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Oil Down 2nd Straight Day, Rising Output Reignites Glut Worry
Tuesday, May 03, 2016 Oil prices fall for a second day, retreating further from the year's highs hit last week, as rising output renewed worries about the global glut of crude, the US dollar rebounded and equity markets weakened.
Oil Down 3% on OPEC Output Hike, Speculative Ramp-up in Brent
Monday, May 02, 2016 Oil prices fall about 3 percent as production from OPEC neared all-time peaks and record speculative buying in global benchmark Brent sparked profit-taking on last month's outsized rally.
Oil Ends Steady Near $50; Best Monthly Gain in Brent in 7 years
Friday, April 29, 2016 Oil prices ended steady on Friday after hitting 2016 highs but finished April trading about 20 percent higher, with Brent crude having its best monthly gain in seven years.
Oil Jumps 2% Despite Glut, Hits 2016 Peaks On Weak Dollar
Thursday, April 28, 2016 Oil markets jump 2 percent, hitting 2016 highs for a third straight day as a weaker dollar had investors shrugging off record high US crude inventories and relentless pumping by major producers.
Oil Jumps To 2016 Highs As Dollar Drops On Fed Decision
Wednesday, April 27, 2016 Oil prices jump about 3%, hitting new highs for 2016 as the dollar weakens after the Federal Reserve announces it would leave US interest rates unchanged.
Crude Prices Jump 3% On Gasoline Rally, Weak Dollar
Tuesday, April 26, 2016 Crude oil prices rise about 3% on the back of a rally in the gasoline market.
Oil Down; Morgan Stanley, Barclays Warn Of Bearish Forces
Monday, April 25, 2016 Oil prices fall more than 2% as data points to fresh US crude builds, while leading banks in commodities say the two-month long oil market rebound has defied fundamentals.
Oil Up, Marking Third Week Of Gains As Market Sentiment Improves
Friday, April 22, 2016 Oil prices rise foe the third straight week of gains as market sentiment turns more upbeat amid signs a persistent global supply glut may be easing.
Oil Down 3%; Producers Hint Of More Output Add To Glut Worry
Thursday, April 21, 2016 Oil prices fall 3%, pausing after a two-day rally, after producers from Russia to Saudi Arabia and Iran to Libya hinted at more output amid growing US crude stockpiles.
Oil Up 4% On Small US Crude Build, Talk Of Another Producer Meeting
Wednesday, April 20, 2016 Oil prices rise 4% after a smaller-than-expected build in US crude inventories offset glut worries stirred by the end of a Kuwaiti strike.
Oil Gains On Kuwait Strike; Global Shares Highest Since December
Tuesday, April 19, 2016 Oil prices rise following a workers' strike in Kuwait, while a global stock index hit its highest level since early December as signs of economic stabilization in China lift demand for riskier assets.
Oil Down, But Kuwait Strike Offsets Failed Output Freeze
Monday, April 18, 2016 Oil prices slide after plan by major oil producers to freeze production was scuttled, but a Kuwaiti oil industry strike helped the market pare losses and settle off the day's lows.
Oil Down Ahead of Producer Meeting, Dollar Slips
Friday, April 15, 2016 Crude oil prices fall Friday ahead of a weekend meeting that could yield an output freeze by major producers, while the U.S. dollar and stocks across the globe edged lower but posted weekly gains.
Oil Eases Amid Growing Concerns Ahead Of Doha Meeting
Thursday, April 14, 2016 Oil markets closes lower after a choppy session as the market processes a mixed report from the IEA.
Oil Prices Fall As Concerns Over Doha 'Freeze' Meeting Grow
Wednesday, April 13, 2016 Oil futures fall from fresh 4-month highs in choppy trading.
Brent Hits 4-Month High On Reports Of Oil Output Freeze Deal
Tuesday, April 12, 2016 Global oil prices hit 4-month highs, hovering just under $45 a barrel after a report that top producers Russia and Saudi Arabia have agreed to freeze output ahead of a much-anticipated producers meeting.
Oil Hits Four-Month High On Commodities Rally, Doha Meeting Hopes
Monday, April 11, 2016 Brent crude prices touch a 4-month high in a rally fueled by strong markets across commodities, ahead of a meeting of oil producers in Doha.
UPDATE: Oil Prices Jump 6 Pct on U.S. Stockpile Draws, Keystone
Friday, April 08, 2016 Oil prices rose more than 6 percent on to end with the biggest weekly gain in a month as drawdowns in U.S. crude stockpiles fed hopes that a punishing global oversupply may be approaching a tipping point after nearly two years.
Oil Slips On Modest Keystone Impact; More Volatility Seen
Thursday, April 07, 2016 Oil settles lower after data shows higher weekly inventories at the US crude storage base despite a pipeline outage.
Goldman Says Oil at $35 Is 'Goldilocks' Ideal for US Explorers
Thursday, April 07, 2016 Oil at $35 a barrel is neither too high nor too low but just right to make shares of US explorers worth buying, according to Goldman Sachs Group Inc.
Oil Prices Jump 5% After Surprise US Crude Stockpile Draw
Wednesday, April 06, 2016 Oil prices rise 5%, their biggest advance in three weeks, after the US government reported a surprise draw in domestic crude stockpiles versus market expectations for a new record high.
Oil Edges Up After Kuwait Talks Up Output Freeze Plan
Tuesday, April 05, 2016 Oil prices edge higher after Kuwait's insistence that major producers will agree to freeze output this month even as Iran balks at the plan.
Oil Down Over 2%; More Doubt Producer Output Freeze
Monday, April 04, 2016 Oil prices fall more than 2%, with Brent touching one-month lows, as investors doubt that producing countries will freeze output to rein in a worldwide glut.
The Rigzone Interview: TPH Chief Tudor Says Oil Price Already Hit Floor
Monday, April 04, 2016 TPH Chief Bobby Tudor reflects on how the industry will emerge from current downturn.
Saudi to Join Oil Output Freeze Only if Iran Joins
Friday, April 01, 2016 Saudi Arabia will agree to freeze crude oil production levels only if Iran and other major producers do so.
Oil Tumbles 4%; Saudi Arabia Cold On Output Freeze
Friday, April 01, 2016 Oil tumbles about 4%, after a Saudi prince reportedly said the kingdom will not freeze output without Iran and other major producers doing so and data showed the global crude glut was likely to grow.
Oil Posts Best Quarter Since Mid-2015 But Glut Still Worries
Thursday, March 31, 2016 Oil prices jump more than 10% in March in the best quarter since mid-2015.
Oil Settles Flat, Far Off Day's Highs; US Build Weighs
Wednesday, March 30, 2016 Oil prices settle steady, erasing most of the day's gains, after US government data showed crude inventories at all-time peaks again despite strong refinery runs.
Oil Prices Lower, Yellen Comments Fail To Sustain Rebound
Tuesday, March 29, 2016 Oil prices fall about 3%, reflecting growing concern that a two-month rally was fading as demand fails to keep up with swelling global supply.
Oil Edges Lower In Thin Holiday Trade; Banks Warn Of $30 Levels
Monday, March 28, 2016 Oil futures edged lower for a second straight session in thin trade as European markets observed the Easter holiday.
Oil Steadies As US Rig Count Drop Offsets Stockpile Worry
Thursday, March 24, 2016 Oil prices steady, paring losses after a renewed drop in US oil rigs.
Oil Down 4%; US Stockpile Build Threatens Market Recovery
Wednesday, March 23, 2016 Oil prices tumble 4%, with US crude settling below the key $40 per barrel mark after a sixth straight week of record highs in stockpiles.
Oil Ends Steady After Brussels Attacks; Awaits US Inventory Data
Tuesday, March 22, 2016 US crude retreats from the year's high as oil prices settle steady to a shade firmer after deadly blasts in Brussels, taking their lead from a Wall Street rebound ahead of oil inventory data.
Oil Up On Cushing Crude Drawdown; Eyes On US Output
Monday, March 21, 2016 Oil prices rose about 1% after data showed crude inventories at the Cushing, Oklahoma delivery hub for US futures fell for the first time since January.
Crude Prices Fall From 2016 Highs As US Oil Rig Count Rises
Friday, March 18, 2016 Crude oil prices settle lower after the US rig count rose for the first time since December.
Oil At 2016 High, US Crude Above $40 On Output Freeze Hopes
Thursday, March 17, 2016 Oil prices hit 2016 highs, with US crude surging 5% to pierce the $40 barrier.
Oil Up 6% As Producers Set Meeting, Fed Seen Less Hawkish
Wednesday, March 16, 2016 US oil prices jumped almost 6%, erasing losses of the past two days, after major producers firmed up plans to meet in Qatar to discuss an output freeze and US crude stockpiles grew less than expected.
Oil Down on Technical Pressure, Stockpiles Worry
Tuesday, March 15, 2016 Oil settles 2 percent lower, extending losses for a second straight day as the market yields to technical resistance and worry that US crude stockpiles are rising despite falling production.
Oil Falls As Worry Over Growing Stockpile Cuts Short Rally
Monday, March 14, 2016 Oil prices fall about 3 percent as US crude stockpiles continue to build and Iran shows little interest in joining major producers in freezing production.
Oil, Stocks Rise As IEA Sees Bottom For Oil Market
Friday, March 11, 2016 Oil prices rise, boosting world stock markets after an energy organization says the oil market may have found a floor.
Kemp: Oil Shrugs Off Goldman Warning About Premature Rally
Friday, March 11, 2016 Goldman Sachs, perhaps the world's most influential commodity bank, sticks to a more bearish view on oil prices.
Oil Slides On US Refinery Maintenance, OPEC Meeting Doubts
Thursday, March 10, 2016 Oil prices fall, with US crude retreating from three-month highs.
Oil Continues Positive Momentum off Stronger than Expected Product Demand
Wednesday, March 09, 2016 EIA weekly data shows larger than expected gasoline and distillate drawdowns.
Kuwaiti Oil Minister Sees Crude at $40-$60 Over Next 3 Years
Wednesday, March 09, 2016 Kuwait's acting oil minister expects oil prices of $40 to $60 a barrel over the next 3 years.
Oil Down 3%; Rally Snaps On Supply Worry, Goldman Caution
Tuesday, March 08, 2016 Oil prices fall 3%, ending six days of gains for benchmark Brent crude, as Goldman Sachs suggested the rally was unsustainable.
Specter Of $20 Oil Recedes As Speculators Flee Bearish Bets
Monday, March 07, 2016 Hedge funds unwound bearish bets at the fastest pace in 10 months as fear of oil sinking to $20 a barrel faded.
Oil At 2016 High Above $40/bbl After Producer Price Support Talk
Monday, March 07, 2016 Global oil markets jump more than 5%, with Brent hitting a 2016 peak above $40 a barrel.
|Brent Crude Oil :||$46.75/BBL||2.80%|
|Light Crude Oil :||$43.65/BBL||2.52%|
|Natural Gas :||$2.08/MMBtu||1.96%|
|Updated in last 24 hours|