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Business Algeria

  • *Venezuela hints at OPEC/ non- OPEC deal this month. NEW YORK, Sept 19- Oil prices rose 1 percent on Monday after Venezuela hinted that OPEC members and other major oil producers could agree to a deal to freeze output, and as clashes in Libya disrupted attempts to restart crude exports from key ports. Last week, Brent hit a two-week low of $45.48 a barrel and WTI fell to a...

  • *Venezuela hints at OPEC/ non- OPEC deal this month. *Clashes in Libya halt loading from port of Ras Lanuf. NEW YORK, Sept 19- Oil prices rose about 2 percent on Monday after Venezuela hinted that OPEC and other major oil producers could agree to a market support deal and as clashes in Libya disrupted attempts to boost crude exports.

  • *Venezuela hints at OPEC/ non- OPEC deal this month. *Clashes in Libya halt loading from port of Ras Lanuf. NEW YORK, Sept 19- Oil prices rose by 2 percent on Monday after Venezuela hinted that OPEC and other major oil producers could agree to a market support deal and as clashes in Libya disrupted attempts to boost crude exports.

  • LONDON, Sept 19- Hedge funds and other large money managers have raised their weekly bets on rising crude oil prices, with net long positions in Brent stabilising around levels seen in mid-August when the market got the first indications of a possible OPEC output deal. Bullish bets on Brent have risen and then fallen again since mid-August, mainly driven by...

  • SINGAPORE, Sept 19- Oil prices rose in Asian trade on Monday after Venezuela said that OPEC and non- OPEC countries were close to reaching an output stabilizing deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted. Venezuelan President Nicolas Maduro said on Sunday that a deal between OPEC and non- OPEC countries...

  • MARGARITA ISLAND, Venezuela, Sept 18- Venezuelan President Nicolas Maduro said on Sunday that OPEC and non- OPEC countries were close to reaching a deal to stabilize oil markets and that he aimed for a deal to be announced this month. OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers...

  • CARACAS, Sept 18- Venezuelan President Nicolas Maduro said on Sunday that OPEC and non- OPEC countries were "close" to reaching a deal to stabilize oil markets and that he aimed for a deal to be announced this month.

  • ALGIERS, Sept 18- OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state news agency APS reported on Sunday. He has previously said discussions in Algiers will be consultations and...

  • ALGIERS, Sept 18- OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state news agency APS reported on Sunday. He has previously said discussions in Algiers will be consultations and...

  • ALGIERS, Sept 18- OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus during an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state news agency APS said on Sunday. Russia, Iran and other major oil producers are due to take part in the...

  • ALGIERS, Sept 18- OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus during an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state news agency APS said on Sunday. Barkindo said he was optimistic about the meeting in Algeria on Sept. 26-28.

  • OPEC CHIEF SAYS MAY CALL EXTRAORDINARY MEETING IF MEMBERS REACH CONSENSUS IN ALGIERS- APS STATE NEWS AGENCY.

  • Iran's President Hassan Rouhani

    Iran's President Hassan Rouhani said Tehran supports any move to stabilize the global oil market and lift prices.

  • "Tehran welcomes any move aimed at market stability and improvement of oil prices based on justice, fairness and fair quota of all the oil producers," the president said, referring to a meeting between OPEC and non- OPEC producers in Algeria next week, SHANA said. Tehran refused to join a previous attempt this year by OPEC and non-members such as Russia to stabilise...

  • "Tehran welcomes any move aimed at market stability and improvement of oil prices based on justice, fairness and fair quota of all the oil producers," the president said, referring to a meeting between OPEC and non- OPEC producers in Algeria next week, SHANA said. Tehran refused to join a previous attempt this year by OPEC and non-members such as Russia to stabilise...

  • "Tehran welcomes any move aimed at market stability and improvement of oil prices based on justice, fairness and fair quota of all the oil producers," the president said, referring to a meeting between OPEC and non- OPEC producers in Algeria next week, SHANA said. Tehran refused to join a previous attempt this year by OPEC and non-members such as Russia to stabilize...

  • "Tehran welcomes any move aimed at market stability and improvement of oil prices based on justice, fairness and fair quota of all the oil producers," the president said, referring to a meeting between OPEC and non- OPEC producers in Algeria next week, SHANA said. Tehran refused to join a previous attempt this year by OPEC and non-members such as Russia to stabilize...

  • LONDON, Sept 16- The price of oil has been caught in one of its most volatile couple of weeks in months after OPEC and rival Russia hinted they may discuss a possible output freeze, as demand slows and a global surplus becomes more entrenched. The Organization of the Petroleum Exporting Countries and Russia meet on the sidelines of the International Energy Forum...

  • LONDON, Sept 16- The price of oil has been caught in one of its most volatile couple of weeks in months after OPEC and rival Russia hinted they may discuss a possible output freeze, as demand slows and a global surplus becomes more entrenched. The Organization of the Petroleum Exporting Countries and Russia meet on the sidelines of the International Energy Forum...

  • ALGIERS, Sept 10- Algeria's energy minister has said there is a consensus among OPEC and non- OPEC members about the need to stabilize the oil market to support prices, state news agency APS reported on Saturday. Bouterfa has traveled to Qatar, Iran and Russia this week to push for the oil price to be stabilized between $50 and $60, and said he was "confident" about the...