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  • Stock gains fizzle; Indexes still near records Tuesday, 25 Nov 2014 | 4:11 PM ET

    NEW YORK— The U.S. stock market is ending the day pretty much it started, leaving indexes near record highs. Investors were weighing an upward revision in U.S. economic growth Tuesday against a drop in consumer confidence. Energy stocks fell 1.6 percent after the price of oil resumed its slide ahead an OPEC meeting on Thursday.

  • NEW YORK, Nov 25- Oil tumbled 2 percent to near four-year lows on Tuesday in another volatile session as a meeting of Saudi Arabia and three other nations ahead of an OPEC summit ended with no deal to curb crude output. Saudi Oil Minister Ali al-Naimi held talks with officials from Venezuela, Russia and Mexico in Vienna before Thursday's summit of the Organization...

  • Oil prices are already down about 30 percent since June, and with little consensus about the likely outcome from a meeting of ministers from the Organization of the Petroleum Exporting Countries meeting on Nov. 27, a snap back seems unlikely and a further trend decline very possible. This is an unusual oil price fall, and one which is more about a structural change...

  • *Oil falls after talks with non- OPEC producers yield no cuts. Oil prices fell more than $1 a barrel to near four-year lows after a meeting between OPEC members Saudi Arabia and Venezuela with non- OPEC producers Russia and Mexico resulted in no deal to curb output to counter a 30 percent slump in prices since June. OPEC meets in Vienna on Thursday.

  • A reduction in the quota, likely to 29.5 million barrels per day, dismissing some price war fears and sparking a rally. We therefore do not expect the cartel to be able to prevent the price of a barrel of Brent from falling to $70 by the end of 2016, even if this is below OPEC's current comfort zone. " "With the decline in prices, the likelihood of OPEC announcing a...

  • *Losses pared after WSJ reports OPEC may agree on cut. NEW YORK, Nov 25- Oil prices tumbled to near four-year lows before paring some losses on Tuesday as the market was hit with conflicting signals on whether OPEC will agree to curb output at its meeting this week. Crude prices reversed early gains and fell more than $1 a barrel after a meeting in Vienna on Tuesday...

  • Oil prices continue to squeeze OPEC     Tuesday, 25 Nov 2014 | 1:01 PM ET

    CNBC's Kate Kelly provides details into advanced discussions ahead of OPEC's meeting set for Thursday in Vienna.

  • US energy is growing—and so is US 'power' Tuesday, 25 Nov 2014 | 1:00 PM ET
    A floor hand for Raven Drilling, works on an oil rig drilling into the Bakken shale formation outside Watford City, North Dakota.

    Over the next 25 years, the U.S. will become a global energy powerhouse. That shift will reshape geopolitical power.

  • Europe shares end higher; banks rally on stimulus hopes Tuesday, 25 Nov 2014 | 12:48 PM ET

    PARIS, Nov 25- European stocks ended slightly higher on Tuesday as euro zone banking shares climbed on mounting expectation of more stimulus from the European Central Bank. Crude prices fell again on Tuesday, down by more than $1 a barrel to near four-year lows, after a meeting between Saudi Arabia, Venezuela and major non- OPEC oil exporters ended with no deal on...

  • Guessing game: What are OPEC nations thinking? Tuesday, 25 Nov 2014 | 12:08 PM ET

    Trying to guess what OPEC members are thinking in the run-up to Thursday's meeting in Vienna is a high stakes parlor game for energy analysts, political scientists and armchair geo-politicians. There is political upheaval across the Middle East, Iran is suffering under Western sanctions, and surprising growth in oil production outside of OPEC is sapping...

  • As OPEC faces tough test, lower oil prices loom Tuesday, 25 Nov 2014 | 12:07 PM ET

    NEW YORK— These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day. But there is widespread doubt that OPEC will be able to do much of anything when it meets Thursday in Vienna. "OPEC countries do exactly what we would expect them to do if there were no such thing as OPEC."

  • *Meeting held ahead of Thursday's OPEC summit. NEW YORK, Nov 25- Oil prices tumbled by more than $1 a barrel on Tuesday to near four-year lows, reversing early gains after a meeting between Saudi Arabia, Venezuela and major non- OPEC oil exporters ended with no deal on curbing output. Saudi Oil Minister Ali al-Naimi met with officials from Venezuela, Russia and Mexico...

  • VIENNA, Nov 25- Talks between Saudi Arabia, fellow OPEC member Venezuela and oil powers Russia and Mexico failed to find an agreement to address a growing oil glut on Tuesday, with no side saying they would lower output despite a collapse in prices. In a day of shuttle diplomacy ahead of OPEC's crucial output meeting in Vienna on Thursday, Russian and Mexican energy...

  • *Oil steady ahead of this week's OPEC meeting. NEW YORK, Nov 25- A surprising upward revision in U.S. third-quarter economic growth set off an early rally on Wall Street on Tuesday only to see prices knocked back by the lowest U.S. consumer confidence data since June, dragging down the U.S. dollar in the process. Earlier bets on more support from the European Central...

  • Crude falls before big OPEC meeting     Tuesday, 25 Nov 2014 | 11:43 AM ET

    CNBC's Steve Sedgwick reports on moves in oil ahead of the OPEC meeting in Vienna.

  • OPEC: We're concerned about investment     Tuesday, 25 Nov 2014 | 11:30 AM ET

    CNBC's Steve Sedgwick talks about the upcoming OPEC meeting with Venezuelan Foreign Minister Rafael Ramirez, who says investment is of great concern.

  • Oil: Do we need $100 per barrel?     Tuesday, 25 Nov 2014 | 11:00 AM ET

    CNBC's Steve Sedgwick reflects upon the upcoming OPEC meeting and discusses efforts to push the oil price to $100 per barrel.

  • *Shuttle diplomacy heats up ahead of OPEC meeting. VIENNA, Nov 25- Saudi Arabia met fellow OPEC member Venezuela and oil powers Russia and Mexico in Vienna on Tuesday, as some of the world's largest crude producers engaged in last-minute shuttle diplomacy in a bid to convince OPEC kingpin Riyadh to support prices. Saudi has kept the market guessing about its...

  • *Saudi's Naimi meets Russian, Venezuelan and Mexican counterparts Meeting held ahead of Thursday's OPEC summit. NEW YORK, Nov 25- Oil prices rose on Tuesday, with Brent crude above $80 per barrel, after news that Saudi Arabian Oil Minister Ali al-Naimi was meeting with his Russian, Venezuelan and Mexican counterparts ahead on an OPEC meeting that could cut output.

  • Saudi oil min meeting Russia, Venezuela and Mexico Tuesday, 25 Nov 2014 | 9:51 AM ET

    VIENNA, Nov 25- Saudi Arabian Oil Minister Ali al-Naimi is currently meeting with the energy ministers of Russia, Venezuela and Mexico, sources familiar with the matter said on Tuesday. Russia's most powerful oil official, Igor Sechin, the head of state oil company Rosneft, is also attending the discussions, the sources said. Ministers from OPEC member countries...