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Oil extends losses into second session; Russia, OPEC output in focus

Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight for market share, checking a recent sharp rally driven by tighter global production......»»

Category: topSource: reutersApr 15th, 2019

Futures Movers: Oil erases earlier gains to finish lower as demand worries prevail, even as OPEC output drops

Oil futures give up earlier gains on Monday to finish with a modest losses, pressured by prevailing worries over energy demand, despite a monthly drop in OPEC output......»»

Category: topSource: marketwatchOct 7th, 2019

Oil extends losses to near two-month low as economic gloom weighs

Oil fell more than 1% on Thursday, extending the week's losses as markets were pressured by concerns about weakening global economic growth and oil demand, as well as by signs of excess supply despite OPEC-led cuts......»»

Category: topSource: reutersOct 3rd, 2019

Oil prices recover on lower output from U.S., Russia, OPEC

Oil prices rebounded on Tuesday on reports that output from the world's largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns kept a lid on gains......»»

Category: topSource: reutersOct 1st, 2019

Oil prices recover after output from U.S., Russia, OPEC drop

Oil prices rebounded on Tuesday on reports that production at the world's largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns continued to keep a lid on prices......»»

Category: topSource: reutersOct 1st, 2019

Oil prices rebound on lower output from U.S., Russia, OPEC

Oil prices rebounded in early Asian trade on Tuesday after production at the world's largest oil producers fell in the third quarter, although demand concerns continued to keep a keep a lid on prices......»»

Category: topSource: reutersSep 30th, 2019

U.S. oil futures extend losses to a second session

Oil futures fell on Wednesday, after suffering a loss of nearly 6% a day earlier, pressured as Saudi Arabia's output levels looked to recover much sooner than expected and the U.S. government reported a weekly r.....»»

Category: topSource: marketwatchSep 18th, 2019

Oil extends drop as Saudi energy minister Prince Abdulaziz sees full return of oil output by month"s end

Losses for oil futures deepened on Tuesday, as Saudi Arabia's energy minister Prince Abdulaziz bin Salman said his nation's oil pr.....»»

Category: topSource: marketwatchSep 17th, 2019

Oil drops on reports that Russia made smaller-than-expected output cuts in August

Oil futures moved sharply lower on Friday after reports that Russian Energy Minister Alexander Novak said Russia's oil output cuts in August will be slightly smaller those agreed to under the deal between OPEC and non-OPEC produc.....»»

Category: topSource: marketwatchAug 30th, 2019

OPEC posts first 2019 oil-output rise despite Saudi cuts: Reuters survey

OPEC oil output has risen in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by top exporter Saudi Arabia and losses caused by U.S. sanctions on Iran, a Reuters survey found......»»

Category: topSource: reutersAug 30th, 2019

Crude futures mixed; WTI extends losses after U.S. oil products stocks gain

Oil prices were mixed on Thursday with U.S. crude extending losses after falling in the previous session after data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season......»»

Category: topSource: reutersJul 18th, 2019

Oil falls as U.S. resumes Gulf of Mexico output, boosts shale supplies

Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as U.S. shale production is set to rise to a record......»»

Category: topSource: reutersJul 16th, 2019

Oil prices climb as U.S. equities rally, rig count drops

Oil prices edged higher on Wednesday ahead of a U.S. holiday after a steep fall the previous session when worries about a slowing global economy outweighed a decision by OPEC and allies to extend crude output cuts......»»

Category: topSource: reutersJul 3rd, 2019

Oil prices rise after U.S. crude stockpile drop

Oil prices rebounded slightly on Wednesday after a steep fall in the previous session as OPEC and its allies' decision to extend output cuts was not enough to counter investors' concerns about the slowing global economy......»»

Category: topSource: reutersJul 3rd, 2019

Oil prices steady amid U.S. stockpile drop, OPEC supply cut extension

Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand......»»

Category: topSource: reutersJul 3rd, 2019

Oil prices steady on extended supply cuts, U.S. stocks draw

Oil prices edged higher on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand......»»

Category: topSource: reutersJul 2nd, 2019

Oil edges up after steep fall; OPEC cuts, stocks draw support

Oil prices edged higher on Wednesday, steadying after a more than 4% fall in the previous session, as extended output cuts by OPEC and its allies helped underpin prices despite growing concerns about weak demand......»»

Category: topSource: reutersJul 2nd, 2019

Oil falls on demand worries even as OPEC extends cuts

Oil prices slipped Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March......»»

Category: topSource: moneycentralJul 2nd, 2019

OPEC Extends Output Cut to Boost Oil Prices: Winners & Losers

Zacks.....»»

Category: topSource: redinewsJul 2nd, 2019

OPEC Extends Output Cut to Boost Oil Prices: Winners & Losers

Here's a rundown on the OPEC production cuts' big winners and losers. Want the latest recommendations from Zac.....»»

Category: smallbizSource: nytJul 2nd, 2019

OPEC and allies extend oil supply cut in bid to boost prices

OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday seeking to prop up the price of crude as the global economy weakens and U.S. production soars......»»

Category: topSource: reutersJul 2nd, 2019