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  • DIARY- Emerging Markets Economic Events to May 7 Friday, 24 Apr 2015 | 8:02 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • *OPEC surplus nears 10- year high of 2 mln barrels per day. LONDON, April 24- Brent crude edged up on Friday, poised to mark a third consecutive week of price increases as air strikes in Yemen stoked concerns over the security of Middle East oil shipments. A softer U.S. dollar and strong economic indicators in Europe and Asia also lent support to oil prices despite OPEC...

  • *Saudi-led coalition continues Yemen bombings. *OPEC surplus nears 10- year high of 2 mln barrels per day. LONDON, April 24- Brent crude was on track to finish the week near 2015 highs on Friday as air strikes in Yemen stoked concerns over the security of Middle East oil shipments.

  • *Saudi-led coalition continues Yemen bombings. *OPEC surplus nears 10- year high of 2 mln barrels. LONDON, April 24- Brent crude looked set to finish the week near 2015 highs on Friday as air strikes in Yemen stoked concerns over the security of Middle East oil shipments.

  • *Saudi-led coalition continues Yemen bombings. SINGAPORE, April 24- Oil prices held steady on Friday near 2015- highs reached the session before, remaining on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments. Brent crude for June delivery had climbed 22 cents to $65.09 a barrel by 0706 GMT,...

  • *Saudi-led coalition continues Yemen bombings. SINGAPORE, April 24- Oil prices on Friday edged down from 2015- highs reached in the previous session, but prices remained on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments. Brent crude for June delivery was down 30 cents at $64.55 a barrel by...

  • Oil prices edge back from 2015-highs Thursday, 23 Apr 2015 | 10:26 PM ET

    *Saudi-led coalition continues Yemen bombings. SINGAPORE, April 24- Oil prices on Friday edged back from 2015- highs reached the session before, but remain on course for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments. The spike in prices on Thursday came as warplanes from a Saudi-led coalition...

  • NYMEX-Crude eases after jump, set for 6th weekly gain Thursday, 23 Apr 2015 | 8:20 PM ET

    TOKYO, April 24- U.S. crude futures edged back on Friday from a four-month high touched a day earlier, but were on course for a sixth straight weekly gain after renewed air strikes in Yemen stoked concerns about the security of Middle East oil shipments. *NYMEX crude for June delivery was down 24 cents at $57.50 a barrel by 0004 GMT, after settling up $1.58 at $57.74 on...

  • *Brent crude hits year high above $65, U.S. crude above $58. *Rally fueled by Saudi-led bombing of Yemen, slowing U.S. output. NEW YORK, April 23- Crude oil prices jumped 3 percent on Thursday, hitting 2015 highs while U.S. gasoline rose to its highest in nearly five months after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns...

  • NEW YORK, April 23- Oil prices jumped 3 percent on Thursday to their highest levels of this year, after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies. "The Saudi escalation of its Yemen campaign is producing exactly the kind of geopolitical tensions oil is known to rally for,"...

  • *Saudi-led coalition resumes bombing of Yemen. LONDON, April 23- Brent crude oil rose more than a dollar to above $64 a barrel on Thursday on heightened concerns over the security of Middle East supplies as a civil war escalated in Yemen. Yemen is a tiny oil producer but the Bab el- Mandeb Strait on its southern coast controls access to the Red Sea, Suez Canal and the...

  • DUBAI, April 23- The Islamic Corporation for the Development of the Private Sector, an arm of the Jeddah- based Islamic Development Bank, said it would lead manage a 300 billion CFA franc Islamic bond program for Ivory Coast. A series of African countries is entering the sukuk market to take advantage of rising demand for Islamic paper among investors in the Middle...

  • DUBAI, April 23- The Islamic Corporation for the Development of the Private Sector, an arm of the Jeddah- based Islamic Development Bank, said it would lead manage a 300 billion CFA franc Islamic bond programme for Ivory Coast. The programme would issue Ivory Coast's first sovereign sukuk in order to finance development projects. It will be conducted in two equal...

  • LONDON, April 23- Oil prices steadied on Thursday as news of another steep rise in U.S. crude inventories countered concerns over the security of Middle East supplies due to an escalating conflict in Yemen. Saudi-led coalition warplanes bombed Yemen again on Thursday despite an announcement by Riyadh that it was ending its campaign of air strikes.

  • UPDATE 2-Oil prices edge lower on rising US inventories Thursday, 23 Apr 2015 | 3:33 AM ET

    SINGAPORE, April 23- Oil prices fell slightly on Thursday as rising U.S. crude inventories due to robust shale production outweighed concerns over renewed air strikes in Yemen. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh a day earlier that it was ending its campaign of air strikes.

  • SINGAPORE, April 23- Oil prices held steady on Thursday as renewed fighting in Yemen countered worries over rising U.S. crude inventories due to still-robust shale production. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh a day earlier that it was ending its campaign of air strikes.

  • Oil prices extend gains as Yemen bombing continues Wednesday, 22 Apr 2015 | 10:08 PM ET

    SINGAPORE, April 23- Oil prices extended gains on Thursday as renewed fighting in Yemen brought focus back on potential supply disruptions in the Middle East. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh that it was ending its campaign of air strikes. While Yemen itself is not among the biggest oil...

  • NYMEX-Crude edges up over $56 after 2 days of losses Wednesday, 22 Apr 2015 | 8:03 PM ET

    TOKYO, April 23- U.S. crude futures inched up on Thursday to hold above $56 a barrel after two days of losses, as renewed fighting in Yemen countered worries over rising U.S. inventories due to ample supplies and robust shale production. *It settled down 45 cents on Wednesday after the Energy Information Administration data showed that U.S. crude stockpiles rose by...

  • *Continued fighting in Yemen helps Brent close up 1 pct. NEW YORK, April 22- Oil prices diverged on Wednesday with Brent closing up on renewed fighting in Yemen while U.S. crude fell after another weekly rise in inventories despite slower production. Futures of U.K. North Sea Brent, the more globally used benchmark for crude, settled up 1 percent as warplanes from a...

  • *Continued fighting in Yemen supports Brent higher. NEW YORK, April 22- Oil futures diverged on Wednesday as renewed fighting in Yemen pushed Brent higher while U.S. crude prices seesawed after a second straight week of production declines despite higher inventories. U.K. North Sea Brent, the more globally-used benchmark for crude, rose more than 1 percent as...