×

Europe Top News and Analysis Austria

  • *Most analysts expect OPEC- led production cut to be agreed. NEW YORK, Nov 23- Oil prices fell slightly on Wednesday amid investor doubts that OPEC will agree to a production cut large enough to make a significant dent in the global glut of crude as U.S. drilling rises. Members of the Organization of the Petroleum Exporting Countries will meet next week on Nov. 30 in...

  • *Most analysts expect OPEC- led production cut to be agreed. Wednesday despite investor doubts that OPEC will agree to a. Brent crude futures were up 5 cents at $49.16 a barrel, also trading in $1- range between $48.56 and $49.50.

  • *Most analysts expect OPEC- led production cut to be agreed. Wednesday despite investor doubts that OPEC will agree to a. In the U.S. market, West Texas Intermediate crude oil futures were up 19 cents at $48.22 a barrel at 10:44 a.m. EDT after rising to $48.43 earlier on Wednesday.

  • BAGHDAD, Nov 23- Iraq is willing to cut its crude oil output as part of OPEC's plan to reduce global supply and boost crude prices, Prime Minister Haider al-Abadi told reporters on Wednesday in Baghdad. OPEC agreed in September to reduce production, its first output cut since 2008, but left to be agreed separately the delicate matter of how much oil each of the 14...

  • BAGHDAD, Nov 23- Iraq is willing to cut its crude oil output as part of OPEC's plan to reduce global supply and boost crude prices, Prime Minister Haider al-Abadi told reporters on Wednesday in Baghdad. "What we lose in lowering production we will gain in oil revenues," he said. Abadi's comments are the clearest indication so far that Baghdad will support an OPEC plan...

  • MOSCOW, Nov 23- Russia has yet to plan how to freeze oil production and there has been no agreement among its leading producers on output curbs, three senior industry sources told Reuters on Wednesday, just days before an OPEC meeting. The pact is expected to be firmed up on Nov. 30 when OPEC holds a regular semi-annual meeting in Vienna, while the group expects other...

  • SYDNEY, Nov 23- London copper was little changed in Asian trade on Wednesday after overnight gains on signs of rising U.S. inflation and further depreciation in the yuan. *Three-month copper on the London Metal Exchange dipped 0.1 percent from the late London session to $5,607 a tonne by 0125 GMT. *Brazil says China, Russia dumping steel; holds fire on tariffs.

  • STOCKHOLM- Riksbank Deputy Governor Cecilia Skingsley speaks on monetary policy, the current economic situation and on why there is a negative repo rate in Sweden- 1100 GMT. BRUSSELS- European Central Bank President Mario Draghi gives introductory statement at the quarterly hearing before the Committee on Economic and Monetary Affairs of the European...

  • *Frankfurt court allows strike, Lufthansa appeal rejected. The pilot union said in a statement that all of Lufthansa's short and long-haul flights out of Germany will be affected by the continued industrial action, planned to run until 2259 GMT on Thursday. Lufthansa was seeking to prevent the strike going ahead late on Tuesday after a Frankfurt labour court...

  • *Frankfurt court allows strike, Lufthansa appeal rejected. Lufthansa was seeking to prevent the strike going ahead late on Tuesday after a Frankfurt labour court earlier rejected its application for an injunction. Flights by Lufthansa's other airlines including Germanwings, Eurowings, Austrian Airlines, SWISS and Brussels Airlines, are not affected by the...

  • *Three main Wall Street indexes, Russell 2000 end at records. NEW YORK, Nov 22- Wall Street's three main stock indexes ended at record highs for a second straight day on Tuesday, while European shares also rose on expectations that markets would benefit from U.S. In Europe, the pan-European STOXX 600 index and the FTSEurofirst 300 of top regional shares climbed to...

  • *Nigeria sees OPEC expert consensus on Tuesday. NEW YORK, Nov 22- Oil ended little changed on Tuesday in volatile trade that saw prices rise and fall by $1 a barrel depending on the latest comment from OPEC officials at a technical conference in Vienna on whether the cartel members would agree to an output cut. During the session, Brent gained $1 a barrel, bringing it...

  • *OPEC experts make recommendation, full deal still elusive. VIENNA/ DUBAI, Nov 22- OPEC will debate an oil output cut of 4.0-4.5 percent for all of its members except Libya and Nigeria next week but the deal's success hinges on an agreement from Iraq and Iran, which are far from certain to give full backing. Three OPEC sources told Reuters a gathering of experts from...

  • *Frankfurt court allows strike, Lufthansa appeals. Lufthansa was still seeking to prevent the strike going ahead late on Tuesday after a Frankfurt labour court earlier rejected its application for an injunction. Flights by Lufthansa's other airlines including Germanwings, Eurowings, Austrian Airlines, SWISS and Brussels Airlines, are not affected by the...

  • *OPEC experts make recommendation but full deal still elusive. *Iraq foreign min says would be unfair for OPEC to ask it to cut. VIENNA/ DUBAI, Nov 22- OPEC will debate an oil output cut of 4.0-4.5 percent for all of its members except Libya and Nigeria next week but the deal's success hinges on an agreement from Iraq and Iran, which are far from certain to give full...

  • *OPEC experts make recommendation but full deal still elusive. *Iraq foreign min says would be unfair for OPEC to ask it to cut. VIENNA/ DUBAI, Nov 22- OPEC will debate an oil output cut of 4.0-4.5 percent for all of its members except Libya and Nigeria next week but the deal's success hinges on an agreement from Iraq and Iran, which are far from certain to give full...

  • FRANKFURT, Nov 22- Lufthansa said it was seeking a temporary injunction on Tuesday to avert a strike after cancelling nearly a third of its flights on Wednesday due to a planned 24- hour work stoppage then by its pilots. The labour court in Frankfurt said a hearing on Lufthansa's injunction request was scheduled for 1400 GMT on Tuesday. Flights by Lufthansa's...

  • *Nigeria says OPEC talking of six-month deal duration. *Iraq says would be unfair for OPEC to ask it to cut. The High-Level Committee- a technical body comprised mainly of OPEC governors and national representatives who report to their respective ministers- started a second day of talks at OPEC headquarters in Vienna at about 0930 GMT.

  • LONDON- Bank of England Executive Director Vicky Saporta will speak at the Association of British Insurers- 1115 GMT. SYDNEY, Australia- Reserve Bank of Australia Head of Domestic Markets Chris Aylmer speaks at the Australian Securitisation Forum 2016.. CANBERRA- Reserve Bank of Australia Deputy Governor Geoff Bascand speaks on' Changing Dynamics in...

  • *Iran may only freeze production rather than cut. OPEC members are due to agree to a world oil freeze pact on Nov. 30 at a meeting in Vienna, Austria. In recent days, several OPEC members including Iran, along with non-member Russia, have suggested they were leaning toward a deal to limit output.