News Topics: Commodity Prices

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Oil Up On Russia-OPEC Hopes; US Rig Count Jump Limits Gains
Friday, October 21, 2016 Oil settles up on hopes Russia and OPEC will reach agreement on market support initiatives to keep crude above $50 a barrel.

Oil Down 2%, Strong Dollar Knocks US Crude Off 15-Month Highs
Thursday, October 20, 2016 Oil prices settles down more than 2%, as a resurgent dollar encouraged players to take profit on the previous day's rally.

Surprise Crude Draw Lifts US Prices to 15-Month High
Wednesday, October 19, 2016 Oil prices traded to some of the highest levels seen in over a year.

Oil Ends Up Ahead Of Preliminary US Inventory Report
Tuesday, October 18, 2016 Oil settles higher as expectations of OPEC output curbs lifted prices despite forecasts that data would show a second straight weekly build in US crude stockpiles.

Oil Ends Lower On US Trade Spike; Shale Decline Limits Losses
Monday, October 17, 2016 Oil prices settle down, weighed by oversupply concerns, with a spike in trade volume driving US prices below $50.

Oil Dips On Dollar, Rig Count Rise; Focus Still On OPEC
Friday, October 14, 2016 Oil prices fall slightly as traders balance a stronger dollar and another increase in the US oil rig count against expectations that more OPEC talk of output cuts will keep crude above $50 per barrel.

Oil Ends Up; Refined Products Draw Offset US Crude Build
Thursday, October 13, 2016 Oil prices settle up after a US government report showed hefty draws in diesel and gasoline offset the first crude inventory build in six weeks.

Oil Down 1%; OPEC Output Climbs Further Amid Cut Pledges
Wednesday, October 12, 2016 Oil prices settles 1% lower after OPEC reported its September oil output hit 8-year highs.

Oil Down On OPEC Doubts As It Floats 6-Month Output Cap Plan
Tuesday, October 11, 2016 Oil prices retreat from one-year highs, after OPEC said it was trying to reach a global agreement to cap production for at least six months.

Oil Hits One-Year High As Russia Ready To Join Output Caps
Monday, October 10, 2016 Oil prices jump as much as 3%, with Brent hitting a one-year high.

Oil Ends Down 1%, Snapping Week-Long OPEC-Fueled Rally
Friday, October 07, 2016 Oil falls about 1% as players take profits on a rally over the past week that propelled prices nearly 15% to 4-month highs on hopes of OPEC crude output cuts.

Oil Hits 4-Month Highs As OPEC Keeps Talks Of Cuts In Focus
Thursday, October 06, 2016 Oil rose more than 1% to four-month highs, spurred by another informal OPEC meeting on output cuts and plunging US crude inventories.

Oil Up 2% To June Highs After Another US Crude Draw
Wednesday, October 05, 2016 Oil prices settle up about 2%, hitting their highest since June.

Oil Trades Near Three-Month High Amid Hurricane Threat, OPEC
Tuesday, October 04, 2016 Oil traded near a three-month high in New York as investors look ahead to next month's OPEC meeting and as Hurricane Matthew threatened to disrupt fuel shipments along the US East Coast.

Oil Falls as Iran, Libya Output Rises Hit OPEC Deal Momentum
Tuesday, October 04, 2016 Oil prices fall nearly one percent on news that Iran and Libya continue to increase production.

Oil Advances to Three-Month High as Investors Assess OPEC Accord
Monday, October 03, 2016 Oil advanced to a three-month high in New York as traders continued to assess last week's change in OPEC policy.

Brent Oil Halts Gain near $50 as Market Eyes November OPEC Deal
Monday, October 03, 2016 Oil price rise halts near $50 per barrel as plans by some OPEC members to boost output raise doubts the group will be able to implement its production cut in November.

Oil Up Second Straight Month On OPEC-Fueled Rally
Friday, September 30, 2016 Oil prices settled mixed while posting their second straight monthly gain on OPEC's planned output cuts.

Oil Rises Close to $50/bbl; Doubts on OPEC Plan Cap Gains
Thursday, September 29, 2016 Oil jumps more than 1 percent, with Brent nearing $50 a barrel on optimism over OPEC's first planned output cut in eight years, although gains were limited by doubts the reduction would make a substantial dent in the global crude glut.

Oil Soars 6% as OPEC Reaches Deal to Limit Output in Nov
Wednesday, September 28, 2016 Oil prices settle up nearly 6 percent after OPEC sources say the group has struck a deal to limit crude output at its policy meeting in November, its first production cut agreement since the market crashed two years ago on oversupply.

Brent Nears $50 Per Barrel as OPEC Weighs Output Cut
Wednesday, September 28, 2016 Oil prices bounce amid OPEC production cut speculation.

Brent to Stay Below $50 in 2016
Wednesday, September 28, 2016 Average Brent Crude Oil prices will stay below $50 per barrel in 2016, according to oil and gas analysts at FirstEnergy Capital.

Oil Down 3% As Saudi, Iran Dash Hopes For An Algiers Deal
Tuesday, September 27, 2016 Oil falls about 3% after Saudi Arabia and Iran dash market hopes that the two major OPEC producers would find a compromise this week.

Oil Climbs as Saudi Arabian Offer Opens Door to Future OPEC Deal
Monday, September 26, 2016 Oil advanced as Saudi Arabia's offer to cut output opened the door to a future OPEC deal, though the kingdom doesn't expect an agreement when members of the group meet this week.

Oil Sinks As OPEC Deal Seen Unlikely; Stocks Dip
Friday, September 23, 2016 Oil prices tumble following signs that Saudi Arabia and Iran continue to disagree over output limits ahead of a meeting next week aimed at freezing production.

Oil Rises More On U.S. Crude Draw, Pares Gains On OPEC Doubt
Thursday, September 22, 2016 Oil prices rally again, boosted for a second day by U.S. government data that showed a surprising crude inventory drop, but crude futures pared gains as traders worried that OPEC was not nearing an agreement to reduce a global glut.

Oil Rises on Positive Inventory Data, Weaker Dollar
Wednesday, September 21, 2016 Oil markets were anticipating fairly robust inventory drawdowns after the API released its estimates for the week ending Sept. 16.

US Crude Up On Demand Hopes; Brent Down On OPEC Deal Skepticism
Tuesday, September 20, 2016 US oil prices edged up on hopes the planned restart of country's main gasoline pipeline after a leak more than a week ago will boost demand.

Oil Up But Off Highs On Output Freeze Talk, Gasoline Tumbles
Monday, September 19, 2016 Oil rallied before settling off its highs on skepticism over Venezuela's bid to talk up a potential OPEC output freeze.

Oil Hits Multi-Week Lows On Glut Worry; Gasoline Surges
Friday, September 16, 2016 Crude oil prices fall 2% to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages.

Crude Rises On Wall St Rally, Gasoline Spike Amid Pipeline Outage
Thursday, September 15, 2016 Oil prices rise about 1% or more after tracking a rally in gasoline futures.

Oil Falls On Larger Than Expected Builds, Strengthening Supply Picture
Wednesday, September 14, 2016 After IEA reports, oil markets continue to reflect a more dour outlook.

Oil Tumbles 3% After Both IEA, OPEC See Glut Persisting
Tuesday, September 13, 2016 Oil prices settle down as much as 3% after forecasts from OPEC and a leading energy market body focused on consumers indicated a global crude supply glut could persist into next year.

Oil Tumbles 3% After Both IEA, OPEC See Glut Persisting
Tuesday, September 13, 2016 Oil prices settle down as much as 3% after forecasts from OPEC and a leading energy market body focused on consumers indicated a global crude supply glut could persist into next year.

Crude Oil Climbs as US Equities Advance, Dollar Retreats
Monday, September 12, 2016 Oil advanced as US stocks rebounded from the biggest rout since June and as the dollar retreated against its peers.

Oil Falls 4%; US Crude Draw Seen As Glitch
Friday, September 09, 2016 Oil prices fall 4%, paring most of the previous session's rise.

Oil Soars, Brent Hits $50/Bbl As US Gulf Imports Hit Record Low
Thursday, September 08, 2016 Oil prices surge over 4%, with Brent briefly touching $50 a barrel for the first time in two weeks.

Oil Up Nearly 2% On Possible Production Freeze, Inventory Data Eyed
Wednesday, September 07, 2016 US crude prices soar nearly 3% in post settlement trading after US inventory data shows what might be the largest weekly stock draw in over three decades.

Brent Crude Futures Ease As Hope For Output Freeze Fades
Tuesday, September 06, 2016 Global benchmark Brent crude falls almost 1% as hopes waned for an agreement between two of the biggest oil producers to freeze output.

Oil Jumps amid Talk of Producer Action to Support Prices
Monday, September 05, 2016 Speculation that major producers could cooperate to tackle weak prices causes crude oil futures to rise sharply.

Oil Up 3% As US Jobs Data Hits Dollar; Tumbles On Week
Friday, September 02, 2016 Oil settles up nearly 3% after a weak US jobs report hurt the dollar and boosted commodities.

Oil Slides On Glut Worry, On Track For Biggest Weekly Drop Since Jan
Thursday, September 01, 2016 Oil prices fall more than 3%, heading for their sharpest weekly slide since January.

Oil Falls on Fundamentals; Freeze Talk Uplift Losing Steam
Wednesday, August 31, 2016 Both US and global crude benchmarks fell immediately following the EIA's Weekly Petroleum Status Report.

Oil Falls On Strong Dollar, Crude Glut; Storms Limit Losses
Tuesday, August 30, 2016 Oil prices fall, with Brent losing nearly 2%.

Oil Down 1%, Pressured By Glut, Dollar, Nigeria Outlook
Monday, August 29, 2016 Oil prices settle down more than 1%, snapping two consecutive days of gains.

Oil Steady In Volatile Session, Down 2% For The Week
Friday, August 26, 2016 Oil prices were largely unchanged in a volatile session.

Oil Up On US-Iran Scare, Dollar; Saudi Output Stance Cuts Gains
Thursday, August 25, 2016 Oil prices rise 1% on US-Iran military tensions in the Gulf and speculation the dollar will fall.

Oil Prices Fall off Larger than Expected Rise in Crude Inventories
Wednesday, August 24, 2016 Oil prices fall immediately following the release of the EIA's Weekly Petroleum Status Report.


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Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
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