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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......»»

Category: topSource: reutersFeb 13th, 2020

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

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

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......»»

Category: topSource: marketwatchJan 4th, 2019

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

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......»»

Category: topSource: reutersJan 16th, 2019

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.....»»

Category: topSource: marketwatchJan 18th, 2019

Futures Movers: Oil prices steady though coronavirus surge stokes demand worries

Oil futures trade little changed early Tuesday, with pressure tied to continued worries a surge in COVID-19 cases in Europe and the U.S. will limit demand for crude. Meanwhile, a pickup in output by Libya is adding to supply-related worries......»»

Category: topSource: marketwatchOct 20th, 2020

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

Futures Movers: Oil slips on demand worries, but U.S. supply declines help solidify weekly price gains

Oil futures finish lower Friday, with pressure attributed in part to downbeat global demand forecasts from major organizations this week, but prices ended the week higher following declines in U.S. supplies......»»

Category: topSource: marketwatchAug 14th, 2020

Gold prices end Friday 2% lower but book more than 2% weekly gain to hold well above $2,000 mark

Gold futures f.....»»

Category: topSource: marketwatchAug 7th, 2020

Futures Movers: Oil prices at 4-month high as U.S. crude supply posts biggest decline of the year and OPEC+ tapers output cuts

Oil futures climb on Wednesday to mark their highest settlement in more than four months,buoyed by the biggest weekly decline in U.S. crude supplies so far this year, even as OPEC+ agrees to taper record production cuts starting next month......»»

Category: topSource: marketwatchJul 15th, 2020

Metals Stocks: Gold prices end lower, but tally a 5th straight weekly gain

Gold futures end lower on Friday, but hold ground above $1,800 an ounce to score a fifth weekly gain in a row as the spread of coronavirus continued to feed expectations for an economic slowdown, boosting the metal’s investment-haven appeal......»»

Category: topSource: marketwatchJul 10th, 2020