Oil prices steady but set for weekly gain on supply cut optimism
Oil prices were steady on Friday but are set for their first weekly gain in six weeks on the assumption major producers will implement deeper output cuts to offset slowing demand in China, the world's second-largest crude user......»»
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......»»
Futures Movers: Oil futures on track for first weekly gain in a month amid optimism on trade conflict
Oil futures are on track Friday to score their first weekly gain in a month as renewed trade talks set for next week between the U.S. and China help to lift prices to toward levels not seen since mid-December......»»
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......»»
Oil steady on supply optimism but economic worries loom
Oil prices steadied on Wednesday after climbing about 3 percent in the previous session on expectations that OPEC-led production cuts will tighten supply and that possible Chinese stimulus might help the global economy......»»
U.S. oil prices finish higher, lift weekly gain to more than 4%
Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of more than 4% as optimism surrounding progress toward a resolution of the U.S.-China trade dispute eased worries about energy.....»»
Demand keeps home supply tight, prices high in Northwest Indiana
Northwest Indiana continues to operate outside of national housing trends as a tight supply keeps home prices strong and sales numbers steady. Sales have dropped from this peak i.....»»
Gold prices fall for the session, post a third-weekly gain
Gold futures settled with a loss on Friday, but tallied a gain for the third week in a row. Prices for the metal declined for the session on "weekend profit taking" as well as disappointment over gold's "inability to break past" the key $1.....»»
Futures Movers: Oil prices extend slide on optimism around restoring Iran nuclear deal
Oil futures lose ground Thursday, with weakness attributed in part to signs negotiators are making progress toward a deal that would see the U.S. lift sanctions against Iran, returning a large source of supply to the market......»»
Futures Movers: Oil ends lower on renewed global growth fears, but tallies a monthly gain
Oil futures finish lower on Friday, with weakness tied to some worries over the global economic outlook, but prices tallied weekly, as well as monthly gains......»»
Oil ends higher for the session; traders continue to weigh supply and demand prospects
Oil futures shook off earlier weakness to finish with a gain on Wednesday. The Energy Information Administration had reported a 3.5 million-barrel fall in weekly U......»»
Oil prices gain on expectations OPEC+ will keep lid on output
OPEC+ last month surprised the market by agreeing to extend supply curbs.....»»
US stocks gain as lowest weekly jobless claims since the pandemic boost recovery optimism
Stocks recovered from early losses and fin.....»»
Futures Movers: Oil prices end lower as U.S. supply climbs a 4th week and after IEA deems supercycle unlikely
Oil futures end lower on Wednesday, after the U.S. government reported a fourth consecutive weekly climb in domestic crude inventories and International Energy Agency deemed a “supercycle” for the commodity unlikely......»»
Oil futures settle at highest since 2019, up over 7% for the week
Oil futures marked their highest settlement since 2019 on Friday, tallying a weekly gain of more than 7%, as prices extended their rise in the wak.....»»
Oil steady amid Texas supply disruptions, potential OPEC+ moves
Oil prices have run up strongly in recent months and supply disruptions caused by a historic winter storm in Texas.....»»
Metals Stocks: Gold prices inch higher, poised to register first weekly gain in 3 weeks
Gold futures inch higher Friday, with prices looking to register their first weekly gain in three weeks, after a reading on U.S. consumer sentiment revealed a drop to its lowest in six months......»»
Futures Movers: Oil prices move up, with U.S. prices on track for a nearly 3% weekly gain
Oil futures move up on Friday, looking to recoup a portion of the previous session's losses, to build on their overall gain for the week......»»
US stocks gain as stimulus optimism offsets the biggest jobless-claims surge since March
US stocks gained on Thursday as stimulus optimism offset a surge in weekly jobless claims to 965,000. REUTERS/John Gress US stocks gained on Thursday as a surge in weekly jobless claims was offset by optimism.....»»
Futures Movers: Oil posts a third straight gain as U.S. crude supply drop, Saudi output cut provide tailwind
Oil futures rise Thursday to post a third straight gain, buoyed byrecent data showed a larger-than-expected weekly drop in U.S. crude inventories......»»
U.S. oil prices eke out slight Christmas Eve gain but log first weekly loss in 2 months
Crude-oil futures settled slightly higher Thursday amid light-trading volumes in the last trading session before Christmas, with investors watching whether a U.S. fiscal package will be signed into law by President Trump. February West Texas Intermediate .....»»