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  • LONDON, Oct 27- Brent crude oil fell towards $85 a barrel on Monday after Goldman Sachs slashed its price forecasts, citing abundant supply and lacklustre demand despite a pick-up in global economic growth. The bank said Brent could fall to $80 a barrel in the second quarter of 2015, with U.S. crude dipping as low as $70 while rising production in non- OPEC countries...

  • CARACAS/ HOUSTON, Oct 27- It sounds embarrassing: Venezuela, an OPEC nation with the world's largest oil reserves, is for the first time in its history importing crude. Indeed, oil production is slipping and Venezuela has struggled to invest enough to reverse the trend. However, experts and traders who deal with Venezuela say the imports of Russian and Algerian...

  • LONDON, Oct 27- Brent crude oil fell below $86 a barrel on Monday after Goldman Sachs slashed its price forecasts, citing abundant supply and lacklustre demand despite a pick-up in global economic growth. The bank said Brent could fall to $80 a barrel in the second quarter of 2015, with U.S. crude dipping as low as $70 while rising production in non- OPEC countries...

  • TOKYO, Oct 27- Goldman Sachs cuts its price forecast for Brent and West Texas Intermediate by $15 a barrel for the first quarter of 2015, saying rising production in non- OPEC countries outside North America is expected to outstrip demand. The U.S. investment bank cut its forecast for WTI to $75 a barrel from $90 and for Brent to $85 a barrel from $100, it said in a...

  • Goldman cuts WTI, Brent forecast by $15 for 2015 Sunday, 26 Oct 2014 | 8:40 PM ET

    TOKYO, Oct 27- Goldman Sachs cuts its price forecast for Brent and West Texas Intermediate by $15 a barrel for the first quarter of 2015 because rising production in non- OPEC countries outside North America is expected to outstrip demand. The U.S. investment bank cut its forecast for WTI to $75 a barrel from $90 and for Brent to $85 a barrel from $100, it said in a...

  • *Equities fall on confirmed case of Ebola in New York. *Commerzbank cuts price forecast on bearish OPEC signals. LONDON, Oct 24- Brent crude fell below $86 a barrel on Friday on news of strong supply from Middle Eastern OPEC producers and as a confirmed case of Ebola in New York spooked global equities markets.

  • *All eyes on OPEC meeting on Nov. 27. SINGAPORE, Oct 24- Brent reversed sharp overnight gains and fell towards $86 a barrel on Friday as investors' risk appetite took a hit from news that a doctor in New York City tested positive for Ebola. This could curb travel and that's how it could feed through to the oil markets, "said Ben Le Brun, market analyst at OptionsXpress in...

  • *All eyes on OPEC meeting on Nov. 27. SINGAPORE, Oct 24- Brent reversed sharp overnight gains and fell towards $86 a barrel on Friday as investors' risk appetite took a hit from news that a doctor in New York City tested positive for Ebola. This could curb travel and that's how it could feed through to the oil markets, "said Ben Le Brun, market analyst at OptionsXpress in...

  • Commodities tomorrow: What will OPEC do?     Thursday, 23 Oct 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil finished strong today, as stocks were up, as well. Meanwhile, gold got whacked today.

  • *Saudi Arabia increases Sept output but cuts market supply. *All eyes on OPEC November meeting. NEW YORK, Oct 23- Brent crude oil jumped nearly 3 percent on Thursday, its most in over four months, after an industry source said Saudi Arabia cut output in September following the summer's tumble in prices.

  • UPDATE 6-Brent jumps on Saudi supply cut, strong data Thursday, 23 Oct 2014 | 12:45 PM ET

    *Saudi Arabia increases Sept output but cuts market supply. *All eyes on OPEC November meeting. NEW YORK, Oct 23- Brent crude oil jumped as much as $2 a barrel on Thursday after an industry source said Saudi Arabia cut output in September following the summer's tumble in prices.

  • DUBAI, Oct 23- Saudi Arabia supplied less crude oil to the market in September than a month earlier, an industry source said on Thursday, at a time when some OPEC members are calling on the top oil exporter to cut back output to lift prices. Crude supplies from the OPEC heavyweight fell by some 328,000 barrels per day, to 9.36 million bpd in September, from 9.688 million...

  • *Europe and China manufacturing beat expectations. *OPEC members unable to agree on cut. LONDON, Oct 23- Brent crude oil rose above $85 a barrel on Thursday on news Saudi Arabia cut its supply to the market in September, even though its overall production grew month on month, and on strong economic data from Europe and China.

  • UPDATE 4-Oil rises above $85 on Saudi market supply cut Thursday, 23 Oct 2014 | 8:45 AM ET

    *Saudi Arabia increases output but cuts market supply. *OPEC members unable to agree on cut. LONDON, Oct 23- Brent crude oil rose above $85 a barrel on Thursday on news Saudi Arabia cut its supply to the market in September, even though its overall production grew month on month.

  • DUBAI, Oct 23- Saudi Arabia supplied less oil in September even as its output edged up, an industry source familiar with the matter said on Thursday. Supply to the market- both domestically and for exports- may differ from production depending on the movement of barrels in and out of storage. The dip in supply comes when some in OPEC have called on its biggest producer...

  • CAIRO, Oct 23- A struggle has broken out for control of Libya's state-run energy sector as rival governments in Tripoli and the east compete for power, but a common interest in maintaining oil revenues will keep exports flowing for now. The OPEC producer has had two governments and parliaments since an armed group took control of Tripoli in August, appointing its...

  • DUBAI, Oct 23- Top oil exporter and OPEC heavyweight Saudi Arabia pumped 9.70 million barrels of oil per day in September, up from 9.597 million bpd in August, an industry source said on Thursday. But the amount of crude supplied to the market fell to 9.36 million bpd in September, from 9.688 million bpd in August, according to the source. Supply to the market- both...

  • *OPEC members unable to agree on cut. Growth in Chinese industry quickened to a three-month high in October, with the HSBC/ Markit manufacturing PMI rising to 50.4 from 50.2 in September. "Prices are back under pressure, and the stabilisation could be short-lived," said Carsten Fritsch, oil analyst at Commerzbank in Frankfurt.

  • *China October PMI at 3- month high of 50.4- HSBC/ Markit. *OPEC should cut output by at least 500,000 bpd- Libya. China's manufacturing activity quickened to a three-month high in October, with the HSBC/ Markit manufacturing purchasing managers' index rising to 50.4 from 50.2 in September.

  • *China October PMI at 3- month high of 50.4- HSBC/ Markit. *OPEC should cut output by at least 500,000 bpd- Libya. SINGAPORE, Oct 23- Brent crude fell for a second session running on Thursday, hitting a one-week low just above $84 a barrel as a sharp rise in crude inventories in top oil consumer the United States reinforced oversupply concerns.