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OPEC

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  • *China watchdog probes mkt after over stock slump since June. Front-month U.S. crude futures were trading at $56.54 per barrel at 0038 GMT, down 39 cents from their last settlement. The rising U.S. rig count adds to near record production by OPEC and Russia.

  • Brent futures were trading 29 cents higher at $62.30 per barrel at 0946 GMT. "Overall, production was supported by increased output from the Gulf of Mexico," Barclays said in a note following the publication of the data. Outside the United States, supply from the Organization of the Petroleum Exporting Countries rose to a three-year high of 31.60 million barrels...

  • CARACAS, July 1- A World Bank tribunal has rejected Venezuela's request to recuse two arbitrators in a dispute with U.S. oil firm ConocoPhillips linked to the 2007 nationalization of the company's assets in the OPEC nation. The Oil Ministry said in March it asked the International Centre for Settlement of Investment Disputes to remove arbitrators Kenneth...

  • CARACAS, July 1- A World Bank tribunal has rejected Venezuela's request to recuse two arbitrators in a dispute with U.S. oil firm ConocoPhillips linked to the 2007 nationalization of the company's assets in the OPEC nation. The Oil Ministry said in March it asked the International Centre for Settlement of Investment Disputes to remove arbitrators Kenneth...

  • *OPEC output at three-year highs in June- Reuters survey. The dollar's rally on Greece's debt default, Iran's renewed efforts to reach a nuclear deal with the West to freely resume its crude exports, and signs of OPEC output at three-year highs, further weighed on the market. But the overall feel is that we have more than enough crude and the market could be in a...

  • *OPEC output rises to three-year high. LONDON, July 1- Oil fell to trade further below $63 a barrel on Wednesday after U.S. crude inventories unexpectedly rose, the latest sign of a supply glut that may increase if Iran reaches a nuclear deal with world powers. "The oil market is being literally flooded with OPEC crude oil at present," said Carsten Fritsch, analyst at...

  • *OPEC, U.S. output rises to multi-year highs. LONDON, July 1- Oil fell below $63 a barrel on Wednesday after Greece defaulted on its debt to the International Monetary Fund while U.S. and OPEC production hit new highs, prompting concern about risks to the economic outlook and ample supply. "The oil market is being literally flooded with OPEC crude oil at present," said...

  • *Greece not able to repay 1.6 bln euros owed to IMF. *OPEC, U.S. output rises to multi-year highs. SINGAPORE, July 1- Oil prices fell over 1 percent on Wednesday after Greece became the first developed economy to default on a loan with the International Monetary Fund, and as both U.S. and OPEC production hit new records.

  • QUITO, June 30- Ecuador's economy grew 3 percent in the first quarter compared with the same period last year and was fueled by the non-oil sector, the central bank said on Tuesday. In 2014, Ecuador's economy grew 3.5 percent in the first quarter from the year-ago period. Ecuador is the smallest member of OPEC and depends heavily on oil and mining.

  • *OPEC, U.S. output rises to multi-year highs. SINGAPORE, July 1- Oil prices fell on Wednesday after Greece became the first developed economy to default on a loan with the International Monetary Fund and as both U.S. and OPEC production hit new records. "Iraqi crude production climbed to a record level this month, with OPEC crude oil output estimated to have reached...

  • Commodities tomorrow: Crude bucks the buck Tuesday, 30 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: Crude bucks the buck

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • *Iraq exports hit record despite Baghdad, KRG tension. LONDON, June 30- OPEC oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi Arabia, a Reuters survey found, underlining the focus of the group's top exporters on market share. OPEC supply has risen in June to 31.60 million bpd from a revised 31.30 million bpd in...

  • Commodities tomorrow: Dollar up, crude down Monday, 29 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: Dollar up, crude down

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Oil markets await Iran nuclear talks Monday, 29 Jun 2015 | 12:43 AM ET
    Oil markets await Iran nuclear talks

    If the nuclear talks produce a historic breakthrough, Iran might bring an additional 400,000 barrels of oil per day from October, says Scott Darling, regional head of oil and gas research at JP Morgan.

  • This could be the tipping point for oil prices Sunday, 28 Jun 2015 | 6:26 PM ET

    Iran's nuclear talks may be the catalyst to break oil prices out of a tight trading range, created by record oil production meeting a wave of surprisingly strong demand.

  • Commodities tomorrow: OPEC market share shrinks Thursday, 25 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: OPEC market share shrinks

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Rising US production ... again Wednesday, 24 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: Rising US production ... again

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • This ‘crash’ is great news for investors Wednesday, 24 Jun 2015 | 12:27 PM ET

    Volatility has suffered a "rolling crash" of late. That's not great for traders, but investors should cheer.

  • Commodities tomorrow: Gas prices flat Tuesday, 23 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: Gas prices flat

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Optimism out of Greece and strong numbers out of Europe pushed crude higher on the day.

  • Commodities tomorrow: Crude closes up Monday, 22 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: Crude closes up

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A down day turned around after a Taliban attack in Afghanistan.