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Oil slips to $71, hit by talk of higher OPEC+ production

Brent oil slipped to around $71 a barrel on Tuesday, pressured by expectations of higher U.S. inventories and concern about Russia's willingness to stick with OPEC-led supply cuts......»»

Category: topSource: reutersApr 16th, 2019

Futures Movers: OPEC confirms a 9-month extension to output curbs, supports charter to formalize producer alliance

Oil futures settle higher on Monday, then hold onto most those gains in electronic trading, after OPEC said it has officially agreed to extend production curbs by nine months and fully supports a charter to formalize its alliance with non-OPEC producers......»»

Category: topSource: marketwatchJul 1st, 2019

Oil edges higher as OPEC+ says to stay the course

Oil prices edged up to near multi-week highs on Monday as OPEC indicated it was likely to maintain production cuts that have helped boost prices this year, while escalating Middle East tensions provided further support......»»

Category: videoSource: reutersMay 20th, 2019

Futures Movers: U.S. oil prices settle higher, but global crude ends lower amid supply-demand uncertainty

Oil settles on a mixed note Monday, with U.S. crude up for the session but global benchmark prices shifting lower by the close as traders weigh signs that OPEC will decide to extend its production-cut agreement against ongoing worries about energy demand......»»

Category: topSource: marketwatchMay 20th, 2019

OPEC crude-oil output edges higher in April: S&P Global Platts

Crude-oil production by the Organization of the Petroleum Exporting Countries edged up by 30,000 barrels a day to 30.26 million barrels a day in April, accordi.....»»

Category: topSource: marketwatchMay 9th, 2019

Oil rises on tightening supplies; ample U.S. output caps gains

Oil prices edged higher on Wednesday, supported by ongoing OPEC-led supply cuts and a surprise fall in U.S. crude inventories, although gains were capped by strong U.S. production......»»

Category: topSource: reutersApr 18th, 2019

Futures Movers: Oil prices decline, look to post positive weekly return

Oil futures head lower on Friday, pulling back after ending higher for the month of February, as traders weigh data showing a drop in OPEC output to its lowest in four years against a backdrop weak U.S. economic data and record domestic production......»»

Category: topSource: marketwatchMar 1st, 2019

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

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 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

London Markets: FTSE 100 ends higher as oil shares gain

U.K. stocks closed higher after a choppy session on Wednesday, rebounding from the prior day’s selloff as energy companies tracked a rally in oil prices after reports OPEC will stick to its pledge to cut production......»»

Category: topSource: marketwatchMay 30th, 2018

Oil rebounds with boost from dollar as OPEC output fears ease

Oil took a breather from its week-long rout as the dollar’s rally faltered and concerns over higher OPEC production eased......»»

Category: topSource: moneycentralMay 30th, 2018

America’s Factories Have Shifted into Higher Gear

America’s Factories Have Shifted into Higher Gear US factories ramped up production in late April and early May despite the talk of a global trade war, but soft consumer spending kept the economy growing .....»»

Category: topSource: livetradingnewsMay 30th, 2018

Revised OPEC Production Quotas Won"t Derail Higher Oil Prices

Revised OPEC Production Quotas Won"t Derail Higher Oil Prices.....»»

Category: topSource: seekingalphaJun 1st, 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 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 climbs, but record U.S. crude output, higher OPEC supplies drag

SEOUL (Reuters) - Oil prices edged higher on Tuesday after falling nearly 2 percent in the previous session, but growing U.S. production and expectations of higher OPEC supplies continue to weigh on sentiment......»»

Category: topSource: reutersJun 4th, 2018

Futures Movers: Oil retreats as OPEC report shows a pickup in Saudi Arabian output

Crude-oil futures trade slightly lower early Tuesday as a report on monthly oil output from the Organization of the Petroleum Exporting Countries indicated higher production from the cartel led by swing producer Saudi Arabia......»»

Category: topSource: marketwatchJun 12th, 2018

The Wall Street Journal: Saudi production uptick drives rise in OPEC oil output

OPEC pumps more oil in May, driven by higher output from Saudi Arabia, according to monthly data from the cartel released Tuesday......»»

Category: topSource: marketwatchJun 12th, 2018

Saudi Arabia Drives Rise in OPEC Oil Output

OPEC pumped more oil last month driven by higher output from Saudi Arabia, the cartel’s de facto leader, which has for more than a year led a coalition of big producers in curbing production......»»

Category: topSource: wsjJun 12th, 2018

Futures Movers: U.S. oil slips as market weighs growing global demand against rising shale output

Crude-oil prices trade mixed on Wednesday, with a decline for the U.S. contract threatening to end a two-day uptrend as investors assess data signaling growing global appetite for crude against evidence of a pickup in OPEC production......»»

Category: topSource: marketwatchJun 13th, 2018