Exxon Mobil said the U.S. government has allowed it to wind down activity on a Russian Arctic drilling well that has been a target of U.S. sanctions.» Read More
WASHINGTON, Sept 18- Lockheed Martin Corp is close to signing a roughly $4 billion deal with the U.S. Defense Department for 43 more F-35 fighter jets that will lower the cost of the jet's airframe by 2 to 4 percent, sources familiar with the program said.
DALLAS- Federal Reserve Bank of Dallas President Richard Fisher moderates panel, "Perspectives on the Fed's Role in International Crises" before a conference hosted by the Federal Reserve Bank of Dallas- 2100 GMT.
STOCKHOLM- Sveriges Riksbank will release the minutes of September monetary policy meeting- 0730 GMT. STOCKHOLM- Sweden Central Bank Deputy Governor Martin Floden speaks on the topic "The economic situation and my views on monetary policy"- 0900 GMT.
*OPEC to cut output target in November meeting- Badri. NEW YORK, Sept 16- Brent and U.S. crude futures rose more than a dollar on Tuesday on the prospect of a possible OPEC production cut and on news that Libya curbed output after rockets hit an area near a refinery.
*OPEC to cut output target in November meeting- Badri. LONDON, Sept 16- Brent crude oil rose above $98 per barrel on Tuesday, as the prospect of a likely supply cut from OPEC outweighed the impact of weak demand from the world's biggest energy consumers.
PARIS, Sept 15- World powers backed military measures on Monday to help defeat Islamic State fighters in Iraq, boosting Washington's efforts to set up a coalition, but made no mention of the tougher diplomatic challenge next door in Syria.
*France sends fighter jets for reconnaissance mission over Iraq. PARIS, Sept 15- French President Francois Hollande called on Monday for united international action to tackle the threat from Islamic State militants as he opened a conference on Iraq bringing together members of a U.S.-led coalition.
MILAN- EU finance ministers and central bankers meet in Milan. ECB President Mario Draghi, Vice President Vitor Constancio and ECB Supervisory Board Chair Daniele Nouy to attend. PARIS- Chinese Vice Premier Ma Kai to chair the second China-France High-Level Economic and Financial dialogue in France with French Finance Minister Michel Sapin.
Treasury Deputy Secretary Sarah Bloom Raskin attends the Making Home Affordable Help for Homeowners event in Baltimore- 1700 GMT. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.
WELLINGTON- Reserve Bank of New Zealand announces Monetary Policy Statement and Official Cash Rate. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.
LONDON, Sept 9- Brent crude oil prices fell back below $100 per barrel on Tuesday in volatile trade, down for a fourth day and under pressure from strong supplies. However, the potential for disruption to production in Iraq where a violent insurgency by Islamic State continues has helped prevent further weakness.
The potential for supply disruption in Iraq where a violent insurgency by Islamic State continues has helped prevent further weakness. Brent was trading up 33 cents at $100.53 at 1135 GMT after ending the previous session 62 cents lower. On Monday, prices slid below $100 for the first time in more than 14 months and hit a low of $99.36- the weakest since May 1, 2013.
Steady or growing output from Iraq and Libya, where investors had feared violence would cut production, and the shale oil boom in the United States as well as a stronger U.S. dollar have helped to depress the oil price. However, uncertainty in Iraq and possible threats to production there and in Libya could lead to sharp gains at short notice, analysts said.
LONDON, Sept 9- Brent crude fell for a fourth straight day on Tuesday, with prices near a 16- month low below $100 a barrel, under pressure from ample global supplies and slower-than-expected growth in the world's top oil consumers.
STOCKHOLM, Aug 24- Johan and Alejandra are the kind of Swedes the IMF has been warning about- piling up debt to keep up with an ever-rising property market and fund a lifestyle of travel, maids and nights out. The couple plan to buy a flat in Stockholm for 5 to 6 million Swedish crowns, initially with an interest-only bank loan, among other spending plans.
LONDON/ MOSCOW, Aug 17- People from Britain who go to Cyprus in August are usually after sun, sea and sand but one Lincolnshire man, a trader in fruit and vegetables, is heading there this week for the potatoes. Since Russia barred imports of food from most of the rest of Europe, businesses are jostling for new buyers and sellers.
OSLO, Aug 11- Norway's leading salmon farmers could escape the worst of Moscow's sanctions on Western countries by redirecting some of their produce from farms in Chile to Russia, a top producer and analysts said on Monday.
LONDON, Aug 8- Oil companies in Iraqi Kurdistan withdrew more staff on Friday as the United States launched airstrikes to defend the regional capital Arbil from Islamic State militants and Britain told its citizens to leave. London- listed Afren and Toronto- listed Oryx said on Friday they were cutting production at oilfields closest to the fighting.
LONDON, Aug 8- European dairy firms halted production of cheese and butter destined for Russia and Norwegian salmon prices fell, as a wide array of small fresh food producers felt the first impact from Moscow's tit for tat ban on their goods.
OSLO, Aug 8- Norwegian farmed salmon prices for delivery next week are seen falling around 10 percent compared to a week earlier, weighed down by Russia's ban on fish imports from Western nations, market sources said on Friday.