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  • DIARY - Top economic Events to Nov 26 Wednesday, 12 Nov 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen gives welcome remarks before the European Central Bank, Federal Reserve Board, and Federal Reserve Bank of New York Conference: Global Research Forum on International Macroeconomics and Finance- 1745 GMT. STANFORD- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks on the oil boom in...

  • *Saudi Arabia reports little change in October output. LONDON, Nov 12- Global demand for oil from OPEC next year will be far below its current output level because of the U.S. shale boom, the group said on Wednesday, as its top producer, Saudi Arabia, kept silent on whether it will cut output to remove surplus oil from the market. This is the last report before OPEC meets in...

  • *OPEC could cut output by 500,000 bpd at Nov meeting- delegates. With oil prices having fallen 30 percent since June, OPEC delegates are starting to suggest the producer group could informally cut output by around 500,000 barrels per day when it meets in Vienna on Nov. 27. "The consensus view is OPEC won't take any action, or if it does, not big enough or sufficiently...

  • SINGAPORE Nov 12- U.S. crude futures fell on Wednesday as the dollar held close to a seven-year high, but tensions in Ukraine and the Middle East helped keep prices for the commodity above $77 per barrel. *The survey was taken ahead of weekly inventory reports from industry group the American Petroleum Institute and the U.S. Department of Energy's Energy...

  • OPEC delegates start whispering about potential oil cut Tuesday, 11 Nov 2014 | 12:27 PM ET

    *OPEC delegate says informal output cut a possibility. LONDON/ ABU DHABI, Nov 11- A subtle shift may be taking place within OPEC as it heads into its most important meeting in years, according to delegates with the producer group, as the discussion over whether it needs to cut output to defend oil revenues quietly intensifies. OPEC's Secretary General Abudulla...

  • DIARY - Top economic Events to Nov 24 Monday, 10 Nov 2014 | 7:01 PM ET

    STOCKHOLM- Sveriges Riksbank will release the minutes of October monetary policy meeting- 0830 GMT. WELLINGTON- Reserve Bank of New Zealand releases Financial Stability Report, which assesses the soundness and efficiency of the New Zealand financial system- 2000 GMT. STOCKHOLM- Sweden Financial Stability Council meeting.

  • *Ukraine accuses Russia of sending column of tanks across border. NEW YORK, Nov 7- U.S. crude climbed less than a dollar on Friday but finished down more than 2 percent for the week, marking the first time the benchmark has fallen for six straight weeks since December 1998. The Friday rally was driven in part by geopolitical tremors in Ukraine and the dollar backing...

  • *Ukraine accuses Russia of sending column of tanks across border. The Ukrainian military accused Russia of sending 32 tanks and truckloads of troops across the border, which if true would signal an end to the lull in violence between the two countries. "There's not been a single supply disruption from the Ukraine situation in the past four, five months, though this...

  • *OPEC sees lower market share due to U.S. shale boom. LONDON, Nov 7- Brent crude oil steadied below $83 a barrel on Friday, consolidating after several months of sharp falls as the dollar hit a four-year high ahead of U.S. jobs figures. The benchmark hit a four-year intra-day low of $81.63 on Wednesday, down from a high above $115 in June.

  • *OPEC sees lower market share due to U.S. shale boom. LONDON, Nov 7- Brent crude oil fell below $83 a barrel on Friday after the dollar hit a four-year high and supplies of high quality, light crude continued to overwhelm demand in many markets. Brent was down 30 cents at $82.56 a barrel by 0930 GMT.

  • PORLAMAR, Venezuela, Nov 5- Saudi Oil Minister Ali al-Naimi and Venezuelan Foreign Minister Rafael Ramirez met on Wednesday as part of a climate change conference on Venezuela's Margarita Island but offered no comment on oil markets afterward. He remains Venezuela's OPEC delegation head. Venezuela has led calls for an emergency OPEC meeting to stem the drop...

  • *Vitol CEO expects serious talks on cut at OPEC meeting. *OPEC needs to cut 1.5 mbpd, 50:50 chance of cut- Mercuria CEO. OPEC members Kuwait and Iran have also said a cut in production at the Nov. 27 OPEC meeting was unlikely.

  • *OPEC concerned over price fall but not panicking- UAE. LONDON, Nov 4- Brent crude oil fell to a more than four-year low near $82 a barrel on Tuesday, after top oil exporter Saudi Arabia cut sales prices to the United States. The world's top exporter increased its December sales prices, relative to benchmarks, to Asia and Europe on Monday, but lowered prices to the United...

  • *OPEC concerned over price fall but not panicking- UAE. LONDON, Nov 4- Brent crude oil fell below $84 a barrel on Tuesday, extending losses to a fourth consecutive session after top oil exporter Saudi Arabia cut sales prices to the United States. The world's top exporter increased its December sales prices, relative to benchmarks, to Asia and Europe on Monday, but...

  • *Saudi Arabia slashes oil prices for U.S. customers. *OPEC concerned over price fall but not panicking- UAE. SINGAPORE, Nov 4- Brent crude fell below $84 a barrel on Tuesday, extending losses to a fourth session after top oil exporter Saudi Arabia cut prices to the United States.

  • BUCHAREST, Nov 4- International creditors to crisis-hit lender Corporate Commercial Bank warned Bulgarian authorities on Tuesday that letting the bank fail would be more expensive than saving it and risked years of lawsuits. Corpbank's closure sparked the eastern European state's worst financial crisis since the 1990 s and, more than four months after its...

  • *Saudi Arabia slashes oil prices for U.S. customers. SINGAPORE, Nov 4- Brent crude fell towards $84 a barrel on Tuesday, extending losses to a fourth session after top oil exporter Saudi Arabia cut prices to the United States. The cut hammered oil prices on Monday as it underscored Saudi efforts to fight for market share in the world's largest oil consumer while...

  • In a series of private meetings from Madrid to Cancun, ministers from Saudi Arabia, Venezuela and Mexico set aside months of acrimony to hammer out production cuts. If anything, Naimi may simply seek to explain Saudi Arabia's latest stance on the market, a tough message about how all big producers must be prepared to endure a period of lower prices in order to slow...

  • *Saudi Arabia slashes oil prices for U.S. customers. SINGAPORE, Nov 4- Brent crude fell towards $84 a barrel on Tuesday, extending losses to a fourth session after top oil exporter Saudi Arabia cut prices to the United States. The cut hammered oil prices on Monday as it underscored Saudi efforts to fight for market share in the world's largest oil consumer while...

  • SEOUL, Nov 4- U.S. crude prices extended losses to around $78.30 a barrel on Tuesday in early Asian trades after Saudi Arabia's price cuts for U.S. customers and strong U.S. dollars triggered its lowest since mid-2012 on the previous session. On Monday it settled down $1.76 at $78.78 after hitting a low of $78.14 per barrel, its lowest since June 2012.