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Oil prices surge 4 percent on OPEC-led output cuts of 1.2 million bpd

Oil prices jumped more than 4 percent on Friday as Saudi Arabia and other producers in OPEC, as well as allies like Russia agreed to reduce output to drain global fuel inventories and support the market......»»

Category: topSource: reutersDec 7th, 2018

Oil prices climb on OPEC-led cuts, but off session highs

Oil prices jumped more than 2 percent on Friday as Saudi Arabia and other producers in OPEC, as well as allies like Russia, agreed to reduce output to drain global fuel inventories and support the market......»»

Category: topSource: reutersDec 7th, 2018

Oil jumps 2 percent on expected OPEC production cuts

Oil prices rose more than 2 percent on Tuesday, extending gains ahead of expected output cuts by producer cartel OPEC and a reduction in Canadian supply......»»

Category: topSource: reutersDec 4th, 2018

Oil jumps 2 percent on expectations of production cuts

Oil prices rose more than 2 percent on Tuesday, extending gains ahead of expected output cuts by producer cartel OPEC and a mandated reduction in Canadian supply......»»

Category: topSource: reutersDec 4th, 2018

Oil up 1 percent on expectations of OPEC-led output cuts

Oil prices rose more than 1 percent on Tuesday, extending gains ahead of expected output cuts by producer cartel OPEC and a mandated reduction in Canadian supply......»»

Category: topSource: reutersDec 4th, 2018

Oil prices advance 1 percent on expectations of OPEC-led output cuts

Oil prices rose by more than 1 percent on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output......»»

Category: topSource: reutersDec 4th, 2018

Oil prices rally as OPEC and allies agree to cut output

Oil in London surged by as much as 5.4 percent as OPEC was said to have agreed on a larger-than-expected deal with its allies to reduce output......»»

Category: topSource: moneycentralDec 7th, 2018

Oil surges 5 percent as OPEC agrees output cut

Oil prices jumped more than 5 percent on Friday as big Middle East producers in OPEC agreed to reduce output to drain global fuel inventories and support the market......»»

Category: topSource: reutersDec 7th, 2018

Futures Movers: Oil prices are up modestly as Saudis still skeptical of OPEC coalition cuts

Oil prices crept higher in early Friday trading as Saudi Arabia said it remained skeptical of an agreement among major producers to cut output given Russia‚Äôs trepidation......»»

Category: topSource: marketwatchDec 7th, 2018

Oil slides as OPEC ties supply cut to Russia; Moscow said to only back limited move

Oil prices fell on Friday, pulled down by OPEC's move to delay a final decision on output cuts as its awaits support from heavyweight supplier Russia, which is reported to not want to reduce its output by more than 150,000 barrels per day (bpd)......»»

Category: topSource: reutersDec 7th, 2018

Oil drops as OPEC makes supply cut dependent on Russian support

Oil prices fell on Friday, pulled down by OPEC's decision to delay a final decision on output cuts, awaiting support from non-OPEC heavyweight Russia......»»

Category: topSource: reutersDec 6th, 2018

Oil firms on drop in U.S. crude stocks, market awaits OPEC/Russia supply decision

U.S. oil prices stabilized on Friday, buoyed by a fall in U.S. crude oil inventories, but sentiment remained weak as producer group OPEC postponed a final decision on output cuts, awaiting support from non-OPEC heavyweight Russia......»»

Category: topSource: reutersDec 6th, 2018

Oil Slides After OPEC Delays Decision on Level of Output Cuts

OPEC members on agreed to production curbs but will wait to hear from Russia before making a final decision on the exact amount the cartel would cut to address falling oil prices......»»

Category: topSource: wsjDec 6th, 2018

Futures Movers: Oil prices sink as Saudi official signals no pact yet at key OPEC gathering

Crude-oil prices plunged anew early Thursday amid a closely watched OPEC gathering in Vienna, where major producers have yet to reach an agreement on anticipated output cuts, according to an official......»»

Category: topSource: marketwatchDec 6th, 2018

OPEC oil cuts at risk as Russia yet to commit

OPEC and its allies are working towards cutting oil output by up to 1.5 million barrels per day but could fail to reach a deal if no compromise is found with non-OPEC Russia, the Saudi energy minister said on Thursday......»»

Category: topSource: reutersDec 6th, 2018

Oil rises more than 1 percent before OPEC meeting

Oil prices rose more than 1 percent on Wednesday ahead of a meeting of the world's biggest exporters who will discuss cutting output to help shore up prices and curb excess supply......»»

Category: topSource: reutersDec 5th, 2018

Oil rises as investors anticipate OPEC production cuts

Oil prices rose on Tuesday, extending gains ahead of expected output cuts by producer cartel OPEC and a reduction in Canadian supply......»»

Category: topSource: reutersDec 4th, 2018

Oil prices climb on expected OPEC-led production cuts

Oil prices rose on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output......»»

Category: topSource: reutersDec 4th, 2018

Oil prices extend gains on expected OPEC-led supply cuts

Oil prices rose on Tuesday, extending strong gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output......»»

Category: topSource: reutersDec 3rd, 2018

Oil prices extend gains on expected OPEC-led production cuts

Oil prices rose on Tuesday, extending strong gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output......»»

Category: topSource: reutersDec 3rd, 2018

Oil surges almost 4 percent on trade truce, expected supply cuts

Oil prices jumped nearly four percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada's Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply......»»

Category: topSource: reutersDec 3rd, 2018