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  • KIEV, Dec 3- Ukraine's Energy Minister Volodymyr Demchyshyn said on Wednesday an accident at the Zaporizhzhya nuclear power plant in southeast Ukraine posed no danger and that the plant would return to running as normal on Dec. 5. "There is no threat... there are no problems with the reactors," Demchyshyn said at briefing, saying the accident affected the power output...

  • DIARY -Top economic events to Dec 15 Tuesday, 2 Dec 2014 | 7:01 PM ET

    CHARLOTTE, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks on the economic outlook before the Charlotte Economics Club- 1730 GMT. WASHINGTON- Federal Reserve issues the Beige Book of economic condition- 1900 GMT. WASHINGTON- Federal Reserve Board Governor Lael Brainard and former Federal Reserve vice chair Donald Kohn...

  • *OPEC output 300,000 bpd above 30 million bpd target. Supply from the Organization of the Petroleum Exporting Countries averaged 30.30 million bpd in November, down from a revised 30.64 million bpd in October, according to the survey based on shipping data and information from sources at oil companies, OPEC and consultants. OPEC at its meeting in Vienna...

  • LONDON, Dec 1- "The market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism," Benjamin Graham and David Dodd wrote in their landmark work on "Security Analysis" in 1934.. Graham and Dodd became the founding fathers of fundamental analysis and had a huge influence on generations of fundamentally focused...

  • LONDON, Dec 1- "The market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism," Benjamin Graham and David Dodd wrote in their landmark work on "Security Analysis" in 1934.. Graham and Dodd became the founding fathers of fundamental analysis and had a huge influence on generations of fundamentally focused...

  • *U.S. light oil exports to Asia only started 4 months ago. SINGAPORE, Dec 1- An aggressive strategy by Mideast Gulf producers to exploit the lowest oil prices in five years to defend market share is showing signs of bearing fruit as U.S. crude exports to Asia grind to halt. Last week Ali al-Naimi, the oil minister of OPEC kingpin Saudi Arabia, warned his fellow OPEC...

  • *U.S. light oil exports to Asia only started 4 months ago. SINGAPORE, Dec 1- U.S. crude exports to Asia are grinding to a halt just four months after they began, in a sign of how an aggressive strategy by Gulf producers to defend their market share is starting to bear fruit. The move shows how the Organization of the Petroleum Exporting Countries, with its influential...

  • The slide came the day after oil cartel OPEC decided not to cut output in a meeting in Vienna. "We do not know if OPEC has ulterior motives to let oil prices drift lower and pinch the global sector, or if reaching a consensus on cuts was just too challenging," wrote Wells Fargo Securities in a Friday client note. "We'll wait to see the trend next week when there's full...

  • *OPEC decision not to cut output weighs on Nigeria unit. LAGOS, Nov 28- Nigeria's naira fell 2.5 percent on Friday, despite central bank intervention, and it briefly touched a record low on concerns OPEC's decision not to cut oil output would put further pressure on Nigeria's shaky finances. The central bank has struggled to keep the naira within its preferred band...

  • LONDON, Nov 28- The main bet that oil speculators are making for the first few months of next year is that a barrel of Brent crude will fall to $65, according to options market data. Speculators increased these positions before the OPEC meeting in Vienna this week, as expectations rose that it would not cut production- which turned out to be correct.

  • *Most Asian shares skid, but Japan, China buck downtrend. TOKYO, Nov 28- Oil prices seized the Asian spotlight on Friday, as related shares and currencies plunged in the wake of OPEC's decision to refrain from cutting output despite a supply glut. With U.S. markets shut on Thursday for the Thanksgiving holiday, investors focused on the Organization of Petroleum...

  • TOKYO, Nov 28- Oil prices, oil-related shares and oil-linked currencies all tumbled in Asia on Friday, in the wake of OPEC's decision to refrain from cutting output despite a huge oversupply. U.S. markets were closed on Thursday for the Thanksgiving holiday, leaving the spotlight on the Organization of Petroleum Exporting Countries' meeting in Vienna where...

  • TOKYO, Nov 28- Oil prices, oil-related shares and oil-linked currencies all tumbled in Asia on Friday, in the wake of OPEC's decision to refrain from cutting output despite a huge oversupply. U.S. markets were closed on Thursday for the Thanksgiving holiday, leaving the spotlight on the Organization of Petroleum Exporting Countries' meeting in Vienna where...

  • CARACAS, Nov 27- Venezuela will keep campaigning until oil prices rebound to $100 per barrel, president Nicolas Maduro said on Thursday night after OPEC refused to cut output as the cash-strapped South American country had aggressively pushed for. The decision is a blow to Venezuela's flailing economy, widely believed to be in recession, and also highlights...

  • MOSCOW, Nov 27- Russia's most powerful oil official Igor Sechin said in an interview with an Austrian newspaper that oil prices could fall below $60 by mid-way through next year. Sechin, chief executive of Rosneft, Russia's largest oil producer, also said U.S. oil production would fall after 2025 and that an oil market council should be created to monitor prices,...

  • *OPEC leaves oil output unchanged. Nov 27- Brent crude oil plunged as much as $6.50 a barrel on Thursday, and U.S. crude fell by nearly as much, posting the steepest one-day falls since 2011, after OPEC decided against cutting output despite a huge oversupply in world markets. Crude prices have been falling all week as traders and analysts scaled back expectations...

  • MOSCOW, Nov 27- Russia's most powerful oil official Igor Sechin said that oil prices could fall below $60 by mid-way through next year, speaking the same day OPEC met in Vienna and left its output targets unchanged. On Thursday, OPEC decided against production cuts to halt a slide in global oil prices, sending benchmark Brent crude plunging to a fresh four-year low...

  • CARACAS, Nov 27- Venezuela will maintain contact with non- OPEC countries to seek a "fair" global oil price, Foreign Minister Rafael Ramirez said on Thursday, despite OPEC's refusal to cut output as the cash-strapped South American country had aggressively pushed for. Saudi Arabia blocked calls from poorer members of the OPEC oil exporter group for production...

  • *OPEC leaves oil output unchanged. Nov 27- Brent crude oil plunged as much as $6.50 a barrel on Thursday, and U.S. crude dropped by nearly as much, posting their steepest one-day falls since 2011, after OPEC decided against cutting output despite a huge oversupply in world markets. Crude prices have been falling all week as traders and analysts scaled back...

  • CARACAS, Nov 27- Venezuela will maintain contact with non- OPEC countries to seek a "fair" global oil price which it still thinks should be around $100, Foreign Minister Rafael Ramirez said on Thursday.