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  • *OPEC to cut output target in November meeting- Badri. *Russia to send troops to Crimea amid NATO exercises in Ukraine. NEW YORK, Sept 16- U.S. crude futures rose by more than $2 and Brent by more than $1 on Tuesday on the prospect of an OPEC production cut as well as on a weakening dollar and news that Libya had curbed output after rockets hit an area near a refinery.

  • *Russia to send troops to Crimea amid NATO exercises in Ukraine. NEW YORK, Sept 16- U.S. crude futures rose more by more than $2 and Brent by more than $1 on Tuesday on the prospect of an OPEC production cut as well as on a weakening dollar and news that Libya had curbed output after rockets hit an area near a refinery.

  • *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.

  • RUSSIAN CENTRAL BANK SEES OIL PRICES RETURNING TO ABOVE $100 PER BARREL IN COMING QUARTERS, SEES PRICE OF $102- $103 PER BARREL IN 2016-2017- POLICY DOCUMENT.

  • LONDON, Sept 16- Brent crude oil was slightly weaker, staying under $98 a barrel on Tuesday, pressured by weak economic data from the world's biggest energy consumers which pointed to weak demand growth at a time of strong supply. November Brent was down 10 cents to $97.78 a barrel by 0926 GMT.

  • LONDON, Sept 16- Brent crude oil fell towards $97 a barrel on Tuesday, pressured by weak economic data from the world's two biggest energy consumers which pointed to weak demand growth at a time of strong supply. November Brent was down 37 cents to $97.51 a barrel by 0810 GMT.

  • UPDATE 1-Brent holds below $98, capped by weak demand Tuesday, 16 Sep 2014 | 2:13 AM ET

    SINGAPORE, Sept 16- Brent crude was little changed at just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook.

  • Brent steady below $98, capped by weak demand Monday, 15 Sep 2014 | 11:17 PM ET

    SINGAPORE, Sept 16- Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook.

  • NYMEX-U.S. oil retreats on softer economic data Monday, 15 Sep 2014 | 8:29 PM ET

    It settled 65 cents a barrel higher at $92.92 on the previous session, recovering by more than $2 a barrel after falling earlier in the session towards 16- month lows. *November Brent gained 20 cents a barrel to $98.08 after it ended 8 cents lower at $97.88.

  • Brent crude takes a dip     Monday, 15 Sep 2014 | 2:44 PM ET

    CNBC's Jackie DeAngelis reports the strong dollar and weakness from China continues to put pressure on the price of oil. DeAngelis says Brent crude dipped under $97 a barrel.

  • NEW YORK, Sept 15- Oil prices slid to a 26- month low on Monday, and many other commodities also fell in a selloff that drove a sector benchmark near its lowest level this year on discouraging data out of China along with a stronger U.S. dollar.

  • *Russia to meet with OPEC as low prices pressure budget. NEW YORK, Sept 15- Brent and U.S. crude futures fell in choppy trading on Monday, with weak Chinese economic data pushing the expiring October Brent contract to a two-year low and news that Russia's energy minister would meet OPEC officials cushioning the drop.

  • Why US needs to repeal oil export ban: Hess CEO Monday, 15 Sep 2014 | 12:01 PM ET
    Pump jacks and wells on the Monterey Shale formation in California

    Lifting the 1970s ban on crude exports would go a long way to reducing energy prices and increasing jobs in the U.S., the CEO of Hess tells CNBC.

  • NEW YORK, Sept 15- Brent crude fell below $97 per barrel on Monday to its lowest in more than two years as lackluster economic data from China damped prospects for oil demand at a time of abundant supply, while expectations the Federal Reserve will provide new details this week about its plans to raise interest rates lifted the dollar.

  • CRUDE FUTURES TURN HIGHER, CHOPPY AS OCT BRENT APPROACHES CONTRACT EXPIRATION.

  • CRUDE OIL FUTURES FALL $1 TO $91.27 PER BARREL ON WEAK CHINA DATA.

  • *China Aug factory output growth slows to near 6- year low. LONDON, Sept 15- Brent crude oil on Monday slumped to its lowest in over two years, below $97 per barrel as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.

  • *China Aug factory output growth slows to near 6- year low. SINGAPORE, Sept 15- Brent crude slumped to a more than two-year low under $97 per barrel on Monday as lacklustre economic data from China, the world's top energy consumer, cast a shadow on the outlook for oil demand amid abundant global supplies.