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Oil prices rise on ongoing Venezuelan supply trouble

SINGAPORE (Reuters) - Oil prices rose on Friday, driven up as Venezuela struggles to meet its supply obligations and by ongoing voluntary output cuts led by producer cartel OPEC......»»

Category: topSource: reutersJun 7th, 2018

Oil prices rise on Venezuelan supply troubles, but U.S. output surges

BEIJING (Reuters) - Oil prices rose on Thursday to shake off some of the previous session's losses, supported by plunging exports by OPEC-member Venezuela......»»

Category: topSource: reutersJun 6th, 2018

NewsWatch: Oil battered anew on concerns about Russia, OPEC supply rise

Concerns about rising global oil production was weighing on prices anew on Monday, as investors also took in news of another gain in rig counts in the U.S......»»

Category: topSource: marketwatchMay 28th, 2018

Futures Movers: Oil battered anew on concerns about Russia, OPEC supply rise

Concerns about rising global oil production was weighing on prices anew on Monday, as investors also took in news of another gain in rig counts in the U.S......»»

Category: topSource: marketwatchMay 28th, 2018

Futures Movers: Oil posts hefty loss for the week as OPEC, Russia talk output increase

Oil prices plunge Friday as reports say OPEC and Russia are considering lifting production by as much as 1 million barrels a day to meet the shortfall in supply from Iran and Venezuela......»»

Category: topSource: marketwatchMay 25th, 2018

Futures Movers: Oil drops to multiweek low as OPEC, Russia talk output increase

Oil prices plunge Friday as reports say OPEC and Russia are considering lifting production by as much as 1 million barrels a day to meet the shortfall in supply from Iran and Venezuela......»»

Category: topSource: marketwatchMay 25th, 2018

Futures Movers: Oil loses ground as OPEC reportedly weighs output rise

Oil futures trade lower on talk the Organization of the Petroleum Exporting Countries could move next month to boost output to make up for a Venezuelan production shortfall and potential lost supply from Iran......»»

Category: topSource: marketwatchMay 23rd, 2018

Commodities Corner: Here’s what sanctions on Iran could do to global oil supply and prices

The U.S. will decide by May 12 whether to extend waivers on economic sanctions against Iran. If it doesn’t, the global market could lose about one million barrels of oil a day, fueling a rise in prices......»»

Category: topSource: marketwatchMay 4th, 2018

Natural-gas prices extend losses as EIA reports first weekly supply rise of the season

The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 62 billion cubic feet for the week ended April 2.....»»

Category: topSource: marketwatchMay 3rd, 2018

Petrol prices at all time high; high diesel prices hurt garment industry

The sudden hike in prices of diesel and petrol, along with a rise in crude oil prices, was due to the ongoing supply cut of oil by the OPEC.....»»

Category: topSource: business-standardApr 24th, 2018

European Natural Gas War Heats Up As Prices Rise

Authored Liubov Georges via OilPrice.com, Europe’s liquefied natural gas imports have surged sixteen percent (from 40.9 bcm in 2016 to 47.4 bcm in 2017) to become the third largest source of gas supply after Russia and.....»»

Category: blogSource: zerohedgeJun 14th, 2018

‘Not good!’: Trump renews his criticism of OPEC for ‘too high’ oil prices

The president criticized the oil cartel on Twitter in advance of its meeting to discuss easing supply caps......»»

Category: topSource: washpostJun 13th, 2018

Futures Movers: Oil tilts toward weekly loss as traders mull potential OPEC summit outcomes

Oil prices fall on Friday, tilting a bit lower for the week as traders weigh potential outcomes for an OPEC meeting later this month against persistent concerns about crude supply from Iran and Venezuela......»»

Category: topSource: marketwatchJun 8th, 2018

Crude Oil Prices at Risk as Risk Appetite Sours Before G7 Summit

DailyFX com CRUDE OIL amp GOLD TALKING POINTS Crude oil prices rise as markets weigh OPEC production outlook Gold prices locked in place as US Dollar Treasury yields diverge Defensive pre positioning for G7 summit may drive risk.....»»

Category: futuresSource: nasdaqJun 8th, 2018

Oil prices stable on Venezuelan supply trouble, but surging U.S. supply looms

SINGAPORE (Reuters) - Oil prices were stable on Friday, supported by Venezuela's struggles to meet its supply obligations and by ongoing output cuts led by producer cartel OPEC, although surging U.S. crude output was looming over markets......»»

Category: topSource: reutersJun 8th, 2018

Market Extra: Oil bulls shouldn’t fear OPEC output boost — the market really needs it, says Goldman’s Currie

If OPEC doesn’t lift production at its June 22-23 meeting, there’s a risk oil prices could rise so high it’ll create a recession, Goldman Sachs’s chief commodity analyst says......»»

Category: topSource: marketwatchJun 6th, 2018

Oil down as U.S. supply grows, OPEC considers higher output

LONDON (Reuters) - Oil prices fell on Monday as U.S. production hit a record high and OPEC members considered boosting supply......»»

Category: topSource: reutersJun 4th, 2018

Oil down as U.S. supply grows, OPEC mulls higher output

LONDON (Reuters) - Oil prices fell on Monday as U.S. production hit a record high and as OPEC members considered boosting supply......»»

Category: topSource: reutersJun 4th, 2018

Oil steady as extra U.S. supply balances strong demand

LONDON (Reuters) - Oil prices steadied on Monday as U.S. production hit a record-high and OPEC members considered boosting supply to balance rising global demand......»»

Category: topSource: reutersJun 4th, 2018

Oil prices dip after rally, OPEC supply decision in focus

Global inventories have been broadly falling, but U.S. crude stockpiles rose by 1 million barrels in the past week......»»

Category: topSource: foxnewsMay 31st, 2018