×

Europe Top News and Analysis Austria

  • *OPEC members disagree over who should cut output and by how much. SINGAPORE, Nov 29- Oil prices fell over 1 percent on Tuesday on market jitters over whether producer cartel OPEC would be able to hammer out a meaningful output cut during a meeting on Wednesday, aimed at reining in a global supply overhang and propping up prices. Non- OPEC oil production giant Russia...

  • *OPEC members disagree over who should cut and how much. SINGAPORE, Nov 29- Oil prices fell on Tuesday on market jitters over whether producer cartel OPEC will be able to hammer out a meaningful output cut during a meeting on Wednesday aimed at reining in a global supply overhang and propping up prices. The Organization of the Petroleum Exporting Countries is...

  • ASTANA, Nov 29- Kazakhstan's Energy Minister, Kanat Bozumbayev, has not yet decided whether to attend the meeting of OPEC members and other oil producers in Vienna, he told Reuters on Tuesday. OPEC experts ended a Monday meeting without agreeing details on how much individual countries would cut in the output reduction plan to be presented to an OPEC ministerial...

  • *Volatile oil prices ahead OPEC meeting damp risk sentiment. The Organization of the Petroleum Exporting Countries will gather in Vienna on Wednesday to discuss a planned output cut in an effort to curb a supply glut. Worries about Italy's banking system have been mounting ahead of a Dec. 4 referendum on constitutional reform, which could unseat the government...

  • *OPEC members disagree over who should cut and how much. *Non-OPEC member Russia so far not participating in talks. SINGAPORE, Nov 29- Oil prices dipped on Tuesday on doubts that producer cartel OPEC will be able to hammer out a meaningful output cut during a meeting on Wednesday aimed at reining in a global supply overhang and propping up prices.

  • *OPEC members disagree over who should cut and how much. *Non-OPEC member Russia so far not participating in talks. SINGAPORE, Nov 29- Oil prices dipped on Tuesday on doubts that producer cartel OPEC will be able to hammer out a meaningful output cut during a meeting on Wednesday aimed at reining in a global supply overhang and propping up prices.

  • *OPEC members still disagree over who should cut and how much. SINGAPORE, Nov 29- Oil prices fell early on Tuesday on doubts that producer cartel OPEC will be able to hammer out a meaningful output cut during a meeting on Wednesday to rein in a global supply overhang and prop up prices. There remains disagreement among OPEC- members over which producers should cut by...

  • *OPEC members still disagree over who should cut and how much. SINGAPORE, Nov 29- Oil prices fell early on Tuesday on doubts that producer cartel OPEC will be able to hammer out a meaningful output cut during a meeting on Wednesday to rein in a global supply overhang and prop up prices. There remains disagreement among OPEC- members over which producers should cut by...

  • BEIRUT, Nov 28- Iran's oil minister said members of the Organization of Petroleum Exporting Countries could agree a plan to limit oil production at their meeting in Vienna this week if they put aside political rivalries and focus on economic factors. "If we look at the OPEC meeting from an economic point of view we can reach an agreement soon to freeze oil output to...

  • *Iraq says it will cooperate to reach agreement. *But rising U.S. output could undermine OPEC cut. In post-settlement trading, oil futures pared gains after Reuters reported that OPEC experts did not agree on the details of a deal to cut output.

  • *OPEC experts meeting fails to resolve Iraq, Iran issues. VIENNA, Nov 28- OPEC was trying on Monday to rescue a deal to limit oil output as tensions grew among the producer group and non- OPEC member Russia, with top exporter Saudi Arabia saying markets would rebalance even without an agreement. A gathering of OPEC experts failed to reach a compromise on how exactly...

  • MILAN/ LONDON, Nov 28- European shares fell on Monday, weighed down by a drop in banks which were led lower by Italian lenders which hit their lowest point since end-September on continued worries over a cash call at troubled lender Monte dei Paschi. Italian banks fell 3.9 percent, hitting an 8- week low, on continued doubts over Monte dei Paschi's ability to execute...

  • *Iraq says it will cooperate to reach agreement. *But rising U.S. output could undermine OPEC cut. Market watchers expected prices to remain volatile until OPEC's Wednesday meeting offers the market a definitive answer as to whether OPEC and non- OPEC producers can agree cuts.

  • Nov 28- Oil futures jumped on Monday after heavy falls in the previous session, reflecting volatility as OPEC officials try to salvage a deal to cut crude production ahead of a long-anticipated formal meeting of the group's ministers on Wednesday. But the chances of an agreement declined over the weekend after Saudi Arabia said oil markets would balance next...

  • *But rising U.S. output could undermine OPEC cut. Brent crude futures were $1.10 higher at $48.34 per barrel by 1410 GMT, after falling in early morning trade, clawing back losses and falling again. Market watchers expected prices to remain volatile until OPEC's Wednesday meeting offers the market a definitive answer as to whether OPEC and non- OPEC producers can...

  • *But rising U.S. output could undermine OPEC cut. Brent crude futures were $1.10 higher at $48.34 per barrel by 1410 GMT, after falling in early morning trade, clawing back losses and falling again. Market watchers expected prices to remain volatile until OPEC's Wednesday meeting offers the market a definitive answer as to whether OPEC and non- OPEC producers can...

  • *Mood subdued as OPEC experts gather in Vienna. VIENNA, Nov 28- OPEC was trying on Monday to rescue a deal to limit oil output as tensions grew among the producer group and non- OPEC member Russia, with top exporter Saudi Arabia saying markets would rebalance even without an agreement. OPEC experts started a meeting in Vienna at 0900 GMT and were due to make...

  • *But rising U.S. output could undermine OPEC cut. LONDON, Nov 28- Oil prices gained more than one percent on Monday in volatile trading after falling as much as 2 percent, recouping the losses as the market reacted to the shaky prospect of major producers being able to agree output cuts at a meeting on Wednesday. "There's going to be speculation until the meeting that...

  • *But rising U.S. output could undermine OPEC cut. Brent crude futures fell as far as 2 percent before clawing back to trade up 29 cents at $47.44 per barrel at 1008 GMT. The statement added to simmering disagreement between OPEC and non- OPEC crude exporters such as Russia over who should cut production by how much.

  • *But rising U.S. output could undermine OPEC- cut. Brent crude futures fell as far as 2 percent before clawing back to trade 29 cents at $47.44 per barrel at 1008 GMT. The statement added to simmering disagreement between OPEC and non- OPEC crude exporters such as Russia over who should cut production by how much.