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  • *India Oil Corp buys Iran oil after 2- mth gap. World powers and Iran are working to resolve a decade-old dispute over the OPEC nation's nuclear programme, with an interim deal that eases some sanctions on the country extended by four months to late November.

  • As growth stalls, G20 seeks closure on regulations Thursday, 18 Sep 2014 | 1:26 AM ET

    SYDNEY, Sept 18- G20 host Australia is leading a push to draw a line under the global financial crisis, urging the group of top economies to swiftly finalise regulations aimed at preventing a repeat of the crash and focus on measures to revive sputtering global growth.

  • *Winter demand should support oil prices- OPEC delegates. SINGAPORE, Sept 18- Brent crude dropped towards $98 per barrel on Thursday, pressured by a stronger dollar on fears about a looming U.S. interest rate increase and a steep spike in U.S. crude stocks.

  • IMF warns of risks from "excessive" financial market bets Wednesday, 17 Sep 2014 | 4:00 PM ET

    WASHINGTON, Sept 17- The global economy faces a growing risk from big financial market bets that could quickly unravel if investors get spooked by geopolitical tensions or a shift in U.S. interest rate policy, the International Monetary Fund said on Wednesday.

  • WASHINGTON, Sept 17- The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.

  • *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.

  • WASHINGTON, Sept 17- The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.

  • COPENHAGEN, Sept 17- European pension funds could become more, rather than less adventurous in their investment strategies after the European Union introduces tough new rules on capital requirements, if the experience of similar rules in Denmark is any pointer.

  • *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.

  • Ukraine central bank sees economy growing 1 pct in 2015 Wednesday, 17 Sep 2014 | 5:19 AM ET

    KIEV, Sept 17- Ukraine's economy should pick up next year and grow 1.0 percent, the central bank said on Wednesday, after a sharp contraction this year due mainly to the impact of the crisis in eastern Ukraine. Ukraine has already received two disbursements under a $17 billion International Monetary Fund bailout this year.

  • *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.

  • *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.

  • LONDON, Sept 16- New international tax rules proposed on Tuesday could eliminate structures that have allowed companies such as Google Inc and Amazon.com Inc to shave billions of dollars off their tax bills.

  • *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.

  • Russia still has around 1,000 troops in Ukraine - NATO Tuesday, 16 Sep 2014 | 10:58 AM ET

    BRUSSELS, Sept 16- NATO believes Russia still has around 1,000 soldiers inside Ukraine despite some cuts in troop numbers since a ceasefire began there on Sept. 5, a NATO military officer said on Tuesday. Russia continued to provide combat and logistical support to separatist positions in Donetsk and Luhansk in eastern Ukraine, he added.