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Oil extends losses into second session; Russia, OPEC output in focus

Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight for market share, checking a recent sharp rally driven by tighter global production......»»

Category: topSource: reutersApr 15th, 2019

Futures Movers: Oil futures rise after OPEC+ extends output cuts to July

Crude-oil futures head higher on Monday after OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July......»»

Category: topSource: marketwatchJun 8th, 2020

Stock futures continue rally, oil climbs above $40

Oil rose as OPEC, Russia and others agreed to extend record output cuts.....»»

Category: topSource: foxnewsJun 8th, 2020

Stock futures tread lightly after rally, oil climbs above $40

Oil rose as OPEC, Russia and others agreed to extend record output cuts.....»»

Category: topSource: foxnewsJun 8th, 2020

Stock futures continue rally as oil climbs above $40

Oil rose as OPEC, Russia and others agreed to extend record output cuts.....»»

Category: topSource: foxnewsJun 8th, 2020

Futures Movers: Oil futures point higher Sunday night after OPEC+ extends output cuts to July

Crude-oil futures were volatile in electronic trade Sunday night after OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July......»»

Category: topSource: marketwatchJun 8th, 2020

OPEC and allied nations extend nearly 10 million barrel per day oil output cut by a month

OPEC, Russia and allies were set on Saturday to extend record oil production cuts until the end of July after crude prices doubled in the past two months on the back of their efforts to withdraw almost 10% of global supplies from the market......»»

Category: topSource: marketwatchJun 6th, 2020

OPEC and allies to agree one-month extension to output cuts

OPEC and its allies led by Russia are "most likely" to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said......»»

Category: topSource: reutersJun 6th, 2020

Oil prices spike as OPEC+ nears output cut extension, job market rallies

The 23-member OPEC and its partners, led by Russia, are expected to approve an extension Saturday of the historic production cuts reached in April......»»

Category: topSource: foxnewsJun 5th, 2020

Futures Movers: U.S. oil futures pare losses as data shows high compliance with OPEC+ output cuts

Oil futures see mixed trading Thurs.....»»

Category: topSource: marketwatchJun 4th, 2020

Saudi, Russia agree oil cuts extension, raise pressure for compliance

OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month while raising pressure on countries with poor compliance to deepen their cuts, OPEC+ sources told Reuters......»»

Category: topSource: reutersJun 3rd, 2020

Saudi, Russia reach deal on oil cuts, raising pressure for compliance

OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month while raising pressure on countries with poor compliance to deepen their cuts, OPEC+ sources told Reuters......»»

Category: topSource: reutersJun 3rd, 2020

Saudi, Russia reach deal on oil cuts, raising pressure on laggards

OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil production cuts by one month while raising pressure on countries with poor compliance to deepen their output cuts, OPEC+ sources told Reuters......»»

Category: topSource: reutersJun 3rd, 2020

Oil steady; U.S.-China tensions weigh, possible output cuts support

Oil futures steadied on Monday as rising U.S.-China tensions weighed on sentiment, but prices drew support from reports that OPEC and Russia were close to a deal extending output cuts......»»

Category: topSource: reutersJun 1st, 2020

Oil drops as U.S.-China tension escalates

Oil futures edged lower on Monday as rising U.S.-China tensions weighed on market sentiment, but reports that OPEC and Russia were close to a deal extending output buoyed prices......»»

Category: topSource: reutersJun 1st, 2020

Oil falls as U.S.-China tension escalates

Oil fell on Monday on worries about renewed tensions between the United States and China, although reports that OPEC and Russia were closer to a deal on extending oil output cuts lent some support to prices......»»

Category: topSource: reutersJun 1st, 2020

Oil steady as OPEC+ considers extension to output curbs

Oil prices were steady on Monday helped by reports that OPEC and Russia were closer to a deal on extending oil cuts but held back by renewed tension between the United States and China......»»

Category: topSource: reutersJun 1st, 2020

Oil prices rise on Saudi voluntary cuts

Oil prices rose on Monday, recovering earlier losses on news that leading exporter Saudi Arabia will reduce its output by 1 million barrels per day (bpd) on top of reductions agreed under an OPEC+ supply pact......»»

Category: topSource: reutersMay 11th, 2020

Oil prices rise after sharp losses caused by U.S. stockpile surge

Oil prices rose on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand......»»

Category: topSource: reutersApr 16th, 2020

Oil prices recover from sharp losses caused by U.S. stockpile surge

Oil prices ticked up on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand......»»

Category: topSource: reutersApr 16th, 2020

Oil edges higher after hitting 18-year lows but demand outlook weighs

Oil edged higher on Thursday following sharp losses in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand......»»

Category: topSource: reutersApr 16th, 2020