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  • CARACAS, Sept 17- Venezuelan bonds tumbled on Wednesday following a ratings downgrade by Standard& Poor's that cited concerns about inflation, recession and deteriorating capacity to pay. The OPEC nation's benchmark Global 27 bond fell 3.83 percent in price to bid 70.855 with a yield of 14.234.

  • *OPEC could trim 2015 output to 29.5 mln bpd- Badri. Brent was down 42 cents at $98.63 a barrel by 1457 GMT, after closing up $2.40 in the previous session, the biggest daily gain since Sept. 3. "It looks like we've got extra oil hanging around- that was the initial shock of the number," said Phil Flynn, an analyst at the Price Futures Group in Chicago.

  • *OPEC meets on Nov. 27 to set policy. DUBAI/ LONDON, Sept 17- OPEC may not need to cut its oil output target at a meeting in November, a Gulf OPEC delegate and other OPEC sources said on Wednesday, as strengthening demand in coming winter months should support oil prices that have fallen below $100 a barrel.

  • *OPEC could trim 2015 output to 29.5 mln bpd- Badri. LONDON, Sept 17- Brent crude oil steadied at around $99 per barrel on Wednesday, after jumping on Tuesday on hopes the Organization of the Petroleum Exporting Countries would help reduce a global supply glut by cutting output.

  • *OPEC could trim 2015 output to 29.5 mln bpd- Badri. Many OPEC countries need oil prices above $100 a barrel in order to meet their budget needs and analysts say Saudi Arabia, OPEC's biggest producer, could cut production in an effort to support prices. Any production cut by OPEC, due to meet in November, would be the group's first since 2008..

  • *OPEC could trim 2015 output to 29.5 mln bpd- Badri.

  • Brent keeps gains, stays near $99 on OPEC output cut talk Wednesday, 17 Sep 2014 | 12:11 AM ET

    *OPEC could trim 2015 output to 29.5 million bpd- Badri. The European benchmark sank to a 26- month low this week on continued worries about rising supplies and slower demand growth in China and Europe, but prices rose on Tuesday after OPEC's secretary general Abdullah al-Badri said the group could trim its 2015 output target by 500,000 barrels per day.

  • SEOUL, Sept 17- U.S. crude futures edged lower in early Asian trade on Wednesday as U.S. crude and distillate inventories rose more than expected, easing after steep gains in the previous session on talk of an OPEC production cut and news of lower output in Libya.

  • *U.S. stocks near record levels, Europe lower. *Crude oil rises on possible OPEC supply cut. "The rumor is won't change the' considerable time' language," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey, referring to the Fed's previously stated timeline of when it will raise rates.

  • *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.

  • *U.S. stocks near record levels, Europe lower. *Crude oil rises on possible OPEC supply cut. "The rumor is won't change the' considerable time' language," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey, referring to the Fed's previously stated timeline of when it will raise rates.

  • *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.

  • Brent crude climbed above $98 after hitting a 26- month low in the prior session while U.S. crude gained 78 cents to $93.70 on the possibility of an output cut from OPEC. Among the leaders to the upside were Exxon Mobil, up 0.8 percent to $97.04, and Schlumberger, up 0.7 percent to $103.72.

  • *Crude oil rises on possible OPEC supply cut. Wall Street stocks rose modestly on the day, while an index of European shares fell 0.4 percent as this week's referendum on independence in Scotland kept investors on edge with polls suggesting the vote remains too close to call.

  • *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.

  • VIENNA, Sept 16- Russia did not discuss any coordination on oil prices during a meeting with OPEC on Tuesday, Russian Energy Minister Alexander Novak said. "We did not discuss it, this is not a subject of our dialog," Novak said after meeting OPEC Secretary General Abdallah El-Badri. Oil prices have fallen below $100 per barrel for around a week.

  • VIENNA, Sept 16- OPEC Secretary General Abdallah El-Badri told reporters on Tuesday he expected the group to lower its oil output target when it meets next in late November. Badri was asked if OPEC's 30 million barrels per day output target would still be appropriate next year.

  • *Russia to meet with OPEC as low prices pressure budget. "The Chinese data was sufficiently negative to create real worry again about the outlook for demand there and globally," said John Kilduff, a partner at Again Capital LLC in New York.

  • Russia to meet with OPEC as low prices pressure budget. "The Chinese data was sufficiently negative to create real worry again about the outlook for demand there and globally," said John Kilduff, a partner at Again Capital LLC in New York.