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  • UKRAINE'S YARESKO SAYS AGREEMENT WITH CREDITORS ON RESTRUCTURING IS IMPORTANT FOR THE IMF BUT "NOT AN ESSENTIAL CONDITION".

  • UKRAINE'S FINANCE MINISTER SAYS IN NEWSPAPER INTERVIEW SHE CONVINCED IMF WILL DISBURSE SECOND TRANCHE OF $1.7 BILLION CREDIT IN JULY EVEN IF NO DEAL REACHED ON DEBT RESTRUCTURING.

  • VIENNA, June 8- To hear OPEC ministers in Vienna last week, one would think the cartel's battle for market share is a complete success and oil prices are now firmly anchored where they are. It will take time for markets to rebalance, "was the mantra from OPEC kingpin Saudi Arabia's oil minister Ali al-Naimi and his peers. However, the oil markets have probably become...

  • *OPEC says to keep high production targets in place. *OPEC output could continue to exceed 30 mln bpd quota. SINGAPORE, June 8- Crude oil prices fell on Monday as China's oil imports dropped sharply and markets were expected to be increasingly oversupplied following OPEC's decision to keep its production targets unchanged.

  • *OPEC says to keep high production targets in place. *OPEC output could continue to exceed 30 mln bpd quota. "OPEC projected a continuation of firm demand in global crude demand and judged there's no need to change current production levels.

  • *IMF official calls for continued communication from Fed. SEOUL, June 8- The International Monetary Fund's deputy managing director warned on Monday that there is "considerable" risk for negative spillover from the U.S. "The risk is once market sentiment shifts- possibly triggered by normalisation- yields could sharply increase and capital flows could reverse,"...

  • GARMISCH-PARTENKIRCHEN, Germany, June 7- British Prime Minister David Cameron will use a meeting of the Group of Seven industrial nations to vent frustration at what he sees as poor progress toward a multibillion-dollar trade deal between the European Union and the United States. President Barack Obama on Sunday at the G7 and to join host Angela Merkel, the...

  • WILLISTON, N.D., June 5- Oil executives in North Dakota, a center of the U.S. shale revolution, say OPEC made a questionable bet when it decided on Friday to stick with a policy that aims to push higher cost American producers out of the market by keeping output high. "High commodity prices hide a lot of inefficiencies in the system," said Tommy Nusz, chief executive of...

  • *Greece postpones 300 million euro IMF repayment. ATHENS, June 5- Greek Prime Minister Alexis Tsipras on Friday spurned "absurd" terms of proposed aid from lenders and delayed a debt payment to the International Monetary Fund, prolonging an impasse that threatens to push Greece into default and out of the euro zone. The contradictory message underscored the...

  • *OPEC keeps output unchanged in oversupplied market. "I guess some people wanted to take their oil shorts off before the weekend and put them on again next week," said Tariq Zahir, an oil bear at Tyche Capital Advisors in Laurel Hollow, New York. "Otherwise how do you have a runup on a day like this, when OPEC promises to flood the market with more supply?"

  • *OPEC keeps output changed in oversupplied market. NEW YORK, June 5- Oil staged its first rally in three days on Friday, gaining 2 percent, despite warnings of more oversupply as a result of OPEC's decision to keep pumping crude without restraint. Otherwise how do you have a run-up on a day like this when OPEC promises to flood the market with more supply? "

  • *Greece postpones 300 million euro IMF repayment. ATHENS, June 5- Athens delayed a 300 million euro payment to the International Monetary Fund on Friday and Prime Minister Alexis Tsipras spurned an "absurd" proposal from lenders in the impasse that threatens to push Greece into bankruptcy and out of the euro. In a speech aimed at winning parliament's backing for...

  • June 5- Oil for prompt delivery in the United States was at its widest discount on Friday to the next month as oversupply worries mounted after OPEC decided to pump without change to its quota, traders said. U.S. crude's front-month contract settled 43 cents lower than the second-month, for the biggest discount between the two contracts since May 27.

  • June 5- U.S. oil drillers boosted activity in four key basins this week, bringing the promise of additional oil to a market that faces OPEC's Friday decision to leave production caps unchanged. With some OPEC countries like Saudi Arabia and Iraq pumping oil at record or near record levels, the group is trying to keep crude prices low enough to support global oil...

  • UNITED STATES APPEALS PARTS OF WORLD TRADE ORGANIZATION REPORT ON DOLPHIN-SAFE TUNA LABELING IN CASE AGAINST MEXICO- WTO.

  • *OPEC oil ministers keep production target at 30 mln bpd. NEW YORK, June 5- Oil seesawed in volatile trade on Friday, with Brent briefly hitting seven-week lows before recovering, as a surging dollar and an OPEC decision not to cut output in an oversupplied market sent crude prices on a roller-coaster ride. Oil prices rose after the widely-expected OPEC decision, as...

  • ATHENS, June 5- Greece's decision to delay a loan repayment to the International Monetary Fund scared the Athens stock market on Friday but bankers say it is unlikely to precipitate a run on banks and bring about capital controls. Athens bundled a 300- million-euro debt payment due on Friday with others payable later this month as Prime Minister Alexis Tsipras,...

  • *OPEC oil ministers keep production target at 30 mln bpd. NEW YORK, June 5- Oil moved lower in volatile trade on Friday, with Brent briefly hitting seven-week lows before paring losses, as a surging dollar and an OPEC decision not to cut output in an oversupplied market sent crude prices on a roller-coaster ride. Crude futures rose right after the OPEC decision on a...

  • *OPEC ministers keep production target at 30 mln bpd. LONDON, June 5- Oil prices fell on Friday as the dollar rose and after OPEC kept its oil production target unchanged for another six months. Kash Kamal, senior analyst at brokerage Sucden Financial in London, said investors were reassured that OPEC had not raised its output target to reflect current production.

  • VIENNA, June 5- Oil group OPEC agreed to stick by its policy of unconstrained output for another six months on Friday, setting aside warnings of a second lurch lower in prices as some members such as Iran look to ramp up exports. Concluding a meeting with no apparent dissent, Saudi Arabian oil minister Ali al-Naimi said OPEC had rolled over its current output...