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Oil prices rise on talk that OPEC could extend supply cut

SINGAPORE (Reuters) - Oil prices rose early on Tuesday on expectations that an OPEC-led production cut to prop up the market could be extended, and as strong demand was seen to slowly erode a global fuel supply overhang......»»

Category: topSource: reutersMar 20th, 2017

Futures Movers: Oil ends lower as crude producers fail to ease global supply angst

Oil prices finish lower, pressured by another weekly rise in the U.S. oil-rig count and uncertainty over whether OPEC will extend its production cuts into the second half of the year......»»

Category: topSource: marketwatch20 hr. 55 min. ago

Futures Movers: Oil prices rise moderately on hopes for more cuts from OPEC

On Thursday, OPEC sources said the cartel could extend the six-month deal to cut supply, or make more severe cuts, if oil stocks don’t drop by around 300 million barrels, according to a Reuters report......»»

Category: topSource: marketwatchFeb 17th, 2017

Oil futures end lower as U.S. crude supply rise outweighs support from OPEC talk

Oil futures ended lower Wednesday, pressured by data showing that U.S. crude inventories rose 5.3 million barrels for the week ended Nov. 11. However, prices found some support following a report indicating that Russia will support the Organization of the.....»»

Category: topSource: marketwatchNov 16th, 2016

Futures Movers: Oil prices fall as worries over global supply resurface

Crude oil futures push lower, in line with a pullback for assets across the globe spurred by U.S. political worries, but also after a rise in the U.S. oil rig count and after an OPEC meeting failed to impress investors......»»

Category: topSource: marketwatchMar 27th, 2017

U.S. oil hits November low as fresh glut fears overshadow OPEC cut talk

NEW YORK (Reuters) - Oil prices fell on Tuesday, with U.S. crude dropping to its lowest since November, as concerns about new supplies overshadowed the latest talk by OPEC that it was looking to extend output cuts beyond June......»»

Category: topSource: reutersMar 21st, 2017

Oil Rises on Talk of Extended OPEC Supply Cuts

Oil prices rose on Tuesday on expectations that an OPEC-led production cut to prop up the market could be extended......»»

Category: topSource: foxnewsMar 21st, 2017

Oil Falls 1% as Bullish Bets Fade with U.S. Output Rise

Oil prices fell more than 1 percent on Monday as investors made record cuts to bets on rising prices after strong drilling data from the United States fed concerns about the effectiveness of OPEC-led production cuts to curb a supply glut......»»

Category: topSource: foxnewsMar 20th, 2017

Oil Prices Steady, Heading for Modest Weekly Rise

Oil prices were largely steady on Friday, and looked set to finish the week with modest gains after losing almost 10 percent last week on concerns that an OPEC production cut was failing to reduce a global supply overhang......»»

Category: topSource: foxnewsMar 17th, 2017

Oil Prices Firm, Heading for Modest Weekly Rise

Oil prices firmed on Friday and looked set to finish the week with a modest gain after losing almost 10 percent last week on concerns that an OPEC production cut was failing to reduce a global supply overhang......»»

Category: topSource: foxnewsMar 17th, 2017

Oil prices mark time, set for small weekly rise

SEOUL (Reuters) - Oil prices were little changed in early Asian trade on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global supply overhang......»»

Category: topSource: reutersMar 17th, 2017

Oil Edges Off Three-Month Lows, Eyes on U.S. Inventory

Oil prices recovered modestly from three-month lows on Tuesday, with concerns persisting about rising U.S. inventories and few clear signs that OPEC will extend supply curbs beyond June......»»

Category: topSource: foxnewsMar 14th, 2017

Oil Firms as OPEC Floats Extended Output Cut

Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang......»»

Category: topSource: foxnewsFeb 17th, 2017

Oil firms as OPEC floats extended output cut; markets still bloated

SINGAPORE (Reuters) - Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang......»»

Category: topSource: reutersFeb 16th, 2017

Oil Rises After OPEC Hints at Deal Expansion

Oil prices rose on Thursday after OPEC sources said the group could extend its oil supply-reduction p.....»»

Category: topSource: marketpulseFeb 16th, 2017

Oil Prices Steady After Sharp Rise in U.S. Supply

Oil prices steadied on Thursday after a sharp rise in U.S. crude and gasoline stockpiles, although evidence that OPEC and other big exporters were cutting production helped support sentiment......»»

Category: topSource: foxnewsFeb 2nd, 2017

Oil Prices Rise as OPEC Output Cuts Drain Supply

Oil prices rose on Tuesday on evidence the global market was tightening as lower production by OPEC and other exporters drained stocks......»»

Category: topSource: foxnewsJan 24th, 2017

Oil Prices Rise on OPEC and Trump

Oil prices rose on Wednesday, following news of Saudi supply cuts to Asia, but persistent doubt over output reductions and.....»»

Category: topSource: marketpulseJan 11th, 2017

Oil prices rise as Saudi Arabia discusses supply cuts

LONDON (Reuters) - Oil prices rose on Thursday after Saudi Arabia started talks with customers about a reduction in crude sales to support a plan by OPEC to reduce global supply......»»

Category: topSource: reutersJan 5th, 2017

Oil Prices Rise in Anticipation of Tighter Market

Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices......»»

Category: topSource: foxnewsDec 19th, 2016

Oil prices rise in anticipation of tighter 2017 market

SINGAPORE (Reuters) - Oil prices inched up on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices......»»

Category: topSource: reutersDec 18th, 2016