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  • *OPEC meets in Vienna on Thursday to discuss production. SINGAPORE, Nov 25- Brent crude oil prices fell to $79.50 on Tuesday as traders lowered their expectation of a significant output cut by OPEC, but the market received some support from hopes of strengthening U.S. and German GDP data. "Investors appear to have lowered the probability of a production cut at this...

  • *Oil under pressure ahead of this week's OPEC meeting. TOKYO, Nov 25- Asian shares gave back some of their China- inspired gains on Tuesday, while oil prices stumbled as traders lowered their expectation of a significant output cut at this week's OPEC meeting. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 percent after rallying in the...

  • *Russia, some OPEC members want 1 million bpd output cut. *OPEC meets in Vienna on Thursday to discuss production. SINGAPORE, Nov 25- Brent crude oil prices started Tuesday's Asian trading under $80 a barrel as traders lowered their expectation of a significant output cut by oil producers' club OPEC.

  • TOKYO, Nov 25- U.S. crude oil futures were steady below $76 a barrel in early trade on Tuesday as investors waited for a meeting of OPEC ministers that may produce output cuts to support slumping prices. *Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna on Nov.27.

  • *Oil under pressure ahead of this week's OPEC meeting. TOKYO, Nov 25- Asian shares gave back some of their China- inspired gains on Tuesday, while oil prices slumped ahead of this week's OPEC meeting. MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.3 percent after rallying in the previous session following China's surprise interest rate cut.

  • *Market volatile as all await OPEC decision on cuts. NEW YORK, Nov 24- Crude prices ended lower, with Brent below $80 a barrel, after a volatile session on Monday as Russia's offer to add to OPEC output cuts led some to bet the group will agree on a higher production cut than thought when it meets this week. Russia, which needs higher oil prices to support its economy, tried...

  • *Russia adds to speculation on OPEC, offering its own output cuts. NEW YORK, Nov 24- Crude prices pared Monday's early losses as traders and investors speculated OPEC producers might surprise with an cut output above what market players expect when the producer group meets this week. Russia, which needs higher oil prices to support its economy, tried on Monday to...

  • *Russia helps markets by not raising oil output- Energy Minister Moscow may make oil output cuts of 15 mln t in 2015- paper. MOSCOW, Nov 24- Russia, in desperate need of higher oil prices, is making a last-ditch attempt to sway this week's OPEC meeting by suggesting Moscow could cut output if the group does the same. With oil prices threatening to go as low as $60 if OPEC...

  • UAE says OPEC will take "appropriate decision" -WAM Monday, 24 Nov 2014 | 9:27 AM ET

    DUBAI, Nov 24- The United Arab Emirates energy minister said OPEC countries would deal with the current fall in oil prices and would take the "appropriate decision", the state WAM news agency reported on Monday. WAM said Suhail bin Mohammed al-Mazroui did not elaborate on the nature or kind of decision that members of the Organization of the Petroleum Exporting...

  • *OPEC to meet in Vienna on Nov. 27. *Producers split over possible OPEC output cuts. The decision came ahead of a key meeting of OPEC to discuss production in response to a collapse in oil prices.

  • A steadier oil price also helped the rouble on Monday ahead of a key meeting of OPEC. Investors in Russian assets are positioning before the OPEC meeting on Thursday, at which the oil-producing group will discuss whether to cut output. Russia is not a member of OPEC.

  • *OPEC meeting Nov. 27 in Vienna. LONDON, Nov 24- Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna this week. "The market would question the credibility of OPEC and its influence on global oil markets if there was no cut," said Daniel Bathe, of Lupus Alpha Commodity Invest...

  • MOSCOW, Nov 24- Russia, in desperate need of higher oil prices, is making a last-ditch attempt to sway this week's OPEC meeting by suggesting Moscow could cut output if the group does the same. Non- OPEC member Russia needs an oil price of $100 per barrel to balance its budget. Citing sources, Kommersant daily newspaper said Russia might suggest cutting its oil...

  • NEW DELHI, Nov 24- The United States wants to step up its trade dialogue with India, Trade Representative Michael Froman said on Monday, after the resolution of a global trade dispute paved the way for President Barack Obama to visit India. In India for the first round of high-level trade talks since the breakthrough, Froman urged progress on key areas of U.S....

  • NEW DELHI, Nov 24- The United States wants to step up its trade dialogue with India, Trade Representative Michael Froman said on Monday, after the resolution of a global trade dispute paved the way for President Barack Obama to visit India. In India for the first round of high-level trade talks since the breakthrough, Froman urged progress on key areas of U.S....

  • *Final day of talks on Iran nuclear programme. *OPEC to meet in Vienna on Nov. 27. LONDON, Nov 24- Brent crude oil stabilised around $80 a barrel on Monday as world powers met in Vienna for the final day of talks on Iran's nuclear programme ahead of a key meeting of producer group OPEC to discuss production.

  • The rouble tracked Asian markets higher on the prospect of further policy stimulus in China and Europe, which also helped lift prices for oil, one of Russia's main exports and sources of budget revenue. Investors in Russian assets were also positioning before this week's OPEC meeting, at which the oil producing group is expected to discuss whether to cut output...

  • MOSCOW, Nov 24- Russia may suggest cutting its oil production by around 15 million tonnes a year and expects OPEC to limit its output as well, Kommersant daily newspaper said, citing sources. Before OPEC meets later this week in Vienna, Russia has spoken to members Venezuela and Saudi Arabia about the need to support the oil market and hopes to press its message on...

  • *OPEC to meet in Vienna on Nov. 27. SINGAPORE, Nov 24- Brent crude futures rose above $80.50 a barrel on Monday ahead of a meeting of the producer group OPEC at which an output cut will be discussed, while China's move to lower interest rates late last week also underpinned prices. Asian markets rallied on Monday with shares in Shanghai hitting three-year highs as the...

  • *OPEC credibility may be in question if no cut agreed. LONDON, Nov 24- Oil prices could plunge to $60 a barrel if OPEC does not agree a significant output cut when it meets in Vienna this week, market players say. "The market would question the credibility of OPEC and its influence on global oil markets if there was no cut," said Daniel Bathe, of Lupus alpha Commodity Invest...