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  • *Asia stocks slip despite Wall Street scaling new highs. SINGAPORE, May 26- Crude prices remained subdued early on Friday after an agreement by OPEC to extend existing supply curbs disappointed many who had hoped for larger cuts. The Organization of Petroleum Exporting Countries and some non- OPEC producers agreed at a meeting in Vienna on Thursday to extend...

  • FRIDAY, MAY 26 MONTREUX, Switzerland- ECB Board Member Benoit Ceure participates in 24th Reunion of the Governors des Banques Centrales des Pays Francophones Organized by the Swiss National Bank- 2000 GMT. TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the 2017 Spring Annual Meeting of the Japan Society of Monetary Economics. BRUSSELS- ECB President...

  • FRIDAY, MAY 26 MONTREUX, Switzerland- ECB Board Member Benoit Ceure participates in 24th Reunion of the Governors des Banques Centrales des Pays Francophones Organized by the Swiss National Bank- 2000 GMT. TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the 2017 Spring Annual Meeting of the Japan Society of Monetary Economics. BRUSSELS- ECB President...

  • NEW YORK, May 25- Oil prices tumbled 5 percent on Thursday as the extension of output curbs by OPEC and other producing countries disappointed investors who had hoped for larger cuts, leading to the biggest daily percentage slide in crude prices since early March. At Thursday's meeting in Vienna, the Organization of the Petroleum Exporting Countries and some...

  • VIENNA, May 25- Iran hopes to sign groundbreaking deals with oil majors such as Total and Lukoil this year as the re-election this month of reformist Hassan Rouhani to the presidency should boost investments. The development of new fields as well as improved oil recovery from mature reservoirs should allow Iran, OPEC's No.3 oil producer, to have the capacity to...

  • *Output caps kept unchanged; Nigeria, Libya still exempt. VIENNA, May 25- OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. Oil's earlier price decline, which started in 2014, forced Russia and...

  • *Oil majors drop after OPEC deal. An OPEC meeting in Vienna that disappointed some investors failed to move broader indexes but sent oil prices lower, making the energy sector the biggest sectoral faller in the region. Milan- based fund manager Anthilia Capital in Milan downgraded its exposure to euro zone stocks even though the European economy remained...

  • *OPEC agrees to extend output cuts for nine months. NEW YORK, May 25- Oil prices fell about 4 percent on Thursday, on track for their biggest daily drop in three weeks, after OPEC's decision to extend production curbs fell short of expectations of deeper or longer cuts. As expected, the Organization of the Petroleum Exporting Countries, along with other non- OPEC...

  • Saudi Arabia's energy minister and president of the Organization of the Petroleum Exporting Countries (OPEC), Khalid al-Falih (R), attends the 172nd meeting of the OPEC Conference, at OPEC headquarters in Vienna, Austria, on May 25, 2017.

    OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday, OPEC delegates said according to a Reuters report.

  • *OPEC agrees to extend output cuts for nine months. *Non-OPEC producers join OPEC in extending supply agreement. As expected, the Organization of the Petroleum Exporting Countries, along with other non- OPEC members, agreed to extend a cut in oil supplies of 1.8 million barrels per day until the end of the first quarter of 2018 to reduce a glut of supply.

  • The price of oil is down further after OPEC and other nations said they had agreed to extend their production cuts for another nine months. OPEC and other oil-producing nations have extended their output cuts for an additional nine months in an effort to shore up prices. The decision, announced Thursday by a high-level meeting of OPEC and non- OPEC ministers,...

  • VIENNA, May 25- OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. Oil's earlier price decline, which started in 2014, forced Russia and Saudi Arabia to tighten their belts and led to unrest in...

  • LONDON, May 25- Borrowing costs across the euro area fell on Thursday on further signs that major central banks are wary of stepping back from ultra-loose monetary policies too quickly. Bank of Japan board member Makoto Sakurai on Thursday ruled out the chance of an imminent hike in the BOJ's bond yield target, stressing the need to maintain its massive stimulus...

  • *OPEC ends meeting, Kuwait says cuts extended to March 2018. VIENNA, May 25- OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018 as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. Oil's earlier price decline, which started in 2014, forced Russia and Saudi...

  • VIENNA, May 25- OPEC ministers were forced by Texas shale oil producers on Thursday to extend a supply cut into 2018, a regulator from the U.S. state said. "Texas shale producers forced OPEC this morning to extend its oil production cuts for nine months," said Ryan Sitton, of the Texas Railroad Commission. "Less OPEC oil on the market enhances the opportunity for...

  • DUBAI, May 25- Shares of Qatar's largest property developer plunged 10 percent on Thursday after its shareholders gave preliminary approval to take the company private, while a dip in crude oil took the Saudi equity index lower in its final hour of trade. Ezdan Holding Group, with majority ownership by the ruling al Thani family, said shareholders who are against...

  • *Oil-linked currencies dip on signs of expected OPEC output cut. LONDON, May 25- The Canadian, Australian and New Zealand dollars all fell solidly on Thursday, tracking a drop in oil prices as OPEC countries meeting in Vienna looked like they would go no further with production cuts than previously expected by markets. But as oil prices struggled to get back into...

  • *Oil-linked currencies dip on signs of expected OPEC output cut. LONDON, May 25- The Canadian, Australian and New Zealand dollars all fell solidly on Thursday, tracking a drop in oil prices as OPEC countries meeting in Vienna looked like they would go no further with production cuts than previously expected by markets. But as oil prices struggled to get back into...

  • *Oil-linked currencies dip on signs of expected OPEC output cut. LONDON, May 25- The Canadian, Australian and New Zealand dollars all fell solidly on Thursday, tracking a drop in oil prices as OPEC countries meeting in Vienna looked like they would go no further with production cuts than previously expected by markets. But as oil prices struggled to get back into...

  • *Oil-linked currencies dip on signs of expected OPEC output cut. LONDON, May 25- The Canadian, Australian and New Zealand dollars all fell solidly on Thursday, tracking a drop in oil prices as OPEC countries meeting in Vienna looked like they would go no further with production cuts than previously expected by markets. But as oil prices struggled to get back into...