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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: marketwatchMar 27th, 2017

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 extend recent gains, hint at fresh 3-year highs

Oil prices are on the rise as investors wait for news on supply from the American Petroleum Institute......»»

Category: topSource: marketwatchJan 9th, 2018

OPEC"s Strange Dilemma: Prices Rising Too High

OPEC is grappling with an unusual conundrum: Oil prices are going higher than it wants. A rise to $65 a barrel could undermine a fragile coalition of 24 oil-producing nations that says it is withholding almost 2% of global oil supply......»»

Category: asiaSource: wsjDec 17th, 2017

Oil prices dip on rising US fuel stocks; OPEC supply cuts support market

Traders said prices fell after a 9.2 million barrel rise in gasoline stocks in the week ended December 1.....»»

Category: topSource: business-standardDec 6th, 2017

Oil prices rise after Opec, allies agree to extend output cut until 2018

Gains are likely to be muted as inventories need to be cut further: Expert.....»»

Category: topSource: business-standardDec 1st, 2017

Oil slips from 2-year high amid doubts over OPEC meeting

A rising U.S. rig count and continuing uncertainty over OPEC’s strategy to extend supply cuts pushed oil prices lower following a week in which they hit their highest close in more than two years......»»

Category: topSource: moneycentralNov 27th, 2017

Futures Movers: Oil prices gain as fall in U.S. crude supply feeds bets for OPEC output-cut extension

Oil prices climb Wednesday as a weekly decline in U.S. crude supplies backs expectations that OPEC will decide to extend its output-cut deal when it meets with other major producers next week......»»

Category: topSource: marketwatchNov 22nd, 2017

Oil stable as U.S. crude inventories fall despite rising production

Oil prices held steady on Thursday as U.S. crude inventories fell despite a rise in production, while outside the United States an OPEC-led supply cut continued to tighten the market......»»

Category: topSource: foxnewsNov 2nd, 2017

Oil up as U.S. crude inventories fall despite rising production

Oil prices edged up on Thursday as U.S. crude inventories fell despite a rise in production, while outside the United States an OPEC-led supply cut continued to tighten the market......»»

Category: topSource: foxnewsNov 1st, 2017

Oil keeps gains, due to Iraq and drop in U.S. rigs

Oil prices largely held on to last week's gains early on Monday, supported by supply disruptions in Iraq and a drop in U.S. drilling. But, as Kate King reports, OPEC is still expected to extend it's current output deal......»»

Category: videoSource: reutersOct 23rd, 2017

Futures Movers: Oil holds tight trading range as traders weigh supply prospects

Oil prices stick to a tight trading range Tuesday, as traders weigh prospects for global supplies on the back of a rise in OPEC production last month and ahead of data that are expected to show a second-straight weekly decline in U.S. crude inventories......»»

Category: topSource: marketwatchOct 3rd, 2017

Oil prices to rise to $60 as OPEC likely to extend cuts: Ex-Saudi adviser

Saudi energy ministry official said in a speech in Washington on Monday.....»»

Category: topSource: business-standardSep 26th, 2017

Futures Movers: Oil prices fluctuate as uncertainty persists over OPEC production-cut extension

Crude prices fluctuated between gains and losses Friday while an OPEC meeting was under way amid uncertainty about whether major oil producers will extend a deal to limit supply......»»

Category: topSource: marketwatchSep 22nd, 2017

Oil prices steady ahead of OPEC meeting on supply cut extension

SEOUL (Reuters) - Oil prices held steady in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day......»»

Category: topSource: reutersSep 21st, 2017

Natural-gas prices extend losses as EIA reports U.S. supply rise of 97 billion cubic feet

Data from the U.S. Energy Information Administration on Thursday showed that domestic supplies of natural gas rose by 97 billion cubic feet for the week ended Sept. 15. Analysts and traders expected inventories to grow by 89 billion cub.....»»

Category: topSource: marketwatchSep 21st, 2017

Futures Movers: Oil climbs as U.S. crude supplies rise, but OPEC output-cut hopes prevail

Oil prices climb toward the highest levels in months Wednesday as expectations that OPEC will decide to extend its production-cut deal outweighed pressure from a third-straight weekly jump in U.S. crude supplies and a hefty rise in production......»»

Category: topSource: marketwatchSep 20th, 2017

Futures Movers: Oil prices head for 3-week low as supply worries persist

Oil futures head lower on Monday, with continued concerns over a supply glut keeping prices under pressure after reports last week showed a rise in OPEC oil production......»»

Category: topSource: marketwatchAug 14th, 2017

Oil dips on rising US crude inventories

Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers revived concerns of a fuel supply overhang......»»

Category: topSource: foxnewsJul 19th, 2017