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Oil prices stabilize, set for weekly gain on hopes for supply cut

Oil prices were steady on Friday, but set for their first weekly gain in six weeks on the assumption that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic......»»

Category: topSource: reutersFeb 14th, 2020

Asia stocks set to gain after recovery hopes push Wall Street higher

Asian stocks were set to climb on Tuesday as confidence in an economic recovery pushed the Nasdaq benchmark to a record high, although doubts about crude supply cuts were likely to keep oil prices under pressure......»»

Category: topSource: reutersJun 8th, 2020

Oil rises over 1% on hopes demand will rebound from coronavirus effect

Oil prices rose over 1% on Friday, posting their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown......»»

Category: topSource: reutersFeb 14th, 2020

Oil rises nearly 1% on hopes demand will rebound from coronavirus effect

Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown......»»

Category: topSource: reutersFeb 14th, 2020

Oil rises 1% on hopes demand will rebound from coronavirus effect

Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown......»»

Category: topSource: reutersFeb 14th, 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 prices down but log third weekly rise on trade hopes

Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth......»»

Category: topSource: reutersDec 20th, 2019

Oil prices sink but on track for third weekly rise on trade hopes

Oil fell on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth......»»

Category: topSource: reutersDec 20th, 2019

Oil falls but on track for third weekly rise on trade hopes

Oil was down about 1% on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-China trade tensions, which has boosted business confidence and the outlook for global economic growth......»»

Category: topSource: reutersDec 20th, 2019

Oil prices stabilize, but set for big weekly loss amid trade gloom, rising output

Oil prices steadied on Friday after a rough week, squeezed about 4% lower by a combination of rising global supply and uncertain future demand......»»

Category: topSource: reutersOct 31st, 2019

Oil prices clock strong weekly gains on trade hopes, crude supply

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Category: topSource: reutersOct 25th, 2019

Futures Movers: Oil prices make modest moves, on track for a weekly gain

Oil futures make modest moves Friday, seesawing between modest gains and losses, as concerns over a slowdown in energy demand persist, but renewed supply concerns keep prices on track for a weekly gain......»»

Category: topSource: marketwatchOct 25th, 2019

Oil heads for weekly gain of more than 7% after Saudi attacks

Oil prices rose about 1% on Friday, with Brent set for its biggest weekly gain since January, lifted by rising Middle East tensions and supply concerns after an attack on Saudi Arabia's energy industry last weekend......»»

Category: topSource: reutersSep 20th, 2019

Oil heads for 7% weekly gain after Saudi attacks

Oil prices were on track for their biggest weekly jump since January, lifted by rising Middle East tensions after a key Saudi Arabian supply hub was knocked out by an attack last weekend......»»

Category: topSource: reutersSep 20th, 2019

Asian shares gain on economy hopes, oil edges up on Mideast tensions

Asian share prices inched higher on Friday as economic stimulus around the world eased fears of economic deceleration while crude oil prices climbed on concerns that last weekend's attacks on Saudi Arabia's oil facilities still pose supply risks......»»

Category: topSource: reutersSep 19th, 2019

Oil prices fall but set for big weekly gain on trade dispute hopes

Oil gave back some of its recent gains on Friday, but was still headed for the biggest weekly increase since early July, boosted by a decline in U.S stocks, a looming hurricane in Florida and an easing of Sino-U.S. trade rhetoric......»»

Category: topSource: reutersAug 30th, 2019

Oil set for biggest weekly gain since July on trade dispute hopes

Oil prices on Friday were set for their biggest weekly gains since early July, boosted by a decline in U.S inventories and a looming hurricane in Florida, while new signs of trade talks between the United States and China emerged......»»

Category: topSource: reutersAug 30th, 2019

Futures Movers: Oil prices post a gain as EIA reports biggest U.S. crude supply decline in 5 weeks

Oil futures post a gain on Wednesday after U.S. government data reported a weekly drop in U.S. crude supplies—the largest in five weeks—along with declines in petroleum products, which helped to ease concerns surrounding a slowdown in demand......»»

Category: topSource: marketwatchAug 28th, 2019

Oil slips, but still propelled to gain for week as Mideast tensions grow

Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global growth......»»

Category: topSource: reutersJun 21st, 2019

Oil prices dip, still set for weekly gains amid Mideast tensions, rate cut hopes

Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global growth......»»

Category: topSource: reutersJun 21st, 2019

Oil prices extend gains amid Middle East tensions, rate cut hopes

Oil prices rose on Friday, with Brent crude heading for its first weekly gain in five weeks on tensions in the Middle East after Iran shot down a U.S. military drone and on hopes for a drop in U.S. interest rates that may stimulate global growth......»»

Category: topSource: reutersJun 20th, 2019