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Oil jumps amid hopes for further OPEC cuts, China factory growth

Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»

Category: topSource: reutersDec 2nd, 2019

Oil rises over 1% on hopes for deeper OPEC cuts, Chinese factory growth

Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»

Category: topSource: reutersDec 2nd, 2019

Oil jumps on Chinese factory growth, hopes for deeper OPEC cuts

Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»

Category: topSource: reutersDec 1st, 2019

OPEC+ likely to extend oil supply cuts until June: sources

OPEC and its allies are likely to extend existing oil output cuts when they meet next month until mid-2020, with non-OPEC oil producer Russia supporting Saudi Arabia's push for stable oil prices amid the listing of state oil giant Saudi Aramco......»»

Category: topSource: reutersNov 21st, 2019

Oil rises amid optimism over OPEC supply cuts, hopes on U.S.-China trade

Oil prices gained on Friday after OPEC's forecast for oil demand next year fueled hopes that the producer group and allies will maintain supply cuts when they meet to discuss policy on output next month......»»

Category: topSource: reutersNov 15th, 2019

Oil slips as U.S. stocks rise; prospect of OPEC action supports

Oil prices slipped toward $59 a barrel on Wednesday on data showing a bigger-than-expected rise in U.S. crude stocks, while the prospect of deeper output cuts by OPEC and its allies offered support......»»

Category: topSource: reutersOct 23rd, 2019

Oil dips as U.S. stocks rise; prospect of OPEC action supports

Oil prices declined on Wednesday, holding below $60 a barrel on data showing a bigger-than-expected rise in U.S. crude stocks, but the prospect of deeper output cuts by OPEC and its allies offered support......»»

Category: topSource: reutersOct 23rd, 2019

Oil prices rise as OPEC mulls deeper output cuts

Oil prices rose on Tuesday after China signaled progress in trade talks with the United States and OPEC and its allies mulled deeper production cuts, but gains were capped by forecasts of a buildup in U.S. crude stockpiles......»»

Category: topSource: reutersOct 22nd, 2019

Oil prices edge higher as OPEC hints at deeper output cuts

Oil prices rose on Wednesday, tracking gains in equities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and on signals from OPEC and its allies that further supply curbs could be possible......»»

Category: topSource: reutersOct 16th, 2019

Oil rises on hopes for deeper OPEC output cuts, U.S.-China trade talks

Oil prices climbed early on Friday, building on gains in the previous session, after producer club OPEC hinted at making deeper cuts in supply while optimism was revived over talks between the United States and China to end their trade war......»»

Category: topSource: reutersOct 11th, 2019

OPEC posts first 2019 oil-output rise despite Saudi cuts: Reuters survey

OPEC oil output has risen in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by top exporter Saudi Arabia and losses caused by U.S. sanctions on Iran, a Reuters survey found......»»

Category: topSource: reutersAug 30th, 2019

Oil prices rise on Iran tensions, OPEC output cuts

Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally......»»

Category: topSource: reutersJul 5th, 2019

Oil prices inch up on Iran tensions and OPEC cuts

Oil prices climbed on Friday, supported by tensions over Iran and a decision by OPEC and its allies to extend an output supply cut deal until next year, but mixed economic data limited the rally......»»

Category: topSource: reutersJul 5th, 2019

Oil prices rise after U.S. crude stockpile drop

Oil prices rebounded slightly on Wednesday after a steep fall in the previous session as OPEC and its allies' decision to extend output cuts was not enough to counter investors' concerns about the slowing global economy......»»

Category: topSource: reutersJul 3rd, 2019

Oil prices steady amid U.S. stockpile drop, OPEC supply cut extension

Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand......»»

Category: topSource: reutersJul 3rd, 2019

Oil prices steady on extended supply cuts, U.S. stocks draw

Oil prices edged higher on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand......»»

Category: topSource: reutersJul 2nd, 2019

OPEC and allies extend oil supply cut in bid to boost prices

OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday seeking to prop up the price of crude as the global economy weakens and U.S. production soars......»»

Category: topSource: reutersJul 2nd, 2019

Instant view: OPEC"s nine-month oil output curb boosts price outlook, shale

OPEC ministers on Monday agreed to extend the oil producers' group supply cuts until early 2020 to prop up crude prices and offset the risk of a market glut amid growing U.S. output and a weakening global economy......»»

Category: topSource: reutersJul 1st, 2019

Oil prices rise as U.S. stockpiles drop, OPEC agrees meeting date

Oil prices rose over 1 percent on Thursday as official data showed U.S. crude stocks fell more than expected and as OPEC and other producers finally agreed a date for a meeting to discuss output cuts......»»

Category: topSource: reutersJun 19th, 2019

Oil falls over 2% on weaker demand growth, gain in U.S. crude stocks

Oil prices fell more than 2% on Wednesday, weighed down by a weaker demand outlook and a rise in U.S. crude inventories despite expectations of extended supply cuts led by OPEC. David Pollard reports......»»

Category: videoSource: reutersJun 12th, 2019