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Oil prices stabilize, set for weekly gain on hopes for supply cut

Oil prices were steady on Friday, but set for their first weekly gain in six weeks on the assumption that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic......»»

Category: topSource: reutersFeb 14th, 2020

Oil finishes higher, with U.S. prices up 0.9% for the week

U.S. oil futures rose Friday to tally a weekly gain of 0.9% after dipping into a bear market earlier this week. Hopes for progress in U.S.-Mexico trade talks, days ahead of potential tariffs on Mexican goods, as well as expectati.....»»

Category: topSource: marketwatchJun 7th, 2019

Oil set for weekly gain on threat of Mideast supply disruptions

Oil prices steadied on Friday, with both benchmarks on track for a weekly gain on rising concerns over potential further supply disruptions in Middle East shipments due to U.S.-Iran political tensions......»»

Category: topSource: reutersMay 17th, 2019

Futures Movers: Oil heads for a more than 2% weekly gain with OPEC committee set to meet

Oil futures are mixed Friday, with U.S. prices up a fourth straight session, on track for a weekly gain of more than 2%, as any potential demand worries tied to stock-market volatility were offset by supply concerns linked to Middle East tensions......»»

Category: topSource: marketwatchMay 17th, 2019

Oil prices fall, but on track for weekly gain

Oil prices fell on Friday, with Brent slipping away from the $70 mark after briefly rising above that level in the previous session, hurt by supply concerns and worries about progress in U.S.-China trade talks......»»

Category: topSource: reutersApr 5th, 2019

Oil set for weekly gain on supply cuts, strong demand

LONDON (Reuters) - Oil prices were set for a second consecutive week of gains on Friday, buoyed by tightening supplies and continued support from OPEC and its allies on supply cuts......»»

Category: topSource: reutersApr 20th, 2018

Futures Movers: Oil on track for weekly gain as concerns about Iran, Venezuela supply persist

Oil prices make modest moves on Friday, but stay on track to notch a weekly gain as concerns about crude supply from Iran and Venezuela persist......»»

Category: topSource: marketwatchJun 8th, 2018

Futures Movers: Oil marks a fourth climb, with U.S. prices tallying a year-to-date gain of more than 20%

Oil ends higher for a fourth straight session on Friday, booking strong weekly, monthly, quarterly and first-half of the year gains as long-running efforts by OPEC, anticipated increases in demand and supply disruptions combined to thrust prices higher......»»

Category: topSource: marketwatchJun 29th, 2018

Futures Movers: Oil prices climb, set for weekly gain ahead of oil-producer gathering

Oil prices rose early Friday, hovering near multiyear highs, ahead of a meeting between major producers where it is expected that production levels will be discussed in anticipation supply disruptions......»»

Category: topSource: marketwatchSep 21st, 2018

Futures Movers: Oil prices rise after a 2-session decline as global stocks stabilize, supply in focus

Oil futures rise Friday as global investors assess the next leg for volatile stock markets, but signs of rising crude supplies contribute to an overall weekly loss of roughly 4%......»»

Category: topSource: marketwatchOct 12th, 2018

Oil prices dip on swelling U.S. supply; OPEC output cuts loom

Oil prices slipped on Friday after the United States reported a 10th straight weekly gain in commercial crude reserves amid record output......»»

Category: topSource: reutersNov 29th, 2018

Oil hits 2019 highs on U.S.-China trade hopes, but U.S. output weighs

Oil prices touched their highest since mid-November on Friday and posted weekly gains for the second week in a row, boosted by hopes that U.S.-China trade talks would soon produce a deal, although new record U.S. oil supply limited gains......»»

Category: topSource: reutersFeb 22nd, 2019

Oil prices notch a second straight weekly climb

Oil futures ended a bit lower on Friday, but scored a second straight weekly gain. Concerns that the global rise in COVID-19 cases will spur new economic shutdowns that lead to lo.....»»

Category: topSource: marketwatchOct 16th, 2020

Futures Movers: Oil prices fall as U.S. benchmark clings to weekly gain

Oil futures trade lower Friday, with the U.S. benchmark clinging to a small weekly gain, as an accelerating rise in COVID-19 cases in the U.S. and Europe heightens worries about demand for crude......»»

Category: topSource: marketwatchOct 16th, 2020

U.S. oil futures climb as U.S. supplies fall a third week, but prices end lower for the month

U.S. oil futures rose on Wednesday after the U.S. government reported a third straight weekly decline in crude supplies. Prices, however, ended lower for the month and tallied a modest quarterly gain as COVID-19 continued to feed concern.....»»

Category: topSource: marketwatchSep 30th, 2020

Futures Movers: Oil futures log biggest weekly gain since June

Oil futures split paths for the session on Friday, with U.S. prices up modestly and global prices slightly lower but both benchmarks logging their biggest weekly gain since June after major oil producers pledged their full commitment to output cuts......»»

Category: topSource: marketwatchSep 18th, 2020

Metals Stocks: Gold futures tally a second straight weekly gain

Gold futures finish higher Friday to tally a second weekly gain in a row, though prices only scored a modest boost from Federal Reserve policy that signals a lower-for-longer path for interest rates for the next three to four years......»»

Category: topSource: marketwatchSep 18th, 2020

Metals Stocks: Gold futures climb, headed for a second weekly gain

Gold futures rise Friday, headed for a second weekly gain in a row, even as prices failed to score a big boost from Federal Reserve policy that signals a lower-for-longer path for interest rates for the next three to four years......»»

Category: topSource: marketwatchSep 18th, 2020

Oil prices higher, but remain on track for weekly losses as jitters grow over demand

Oil prices gain ground Friday, but remain on track to log losses for the week on concerns over prospects for demand......»»

Category: topSource: marketwatchSep 4th, 2020

Futures Movers: Oil prices edge lower, but tally a weekly gain after Hurricane Laura spares refineries

Oil futures end modestly lower Friday, but tally a weekly gain a day after Hurricane Laura made landfall on the Gulf Coast as a Category 4 storm but spared refineries from extensive damage......»»

Category: topSource: marketwatchAug 28th, 2020

Metals Stocks: Gold prices inch higher to halt skid, but mark first back-to-back weekly fall since March

Gold futures eke out a tiny gain on Friday to halt a third consecutive slide, but the precious metal’s advance for the day wasn’t sufficient to avoid its first back-to-back weekly declines since the COVID-19 pandemic began in March......»»

Category: topSource: marketwatchAug 21st, 2020