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  • SINGAPORE, Nov 21- Brent briefly touched $80 a barrel on Friday on speculation OPEC could agree to output cuts at its meeting next week, with strong U.S. economic data also bolstering oil prices. Libya, Ecuador and Venezuela earlier called for OPEC to cut production. Iran urged fellow OPEC members to shore up oil prices while saying a reduction in output was...

  • US oil manages to settle higher after brief dip Friday, 21 Nov 2014 | 2:54 PM ET

    US crude settled below $80 a barrel after China cut interest rates and on speculation OPEC could agree to reduce oil production.

  • NYMEX-U.S. crude climbs towards $77 on strong U.S. data Thursday, 20 Nov 2014 | 8:31 PM ET

    SINGAPORE Nov 21- U.S. crude climbed towards $77 a barrel in Asian trade on Friday following strong U.S. economic data overnight and mounting speculation oil ministers could agree production cuts at next week's OPEC meeting. *Venezuela would be willing to cut oil output if OPEC agrees to production cuts at the oil cartel's meeting on Nov. 27, its Foreign Minister...

  • Why the US rally won't fizzle out in 2015     Thursday, 20 Nov 2014 | 5:21 PM ET

    A report from Goldman Sachs said Wall Street's rally will end next year, leaving investors with low returns. Bruce McCain, Senior VP & Chief Investment Strategist at Key Private Bank, explains why he disagrees.

  • Commodities tomorrow: Oil stabilizes     Thursday, 20 Nov 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil is in a wait-and-see pattern, as traders look ahead to next week's OPEC meeting. Traders expect it to stay around $75.

  • Discovered new Iraq in US: Furman     Thursday, 20 Nov 2014 | 3:19 PM ET

    Discussing Keystone pipeline job creation and the health of U.S. oil production, Jason Furman, Council of Economic Advisers chairman, says "we've added production equivalent to discovering a new Iraq here in the United States."

  • Making money on nat gas futures     Thursday, 20 Nov 2014 | 2:09 PM ET

    As natural gas inventories fall, Pavel Molchanov, Raymond James, provides his outlook on natural gas prices and futures.

  • Betting on weaker dollar: Strategist     Thursday, 20 Nov 2014 | 2:03 PM ET

    James Paulsen, Wells Capital Management chief investment strategist, provides his outlook for the U.S. rally and gives three reasons why the market is heading for some turbulence.

  • Nov 20- Apache Corp slashed its capital budget for North America by a third as a sharp decline in oil prices over the past few months makes drilling less lucrative. A handful of companies, including Continental Resources Inc and Denbury Resources Inc have already cut spending plans and others are expected to follow suit. Apache said it expects to spend $4 billion...

  • Nat gas inventories fall 17 BCF     Thursday, 20 Nov 2014 | 10:30 AM ET

    CNBC's Jackie DeAngelis reports the latest natural gas inventories data.

  • The rouble was also supported by a firming oil price, with Brent crude gaining to $78.8 per barrel as markets weighed the possibility of OPEC cutting production at a key meeting on Nov. 27. "If OPEC takes a decision to reduce volumes this will have a notable impact on the rouble, but for the time being it will probably trade sideways," Grand Capital analyst Sergei...

  • UPDATE 5-Oil steadies above $78 as market awaits OPEC Thursday, 20 Nov 2014 | 8:42 AM ET

    *OPEC will cut production to 30 mln bpd target- Libyan official. *China flash PMI factory output contracts in Nov- HSBC survey. LONDON, Nov 20- Brent crude oil steadied above $78 a barrel on Thursday as reports that oil producers would agree to cut output next week offset weak economic data from China and Europe.

  • *OPEC will cut production to 30 m bpd target- Libyan official. LONDON, Nov 20- Brent crude oil fell below $78 a barrel on Thursday, as the demand outlook was hit by weak economic data in China and Europe, outweighing support from possible cuts in oil output at an OPEC meeting next week. "We've had disappointing data from China and Europe, and U.S. crude inventories are high,...

  • *OPEC will cut production to 30 m bpd target- Libyan official. SINGAPORE, Nov 20- Brent crude held above $78 a barrel on Thursday as the market waited for news on possible cuts in oil output ahead of an OPEC meeting next week. According to Samir Kamal, Libya's OPEC governor and head of planning at the Libyan oil ministry, ministers from the oil producers' cartel will...

  • *OPEC will cut production to 30 m bpd target- Libyan official. SINGAPORE, Nov 20- Brent crude held above $78 a barrel on Thursday as the market waited for news on possible cuts in oil output ahead of next week's OPEC meeting. According to Samir Kamal, Libya's OPEC governor and head of planning at the Libyan oil ministry, ministers from the oil producers' cartel will...

  • Brent sticks above $78 a barrel as market waits for OPEC Wednesday, 19 Nov 2014 | 10:50 PM ET

    *OPEC will cut production to 30 m bpd target- Libyan official. SINGAPORE, Nov 20- Brent crude held above $78 a barrel on Thursday as the market waited for news on possible cuts in oil output ahead of next week's OPEC meeting and a private survey showed China's factory output contracting for the first time in six months. According to Samir Kamal, Libya's OPEC governor...

  • AirAsia Q3 report card is 'commendable': RHB     Wednesday, 19 Nov 2014 | 10:21 PM ET

    Ahmad Maghfur Usman, Analyst for Regional Transport Research at RHB Research, says AirAsia's net profit improved sharply on-quarter and saw improvements in the performance of its associates.

  • WTI settles $1 higher on strong U.S. data Thursday, 20 Nov 2014 | 2:40 PM ET

    U.S. crude settled up $1 at $75.88 per barrell on Thursday as strong U.S. economic data bolstered crude markets.

  • SINGAPORE Nov 20- U.S. crude dropped towards $74 a barrel on Thursday, falling for a fourth straight day on a buildup in U.S. crude inventories and a U.S. *U.S. crude for December delivery fell 8 cents to $74.50 a barrel as of 0106 GMT, down 23 cents on the previous session, not far off last Friday's four-year low. *With oil prices at a four-year low, OPEC will cut oil...

  • James Lowell, CIO at Adviser Investments, says an improving job market and lower gas prices will induce strong spending until year-end.