Tag: output

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Oil jumps, but ends off highs, as OPEC+ decision on output boost is delayed

Oil future ended solidly higher, but off session highs, after news reports said a dispute between the United Arab Emirates…

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Oil futures end higher, even as talk of a possible OPEC+ output increase grows

Oil futures settled higher on Friday, with U.S. prices up more than 3% for the week, buoyed by expectations for…

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Oil futures end higher; Libya reportedly halts output at some major oil fields

Oil futures settled modestly higher on Monday, finding some support from reports that Libya has halted output at some of…

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Oil prices settle higher after OPEC+ agrees to incremental increases in output

Oil futures settled higher on Thursday, after the Organization of the Petroleum Exporting Countries and their allies agreed to incremental…

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Oil futures end higher, buoyed by ongoing OPEC+ vow to cut output

Oil futures rose Wednesday, with U.S. prices logging another finish at their highest in a year, as traders remained encouraged…

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Oil futures end higher for the session, gain for the week after OPEC+ decision on output

Oil futures rose on Friday, contributing to a gain for the week. Prices found support after the Organization of the…

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Oil futures settle higher on Gulf storm-related output disruptions

Oil futures settled higher Monday as Tropical Storm Zeta already disrupted half of the energy production in the Gulf of…

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Oil settles lower after a reported end to the strike in Norway, but prices gain nearly 10% for the week on Gulf output shutdowns

Oil futures ended lower on Friday after Reuters reported that oil firms in Norway reached a wage agreement with labor…

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Oil futures gain as Gulf of Mexico storms lead to energy output reductions

Oil futures settled higher on Monday, getting a boost from reductions to crude and natural-gas output in the Gulf of…

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Oil futures rally on signs of economic recovery and bets that OPEC+ will extend output cuts

Oil futures rallied Friday, buoyed by better-than-expected data on U.S. employment and expectations that the Organization of the Petroleum Exporting…

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Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease

By Sonali Paul MELBOURNE, May 26 (Reuters) – Oil prices rose on Tuesday on clear signs that producers are sticking…

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EIA lowers forecast for 2020 U.S. crude-oil output

The U.S. Energy Information Administration lowered its forecast for 2020 domestic oil production to an average 11.7 million barrels per…