2019

Futures Movers: Oil looks to extend last week’s rise, but traders wary of rising OPEC, U.S. output

Oil prices climb on Monday, poised to extend last week’s gains, with traders still showing concern over Iran sanctions, but wary of OPEC’s ability to offset crude supply declines and growing U.S. production......»»

Category: topSource: marketwatchMay 14th, 2018

Futures Movers: Oil prices fall, with U.S. benchmark poised for second straight weekly loss

Oil prices head lower Friday, with the U.S. benchmark poised to mark a second straight weekly decline, weighed down by rising U.S. production and the potential easing of OPEC output curbs......»»

Category: topSource: marketwatchJun 1st, 2018

Futures Movers: Oil prices fall, with U.S. benchmark ending at lowest since April

Oil prices settle lower Friday, with the U.S. benchmark marking its lowest finish since April, weighed down by rising U.S. production and the potential easing of OPEC output curbs......»»

Category: topSource: marketwatchJun 1st, 2018

Futures Movers: Oil prices rally after OPEC agrees to smaller-than-expected production boost

Oil prices rally Friday as OPEC members agree to essentially raise output by an amount that isn’t expected to flood the market with crude......»»

Category: topSource: marketwatchJun 22nd, 2018

Futures Movers: Oil slips, can’t extend Friday’s OPEC-led price surge

Oil futures churn lower on Monday in a bout of consolidation after an announced OPEC-led production cut on Friday triggered a rally in prices for the session and the week......»»

Category: topSource: marketwatchDec 10th, 2018

Futures Movers: Oil declines, fails to extend Friday’s OPEC-led price surge

Oil futures move lower Monday in a bout of consolidation after an announced OPEC-led production cut on Friday triggered a rally in prices for the session and the week......»»

Category: topSource: marketwatchDec 10th, 2018

Futures Movers: Oil ends at a 1-week low after failing to extend Friday’s OPEC-led price surge

Oil futures settle at their lowest in roughly a week on Monday, in a bout of consolidation after an announced OPEC-led production cut on Friday triggered a rally in prices for the session and the week......»»

Category: topSource: marketwatchDec 10th, 2018

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: 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

U.S. oil futures end at highest since 2019 as OPEC+ agrees to keep production cuts in place

Oil futures ended higher on Thursday, with U.S. prices at their highest since April 2019, FactSet data show. The Organization of the Petroleum Exporting Countries and its allies decided to keep its production cuts in place through April at its meeti.....»»

Category: topSource: marketwatchMar 4th, 2021

Oil futures up nearly 5% on talk that OPEC+ is poised to extend production cuts

Oil futures rallied Thursday.....»»

Category: topSource: marketwatchMar 4th, 2021

Oil futures settle higher on talk of a potential rollover of OPEC+ output curbs

Oil futures settled higher on Wednesday, buoyed by some speculation that the Organization of the Petroleum Exporting Countries and its allies may decide to extend pr.....»»

Category: topSource: marketwatchMar 3rd, 2021