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Futures Movers: Oil prices jump higher as IEA raises demand outlook

Oil futures on Wednesday trade sharply higher as the International Energy Agency's monthly report lifted its demand outlook for crude and as a U.S. report on inventories showed a drop in weekly stockpiles......»»

Category: topSource: marketwatchApr 14th, 2021

Futures Movers: Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices head lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline in crude inventories, and a bigger-than-expected climb in gasoline inventories......»»

Category: topSource: marketwatchApr 7th, 2021

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......»»

Category: topSource: marketwatchMar 17th, 2021

Futures Movers: Oil finishes at 1-year high after modest weekly decline in U.S. crude inventories

Oil futures climb on Wednesday to score another finish at the highest in a year, finding support from expectations that U.S. economic stimulus measures will boost energy demand and a modest weekly decline in U.S. crude inventories......»»

Category: topSource: marketwatchFeb 3rd, 2021

Futures Movers: Oil prices stay on track to settle at 1-year high after modest weekly decline in U.S. crude inventories

Oil futures climb on Wednesday, on track to score another finish at the highest in a year, finding support from expectations that U.S. economic stimulus measures will boost energy demand and a modest weekly decline in U.S. crude inventories......»»

Category: topSource: marketwatchFeb 3rd, 2021

Futures Movers: Oil prices rise for 2nd session in a row as President Biden takes office

Oil futures end higher Wednesday for a second straight session, as traders penciled in expectations for aggressive pandemic aid spending by the Biden administration......»»

Category: topSource: marketwatchJan 20th, 2021

Futures Movers: Oil prices extend gains on U.S. fiscal stimulus prospects as Biden inauguration looms

Oil futures advance Wednesday, building on gains scored the previous session as traders penciled in expectations for aggressive pandemic aid spending by the incoming Biden administration......»»

Category: topSource: marketwatchJan 20th, 2021

Futures Movers: Oil prices rise 2% as EIA shows weekly fall in crude stockpiles; Brexit deal seen near

Crude-oil futures take a sharper leg higher Wednesday morning after a report from the Energy Information Administration showed a drop in U.S. crude inventories......»»

Category: topSource: marketwatchDec 23rd, 2020

Why Micro-Cap Biopharma Axcella Health Is Surging Higher

Axcella Health Inc (NASDAQ: AXLA) shares were soaring Wednesday following a clinical readout from the company. read more.....»»

Category: blogSource: benzingaMay 6th, 2020

Futures Movers: Oil futures climb, with U.S. prices up more than 30%

Oil futures head higher on Wednesday, with U.S. benchmark prices rallying by more than 30% as government data showed a slightly smaller-than-expected weekly climb in domestic crude supplies, along with declines in gasoline stocks and oil production......»»

Category: topSource: marketwatchApr 29th, 2020

Futures Movers: Oil prices rebound from 21-year low; gasoline futures rally on smaller U.S. stock climb

Oil ends sharply higher on Wednesday as a rise in U.S.-Iran tensions and declines in U.S. crude output prompt a rebound from a 21-year low, and as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»

Category: topSource: marketwatchApr 22nd, 2020

Futures Movers: Oil prices rebound from 21-year low; U.S. gasoline stocks fall less than expected

Oil trades sharply higher on Wednesday, rebounding from a drop to a 21-year low, as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»

Category: topSource: marketwatchApr 22nd, 2020

Futures Movers: Brent oil attempts rebound in volatile trade after prices touch lowest level since around 1999 intraday

Oil futures trade mixed on Wednesday, with the energy complex attempting to stabilize itself amid persistent pressure centered on a dearth of places to put excess oil and a glut of the commodity being pumped by major producers......»»

Category: topSource: marketwatchApr 22nd, 2020

Futures Movers: Brent oil’s 12% skid on Wednesday puts it on pace for lowest levels since around 1999

Oil futures head sharply lower early Wednesday as the energy complex faced persistent pressure centered on a dearth of places to put excess oil and a glut of the commodity being pumped by major producers......»»

Category: topSource: marketwatchApr 22nd, 2020

Philadelphia biopharma firm shakes up its leadership

Philadelphia biopharmaceutical firm Oncoceutics Inc. said Wednesday its CEO and co-founder Wolfgang Oster has left the company as part of a leadership change. His departure, which also included stepping down from the company's board of directors, was.....»»

Category: topSource: bizjournalsApr 8th, 2020

Futures Movers: Oil prices finish higher as U.S. output declines ahead of potential OPEC+ production cuts

Oil prices finish higher Wednesday, buoyed by a weekly decline in U.S. crude production, as investors grow hopeful that major oil producers will agree to output cuts this week......»»

Category: topSource: marketwatchApr 8th, 2020

Futures Movers: Oil prices climb as U.S. output declines ahead of potential OPEC+ production cuts

Oil prices head higher Wednesday, buoyed by a weekly decline in U.S. crude production, as investors grow hopeful that major oil producers will agree to output cuts this week......»»

Category: topSource: marketwatchApr 8th, 2020

Futures Movers: Oil begins April on down note after worst month on record

Oil futures trade lower Wednesday, beginning April on a sour note as the COVID-19 pandemic destroys demand and a price war between Saudi Arabia and Russia promises to flood the world with unneeded crude......»»

Category: topSource: marketwatchApr 1st, 2020

Futures Movers: Oil prices end higher as move toward U.S. stimulus package fuels optimism

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......»»

Category: topSource: marketwatchMar 25th, 2020

Futures Movers: Oil retreats as supply fears outweigh U.S. stimulus package

Oil futures trade lower Wednesday, with worries about growing supply amid a price war between Saudi Arabia and Russia outweighing support from an agreement on a $2 trillion U.S. stimulus program......»»

Category: topSource: marketwatchMar 25th, 2020