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Oil ticks up as rising crude stocks are offset by products demand

Oil prices rose slightly on Friday as concern over an economic slowdown in China, the world's biggest oil consumer, was countered by bullish signals from both the Chinese and U.S. refining sectors......»»

Category: topSource: reutersOct 18th, 2019

Oil dips after U.S. stock build, but demand hopes support

Oil retreated on Wednesday after rising more than 1% in the previous session as U.S. industry data showed a surprise build in crude stocks, but hopes for firmer demand next year checked a deeper fall in prices......»»

Category: topSource: reutersDec 17th, 2019

Oil extends gains despite weak demand outlook

Oil prices extended their gains on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand......»»

Category: topSource: reutersOct 24th, 2019

Oil edges higher, but weak demand outlook weighs

Oil prices climbed on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand......»»

Category: topSource: reutersOct 24th, 2019

Oil edges up on U.S. stocks fall, Mideast tensions, trade talk signs

Oil prices nudged higher on Wednesday on rising tensions over Iran, a sharp fall in U.S. crude stocks and positive signs on Sino-U.S. talks, although worries about weak demand kept a cap on gains......»»

Category: topSource: reutersJul 24th, 2019

Crude futures mixed; WTI extends losses after U.S. oil products stocks gain

Oil prices were mixed on Thursday with U.S. crude extending losses after falling in the previous session after data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season......»»

Category: topSource: reutersJul 18th, 2019

Crude futures steady after fall on U.S. oil products stocks gain

Oil prices steadied on Thursday after falling in the previous session when official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season......»»

Category: topSource: reutersJul 17th, 2019

Crude futures fall after strong build in U.S. oil products stocks

Oil prices fell on Thursday, extending declines into a fourth day, after official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season......»»

Category: topSource: reutersJul 17th, 2019

Stocks edge higher as crude oil gains

NEW YORK - A gauge of global equities edged higher on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares......»»

Category: topSource: reutersApr 8th, 2019

Stocks mostly flat on profit concerns, oil gains

NEW YORK - A gauge of global equities was mostly flat on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares......»»

Category: topSource: reutersApr 8th, 2019

Crude Oil Price Rises on Drop in Inventories, Ignoring Big Increases in Gas, Diesel Stocks

U.S. crude oil inventories fell more than expected but production of gasoline and distillates more than offset the drop. Exports of both crude and refined products rose sharply in the week as well......»»

Category: blogSource: 247wallstJun 20th, 2018

Healthcare Stocks Earnings Due on Aug 6: EVHC, THC, BKD

Increased demand for healthcare products and service partly offset.....»»

Category: worldSource: nytAug 3rd, 2018

China worries send stocks down, rising supply hits oil

Global stock markets tumbled on Monday after Caterpillar and Nvidia Corp warned of weak Chinese demand while oil headed for its biggest one-day drop in a month on expectations of growing U.S. crude supply......»»

Category: topSource: reutersJan 28th, 2019

China worries slam stocks, rising supply hits oil

Global stock markets tumbled on Monday after Caterpillar and Nvidia Corp warned of weak Chinese demand while oil posted its biggest one-day drop in a month on expectations of growing U.S. crude supply......»»

Category: topSource: reutersJan 28th, 2019

Oil prices steady as coronavirus-related demand concerns weigh

Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China was offset by expectations that output cuts from major producers will tighten crude supply......»»

Category: topSource: reutersFeb 17th, 2020

Oil prices steady but set for weekly gain on supply cut optimism

Oil prices were steady on Friday but are set for their first weekly gain in six weeks on the assumption major producers will implement deeper output cuts to offset slowing demand in China, the world's second-largest crude user......»»

Category: topSource: reutersFeb 13th, 2020

Oil rises for third day as coronavirus impact may spur output cuts

Oil prices rose for a third day on expectations that major producers are likely to enact deeper output cuts to offset the slump in demand caused by the coronavirus outbreak in China, the world's second-largest crude consumer......»»

Category: topSource: reutersFeb 12th, 2020

USDA cuts US soybean stocks view on stronger exports to China

U.S. soybean supplies will be smaller than previously expected due to rising export demand from China, the government said on Tuesday......»»

Category: topSource: foxnewsFeb 11th, 2020

Stocks surge to record highs on hopes virus is peaking, gold ebbs

Key U.S. and European stock indexes surged to fresh records on Tuesday after China's senior medical adviser suggested the deadly coronavirus may be over in April, a rosy outlook that helped crude prices to rebound on renewed Chinese demand......»»

Category: topSource: reutersFeb 11th, 2020

Oil slides as demand fears outweigh hopes for bigger OPEC+ cuts

Oil prices edged lower on Tuesday as fears that energy demand would take a long-term hit from the coronavirus outbreak offset prospects for more cuts in crude production from OPEC and its allies......»»

Category: topSource: reutersFeb 4th, 2020

Oil prices rebound, fueled by hopes for OPEC+ supply cuts

Oil prices clawed back ground on Tuesday, rising 1% after the previous session's slump, amid hopes for new production curbs by OPEC and its allies to offset any drop in future fuel demand that might be triggered by China's coronavirus outbreak......»»

Category: topSource: reutersFeb 4th, 2020