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  • *OPEC members propose Iran cap output at 3.92 mln bpd. NEW YORK, Nov 18- A stronger dollar weighed down oil prices on Friday, but Brent crude was headed for its first weekly gain in five on hopes that OPEC might agree to limit production cuts at the end of the month. Iran has been the main stumbling block for capping production, and while it has not yet responded to the...

  • DOHA, Nov 18- OPEC is moving closer towards finalising this month its first deal since 2008 to limit oil output, with most members prepared to offer Iran significant flexibility on production volumes, ministers and sources said on Friday. On Friday, several OPEC oil ministers including Saudi Arabia's Khalid al-Falih met in Doha on the sidelines of a gas forum.

  • *European stock markets dip, Asia stocks closed down. LONDON, Nov 18- The dollar scaled to its highest level in almost 14 years against a basket of currencies on Friday, while U.S. bond yields were set for the biggest fortnightly rise in 15 years on bets U.S. inflation and interest rates are headed higher. In Asia, MSCI's broadest index of Asia-Pacific shares outside...

  • *Wall Street shares near record high, Asia under pressure. European shares were expected to open marginally higher, with spread-betters looking to rise of 0.3 percent in Germany's DAX and a flat opening for Britain's FTSE. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent to hover just above its four-month low touched...

  • *Wall Street shares near record high, Asia under pressure. TOKYO, Nov 18- Asian share markets weakened on Friday as rising U.S. bond yields carried the dollar to a more than 13-1/ 2 year high against a basket of major currencies, fuelled by expectations that President-elect Donald Trump's policies will lead to higher interest rates. The post-election shift in...

  • *Wall Street shares near record high, Asia under pressure. TOKYO, Nov 18- The dollar vaulted to 13 1/ 2- year highs against a basket of major currencies as U.S. bond yields rose, leaving Asian stocks vulnerable to potential rotation out of emerging markets to the United States. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent in early...

  • NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System and the Freelancers Union convene a forum titled "The Evolution of Work." Speakers include William Dudley, president and CEO of the Federal Reserve Bank of New York, and Lael Brainard of the Board of Governors of the Federal Reserve System. NEW YORK- Federal Reserve...

  • NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System and the Freelancers Union convene a forum titled "The Evolution of Work". Speakers include William Dudley, president and CEO of the Federal Reserve Bank of New York, and Lael Brainard of the Board of Governors of the Federal Reserve System. NEW YORK- Federal Reserve...

  • *Markets oversupplied as OPEC production surges. NEW YORK, Nov 17- Oil prices settled slightly lower on Thursday, then fell as much as 1 percent in the after-market session as a stronger dollar outweighed expectations of an OPEC deal to limit production. Saudi Energy Minister Khalid al-Falih said he was optimistic about OPEC's deal to limit oil output, while...

  • *Markets oversupplied as OPEC production surges. NEW YORK, Nov 17- Oil prices rose on Thursday, with U.S. crude briefly rising as much as $1 a barrel, as expectations of an OPEC deal to limit production outweighed oversupply concerns, but a rallying dollar capped gains. Falih said he believed the market was on its way to becoming balanced and that an agreement by OPEC...

  • *Markets oversupplied as OPEC production surges. NEW YORK, Nov 17- Oil prices rose on Thursday, with U.S. crude briefly rising as much as $1 a barrel as expectations of an OPEC deal to limit production outweighed global oversupply concerns, but a rallying dollar capped gains. Saudi Energy Minister Khalid al-Falih said he was optimistic OPEC would formalise a...

  • *OPEC ready for "forceful" deal to cut output- Maduro. LONDON, Nov 17- Oil prices rose on Thursday as expectations of an OPEC deal to limit production outweighed evidence of global oversupply and rising inventories, particularly in the United States. Saudi Energy Minister Khalid al-Falih said he was optimistic OPEC would formalize a preliminary oil output deal...

  • *Saudi minister optimistic on final OPEC deal. RIYADH/ DOHA, Nov 17- The energy minister for top OPEC exporter Saudi Arabia said on Thursday he was optimistic about OPEC's deal to limit oil output and mentioned the lower end of a previously agreed production target, helping spur a rally in the price of crude. OPEC agreed on Sept. 28 to limit supply to between 32.5...

  • *OPEC ready for "forceful" deal to cut output- Maduro. LONDON, Nov 17- Oil prices rose on Thursday as expectations of an OPEC deal to limit production outweighed evidence of global oversupply and rising inventories, particularly in the United States. Saudi Energy Minister Khalid al-Falih said he was optimistic OPEC would formalize a preliminary oil output deal...

  • RIYADH, Nov 17- Saudi Energy Minister Khalid al-Falih said on Thursday that OPEC should cut oil output to 32.5 million barrels per day, the lower end of a previously agreed range, to balance the market. OPEC agreed in Algeria on Sept. 28 to limit supply with special conditions given to Libya, Nigeria and Iran, whose output has been hit by wars and sanctions.

  • *OPEC ready for "forceful" deal to cut output- Maduro. LONDON, Nov 17- Oil prices rose on Thursday as expectations of an OPEC deal to limit production outweighed growing evidence of global oversupply and rising inventories, particularly in the United States. Saudi Energy Minister Khalid al-Falih said on Thursday he was optimistic OPEC would formalise a...

  • Colm Kelleher, president of Morgan Stanley.

    Morgan Stanley's Colm Kelleher says Jamie Dimon would be good for the U.S. if he were treasury secretary.

  • CARACAS, Nov 16- OPEC countries are ready to reach a "forceful" agreement on cutting oil output, Venezuelan President Nicolas Maduro said on Wednesday, following a meeting with OPEC Secretary-General Mohammed Barkindo in Caracas. OPEC agreed in Algeria on Sept. 28 to limit supply, with special conditions given to Libya, Nigeria and Iran, whose output has been hit by...

  • THURSDAY, NOVEMBER 17 WASHINGTON- Federal Reserve Chair Janet Yellen testifies on the economic outlook before the congressional Joint Economic Committee- 1500 GMT NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System, and the Freelancers Union convene a forum titled "The Evolution of Work". Speakers include William...

  • THURSDAY, NOVEMBER 17 WASHINGTON- Federal Reserve Chair Janet Yellen testifies on the economic outlook before the congressional Joint Economic Committee- 1500 GMT NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System, and the Freelancers Union convene a forum titled "The Evolution of Work." Speakers include William...