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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

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

Oil dips on rising U.S. crude inventories, high OPEC supplies

SINGAPORE (Reuters) - Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high supplies from producer club OPEC revived concerns of a fuel supply overhang......»»

Category: topSource: reutersJul 18th, 2017

Oil dips on OPEC supply rise, but political risk supports

SINGAPORE (Reuters) - Oil dipped on Wednesday, pulled down by another rise in OPEC supplies despite a pledge to cut production, but geopolitical tensions in the Korean peninsula and the Middle East put a floor under prices......»»

Category: topSource: reutersJul 5th, 2017

Oil prices rise on first drop in U.S. drilling in months

Oil prices rose on Monday, lifted by the first fall in U.S. drilling activity in months, although gains were capped by reports of rising OPEC output last month even as the group has pledged to cut supply......»»

Category: topSource: moneycentralJul 3rd, 2017

Oil prices rise on first drop in U.S. drilling in months

Oil prices rose on Monday, lifted by the first fall in U.S. drilling activity in months, although gains were capped by reports of rising OPEC output last month even as the group has pledged to cut supply......»»

Category: topSource: moneycentralJul 3rd, 2017

Oil prices rise on first drop in U.S. drilling in months

SINGAPORE (Reuters) - Oil prices rose on Monday, lifted by the first fall in U.S. drilling activity in months, although gains were capped by reports of rising OPEC output last month even as the group has pledged to cut supply......»»

Category: topSource: reutersJul 2nd, 2017

UAE Energy Minister, “No talk about further OPEC supply cuts”

UAE Energy Minister, “No talk about further OPEC supply cuts” $OIL OPEC and allied non-OPEC producers agreed on 25 May to extend an existing supply curb into Y 2018 There is no talk of fu.....»»

Category: topSource: livetradingnewsJul 2nd, 2017