Oil prices steady but set for weekly gain on supply cut optimism

Gold prices finish lower on Friday, easing back from a recent rise to a nearly six-week high, but weakness in the U.S. dollar helps the precious metal tally a third consecutive weekly advance......»»

Oil futures trade higher Friday, with the U.S. benchmark on track for a strong weekly gain as investors turn their focus toward supply cuts......»»

Oil futures trade higher Friday, with the U.S. benchmark on track for a strong weekly gain as investors turn their focus toward supply cuts......»»

Gold prices gain on Thursday, finding support even as stocks rallied as the latest weekly climb in U.S. jobless claims fed concerns over the ongoing economic impact of efforts to contain the COVID-19 pandemic......»»

Oil snapped a three-day gain as optimism over a nascent recovery in demand was replaced by worries about the supply glut, while the continued exodus of exchange-traded funds also weighed on sentiment......»»

U.S. oil futures finish higher on Friday to score a weekly gain as the market marks the official start date for production cuts under the recent agreement between major oil producers......»»

U.S. oil futures traded higher on Friday, poised for a weekly gain as the market marks the official start date for production cuts under the recent agreement between major oil producers......»»

U.S. oil futures erased an early decline to press higher Friday, extending this week’s bounce after plunging last month in the face of a growing global glut of crude caused by the COVID-19 pandemic......»»

Oil prices were mixed on Tuesday as optimism about the easing of coronavirus-related restrictions reassured markets, although traders remained cautious with storage capacities filling up fast and supply cuts not deep enough to counter falling demand......»»

Most Asian shares made gains while U.S. stock futures fell on Tuesday amid choppy trade as a renewed decline in oil prices partially offset optimism about the easing of coronavirus-related restrictions......»»

Oil futures on Friday head higher for a third s.....»»

Oil prices were broadly steady on Friday but headed for their third weekly loss as production shutdowns failed to keep pace with sliding demand due to the coronavirus crisis......»»

Oil prices rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with a coronavirus-driven collapse in global oil demand......»»

Oil prices posted their largest weekly gain o.....»»

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of almost 32%. Prices extended their Thursday rally on growing expectations that major oil .....»»

Gold futures gain ground Thursday, as another large jump in weekly first-time jobless claims prompted prices to post their first gain in five sessions......»»

Oil futures end higher Wednesday, giving up earlier declines as optimism surrounding the $2 trillion U.S. stimulus package eventually helped to calm worries about growing supply amid a price war between Saudi Arabia and Russia......»»

Oil prices on Friday posted their biggest week of losses since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply......»»

Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 5% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply......»»

Andrew Kelly/Reuters Stocks dropped for the second day in a row as coronavirus volatility dragged risk-asset prices deeper into correction territory. All major US indices declined as the outbreak's infection count passed 100,000 a.....»»