Sentences with phrase «crude oil prices jumped»

Crude oil prices jumped a percent today on comments from Saudi Arabia's Energy Minister Khalid al - Falih, who said he expected the OPEC + production cut deal would be extended into next Continue Reading

Not exact matches

Oil supply concerns are greater for Europe, where crude prices have jumped even higher due to the region's larger energy reliance on MENA.

NEW YORK (Reuters)- Oil jumped as much as 3 percent on Tuesday as a weak dollar propped up commodities, but crude prices came off their highs in post-settlement trading on signs of another big U.S. supply build last week.

HOUSTON, April 26 U.S. oil producer ConocoPhillips said on Thursday its first - quarter profit jumped 52 percent due to rising crude prices and cost cuts.

HOUSTON, April 26 (Reuters)- U.S. oil producer ConocoPhillips said on Thursday its first - quarter profit jumped 52 percent due to rising crude prices and cost cuts.

Oil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude productiOil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude productioil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude production.

The leap is not all explicable by the 36 per cent jump in crude oil prices in the interim, nor by the significant improvements on costs and break - even levels made under chief executive Kevin Gallagher.

Oil futures jumped nearly 3 per cent on a decline in US crude inventories and after sources signalled Saudi Arabia wants to see the crude price closer to $ US100 a barrel.

Crude oil prices have jumped to almost one - year high's on Monday in a shocking turn of events as Russian President Vladimir Putin disclosed that Russia was ready to join the cartel's efforts to reduce global oil supply.

Postscripts: Of course, this thought experiment suffers from the reality that crude oil prices, in a global market, don't jump based on a single region's troubles.