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USO: In Spite Of Trade Talk Optimism That Pushed Crude Future Prices Higher, Oil Markets Remain Oversupplied

USO: In Spite Of Trade Talk Optimism That Pushed Crude Future Prices Higher, Oil Markets Remain Oversupplied.....»»

Category: topSource: seekingalphaNov 8th, 2019

Stocks, oil prices edge up on trade talk optimism

Oil prices and a gauge of global stock markets edged higher on Tuesday, lifted by fresh record highs on Wall Street after U.S. President Donald Trump said the United States and China were close to agreeing on the first phase of a trade deal......»»

Category: topSource: reutersNov 26th, 2019

Global stocks edge higher; oil, dollar gain on trade hopes

The U.S. dollar and crude prices rose on Tuesday, spurred by continuing optimism a U.S.-China trade deal may be near, while a rally in global equity markets edged higher after China pressed U.S. President Donald Trump to remove recently imposed tariffs......»»

Category: topSource: reutersNov 5th, 2019

Stock rally stalls, oil and dollar march higher on trade hopes

The U.S. dollar and crude prices rose on Tuesday, spurred by ongoing optimism a U.S.-China trade deal may be near, but a rally in global equity markets stalled as China pressed U.S. President Donald Trump to remove recently imposed tariffs......»»

Category: topSource: reutersNov 5th, 2019

Oil surges 5% on U.S.-China trade optimism, falling crude output

Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains, on hopes that the U.S.-China trade deal would remain intact and on falling crude production......»»

Category: topSource: reutersMay 29th, 2020

Dollar edges higher against oil currencies as energy markets shaken

The dollar pushed ahead against the currencies of oil producers on Thursday as a rebound in crude prices from an unprecedented collapse only partially calmed markets unnerved by the massive coronavirus-led drop in global demand......»»

Category: topSource: reutersApr 22nd, 2020

Futures Movers: U.S. oil prices under pressure as U.S. stimulus package fails to dispel fears of demand crunch

Oil futures trade on a mixed note Thursday, with global crude prices edging higher, but U.S. oil prices down as traders remain focused on the hit to demand from the global COVID-19 pandemic......»»

Category: topSource: marketwatchMar 26th, 2020

Oil held in check as Chinese economy offsets trade optimism

Oil prices edged higher on Friday but were little changed on the week as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal......»»

Category: topSource: reutersJan 17th, 2020

Oil ends week steady as China growth offsets trade deal optimism

Oil prices edged higher on Friday but were set to end the week broadly steady as sluggish economic growth in China, the world's biggest crude importer, raised concerns about fuel demand and countered optimism from the signing of a China-U.S. trade deal......»»

Category: topSource: reutersJan 17th, 2020

Oil steady on trade pact optimism, stock draw; eyes on MidEast

Oil prices hovered around three-month highs on Monday following a higher-than-expected crude inventory drawdown and optimism over an expected U.S-China trade deal, while traders kept a close eye on Middle East unrest......»»

Category: topSource: reutersDec 29th, 2019

Stocks edge higher as trade deadline nears, oil falls

Global equity markets rose on Wednesday as investors expected U.S. President Donald Trump would delay his promised new tariffs on Chinese goods, while oil prices fell after data showed an unexpected rise in U.S. crude inventories......»»

Category: topSource: reutersDec 11th, 2019

Futures Movers: Oil gains on trade-talk optimism, hopes for OPEC extension and forecasts for lower U.S. production

Oil prices edged higher Tuesday amid hopes that trade talks between China and the U.S. will ultimately result in a deal that sustains global economic growth and energy demand while OPEC restrains production......»»

Category: topSource: marketwatchNov 26th, 2019

Futures Movers: Oil gains on trade-talk optimism, hopes for OPEC extension and forecasts for weaker U.S. production

Oil prices edged modestly higher Tuesday amid market optimism that the slow-moving trade talks between China and the U.S. will ultimately result in a deal that keeps these giant energy customers buying enough oil to at least soak up production......»»

Category: topSource: marketwatchNov 26th, 2019

Futures Movers: Oil gains on trade-talk optimism, forecasts for slower U.S. production

Oil prices edged modestly higher Tuesday amid market optimism that the slow-moving trade talks between China and the U.S. will ultimately result in a deal that keeps these giant energy customers buying enough oil to at least soak up production......»»

Category: topSource: marketwatchNov 26th, 2019

Oil climbs on U.S.-China trade talks optimism

Oil prices edged higher on Monday as positive comments from the United States and China rekindled hopes in global markets that the world's two largest economies could soon sign an interim deal to end their trade war......»»

Category: topSource: reutersNov 25th, 2019

Stocks rally, oil gains on revived U.S.-China trade hopes

Crude prices rose and global equities markets rallied on Friday, with the major U.S. indexes setting record highs, on renewed optimism the United States and China are nearing a deal to de-escalate a 16-month trade war that has crimped global growth......»»

Category: topSource: reutersNov 15th, 2019

Trade hopes lift dollar, crude; doubts slow stock rally

The U.S. dollar and crude prices rose on Tuesday, spurred by optimism that a U.S.-China trade deal may be near, but a rally in global equity markets paused after China pressed U.S. President Donald Trump to remove recently imposed tariffs......»»

Category: topSource: reutersNov 5th, 2019

Global shares, crude prices rise on U.S., China data

World equity markets surged and crude oil prices jumped on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth......»»

Category: topSource: reutersNov 1st, 2019

Shares, crude prices rise on U.S., China data

World equity markets surged and crude prices rose on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth......»»

Category: topSource: reutersNov 1st, 2019

Oil falls nearly 3% in caution over first phase of U.S.-China trade deal

Oil prices fell nearly 3% on Monday as a lack of details about the first phase of a trade deal between the United States and China undercut optimism over a trade relations thaw that had helped lift crude markets at the end of last week......»»

Category: topSource: reutersOct 14th, 2019

Oil falls due to caution over first phase of U.S.-China trade deal

Oil prices fell more than 2% on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a U.S.-Sino thaw that had helped lift crude markets by 2% at the end of last week......»»

Category: topSource: reutersOct 14th, 2019