GO
Loading...

Austria

More

  • *Oil under pressure ahead of this week's OPEC meeting. LONDON, Nov 25- Bets on more central bank support kept European shares at a two-month high and the region's bond yields at record lows on Tuesday, as oil prices hovered at just under $80 a barrel ahead of an OPEC meeting this week. Asian stocks had dipped despite another record high for Wall Street overnight, and...

  • VIENNA, Nov 25- Russia's most powerful oil official, Igor Sechin, was due in Vienna on Tuesday for talks with OPEC members as the group's leader Saudi Arabia kept the market guessing about its response to flagging oil prices. Sechin, the head of state oil company Rosneft and a close ally of Russian President Vladimir Putin, is expected to meet OPEC officials amid...

  • *OPEC meets in Vienna on Thursday to discuss production. LONDON, Nov 25- Brent crude oil prices steadied under $80 a barrel on Tuesday ahead of a key meeting of OPEC oil producers to decide on oil production levels for next year. Several OPEC members want the group to cut production dramatically to ease a global supply glut, but Saudi Arabia, the biggest exporter,...

  • VIENNA, Nov 25- Russia's most powerful oil official, Igor Sechin, was due in Vienna on Tuesday for talks with OPEC members as the group's leader Saudi Arabia kept the market guessing about its response to flagging oil prices. Sechin, the head of state oil company Rosneft and a close ally of Russian President Vladimir Putin, is expected to meet OPEC officials amid...

  • *OPEC meets in Vienna on Thursday to discuss production. SINGAPORE, Nov 25- Brent crude oil prices fell towards $79.20 on Tuesday as traders lowered their expectation of a significant output cut by OPEC, but the market received some support from an uptick in German GDP and hopes of strengthening U.S. data later in the day. "Investors appear to have lowered the...

  • Asia stocks rise after US growth revised higher Tuesday, 25 Nov 2014 | 3:09 AM ET

    NEW YORK— A slump in energy prices pushed the stock market back from record levels on Tuesday. Traders speculated that member nations of the oil-producing group OPEC would fail to agree on production cuts at an upcoming meeting in Vienna on Thursday. The gains are likely to continue for now, said Jim McDonald, chief investment strategist at Northern Trust.

  • *OPEC meets in Vienna on Thursday to discuss production. SINGAPORE, Nov 25- Brent crude oil prices fell to $79.50 on Tuesday as traders lowered their expectation of a significant output cut by OPEC, but the market received some support from hopes of strengthening U.S. and German GDP data. "Investors appear to have lowered the probability of a production cut at this...

  • *Russia, some OPEC members want 1 million bpd output cut. *OPEC meets in Vienna on Thursday to discuss production. SINGAPORE, Nov 25- Brent crude oil prices started Tuesday's Asian trading under $80 a barrel as traders lowered their expectation of a significant output cut by oil producers' club OPEC.

  • TOKYO, Nov 25- U.S. crude oil futures were steady below $76 a barrel in early trade on Tuesday as investors waited for a meeting of OPEC ministers that may produce output cuts to support slumping prices. *Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna on Nov.27.

  • *Market volatile as all await OPEC decision on cuts. NEW YORK, Nov 24- Crude prices ended lower, with Brent below $80 a barrel, after a volatile session on Monday as Russia's offer to add to OPEC output cuts led some to bet the group will agree on a higher production cut than thought when it meets this week. Russia, which needs higher oil prices to support its economy, tried...

  • *Russia helps markets by not raising oil output- Energy Minister Moscow may make oil output cuts of 15 mln t in 2015- paper. MOSCOW, Nov 24- Russia, in desperate need of higher oil prices, is making a last-ditch attempt to sway this week's OPEC meeting by suggesting Moscow could cut output if the group does the same. With oil prices threatening to go as low as $60 if OPEC...

  • UAE says OPEC will take "appropriate decision" -WAM Monday, 24 Nov 2014 | 9:27 AM ET

    DUBAI, Nov 24- The United Arab Emirates energy minister said OPEC countries would deal with the current fall in oil prices and would take the "appropriate decision", the state WAM news agency reported on Monday. WAM said Suhail bin Mohammed al-Mazroui did not elaborate on the nature or kind of decision that members of the Organization of the Petroleum Exporting...

  • *OPEC meeting Nov. 27 in Vienna. LONDON, Nov 24- Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna this week. "The market would question the credibility of OPEC and its influence on global oil markets if there was no cut," said Daniel Bathe, of Lupus Alpha Commodity Invest...

  • MOSCOW, Nov 24- Russia, in desperate need of higher oil prices, is making a last-ditch attempt to sway this week's OPEC meeting by suggesting Moscow could cut output if the group does the same. Non- OPEC member Russia needs an oil price of $100 per barrel to balance its budget. Citing sources, Kommersant daily newspaper said Russia might suggest cutting its oil...

  • Asia stocks fall as China rate cut effect fades Monday, 24 Nov 2014 | 4:22 AM ET

    The rally has been driven by optimism that central banks in Europe, China and Japan will take action to help invigorate economic growth outside the U.S., after the Federal Reserve ended its bond-buying stimulus program last month. "You clearly have momentum favoring stocks right now," said Russ Koesterich, chief investment strategist at Blackrock.

  • *Final day of talks on Iran nuclear programme. *OPEC to meet in Vienna on Nov. 27. LONDON, Nov 24- Brent crude oil stabilised around $80 a barrel on Monday as world powers met in Vienna for the final day of talks on Iran's nuclear programme ahead of a key meeting of producer group OPEC to discuss production.

  • MOSCOW, Nov 24- Russia may suggest cutting its oil production by around 15 million tonnes a year and expects OPEC to limit its output as well, Kommersant daily newspaper said, citing sources. Before OPEC meets later this week in Vienna, Russia has spoken to members Venezuela and Saudi Arabia about the need to support the oil market and hopes to press its message on...

  • *OPEC to meet in Vienna on Nov. 27. SINGAPORE, Nov 24- Brent crude futures rose above $80.50 a barrel on Monday ahead of a meeting of the producer group OPEC at which an output cut will be discussed, while China's move to lower interest rates late last week also underpinned prices. Asian markets rallied on Monday with shares in Shanghai hitting three-year highs as the...

  • *OPEC credibility may be in question if no cut agreed. LONDON, Nov 24- Oil prices could plunge to $60 a barrel if OPEC does not agree a significant output cut when it meets in Vienna this week, market players say. "The market would question the credibility of OPEC and its influence on global oil markets if there was no cut," said Daniel Bathe, of Lupus alpha Commodity Invest...

  • Asian stocks gain after China rate cut Sunday, 23 Nov 2014 | 11:00 PM ET

    BEIJING— Asian stocks rose Monday after China's surprise interest rate cut as investors looked ahead to European inflation data due out this week and OPEC meeting to discuss oil production levels. KEEPING SCORE: China's Shanghai Composite Index jumped 1.7 percent to 2,529.83 points and Hong Kong's Hang Seng surged 1.8 percent to 23,862.69.