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  • SINGAPORE, Nov 18- U.S. crude edged lower towards $75 a barrel in early Asian trade on Tuesday, as oil prices struggle to find a floor ahead of next week's critical OPEC meeting. *Venezuela's President Nicolas Maduro said on Monday that a special global meeting was being planned "very soon" between OPEC and non- OPEC nations to discuss global oil prices.

  • DIARY - Emerging Markets Economic Events to Dec 1 Monday, 17 Nov 2014 | 7:02 PM ET

    Nov 18- For other related diaries, please. MAKATI CITY- Asian Development Bank to launch the latest Asian Economic Integration Monitor- 0130 GMT. BRASILIA- Brazil Central Bank President Alexandre Tombini may speak at congressional commission about deterioration of the country's fiscal results.

  • *Brent down just a bit after Russia/ Venezuela price defense plan. NEW YORK, Nov 17- Oil pared early losses on Monday after Russia and Venezuela appeared to be coordinating on a price defense plan, but Brent and U.S. crude still ended lower on worries over Japan's recession. But the oil market has another and bigger problem: that the OPEC meeting will come and go without...

  • *Rosneft chief Vienna visit sparks OPEC coordination talk. The surprise announcement from the state-backed firm raised speculation that Sechin, a close ally of President Vladimir Putin, will discuss coordinating with OPEC to try stem the near 30 percent drop in oil prices since June. Previous overtures between the producer group and Russia, the largest oil...

  • BAGHDAD, Nov 17- OPEC producer Iraq expects to base its 2015 budget on an oil price of $80 per barrel, Oil Minister Adel Abdel Mehdi told parliament on Monday. Skepticism that OPEC will cut supply when it meets on Nov. 27 have also weighed on the prices. Venezuela, Ecuador and a Libyan OPEC official have called for OPEC to cut output, and so far only Kuwait and Iran have...

  • CARACAS, Nov 17- Venezuela's Foreign Minister Rafael Ramirez said the Organization of the Petroleum Exporting Countries will increase coordination in the face of the fall in oil prices, the South American government said in a statement on Monday, without elaborating. The oil market is waiting to see whether OPEC will agree a cut in production at its Nov. 27...

  • *Traders watching for signs of an OPEC agreement to cut output. NEW YORK, Nov 17- Oil prices fell on Monday after a one-day rally as fourth-largest crude importer Japan fell into recession and an OPEC meeting neared without an agreement to cut production. But the oil market has another and bigger problem: that the OPEC meeting will come and go without any change in...

  • MOSCOW, Nov 17- Top Russian oil producer Rosneft said Chief Executive Igor Sechin would fly to Vienna on Nov. 25 for an energy market conference, just two days before OPEC meets in the city to debate the plunge in oil prices. Russia is the biggest oil exporter outside OPEC. Sechin, as Russia's deputy prime minister, attended OPEC meetings in 2008 and 2009 when prices...

  • COLUMN-OPEC's options (none of them good): Kemp Monday, 17 Nov 2014 | 10:38 AM ET

    OPEC must decide whether and how to respond to the 30 percent decline in oil prices since the middle of June, in what may be the organization's toughest test in five years. Slower oil demand growth and rising competition from non- OPEC suppliers, especially U.S. shale producers, pose a common threat to all the organization's members. Saudi Arabia, Kuwait and the...

  • MOSCOW, Nov 17- Russian stocks saw a small bounce on Monday, while the rouble was steady, after the European Union decided not to impose more sanctions against Russia for now over Moscow's actions in Ukraine. EU foreign ministers agreed to put more Russia- backed Ukrainian separatists on their sanctions list, but did not extend measures against Russia itself.

  • *Iran attacks OPEC members for refusing to stabilize oil prices. LONDON, Nov 17- Brent crude fell below $79 a barrel on Monday after Japan, the world's fourth-biggest crude importer, slipped into recession and as Saudi Arabia reiterated the oil price should be left to supply and demand. Brent crude was down 73 cents to $78.68 a barrel at 1455 GMT, after dipping as low...

  • MOSCOW, Nov 17- The Russian rouble weakened on Monday morning, dragged down by falling oil prices and fears of new European Union sanctions against Russia. The price of oil, Russia's major export, softened on Monday following a rally on Friday, with Brent down over $1 at just over $78 a barrel after the International Energy Agency on Friday said it expected downward...

  • Iran attacks OPEC members for refusing to stabilise oil prices. SINGAPORE, Nov 17- Brent crude fell more than $1 to near $78 a barrel on Monday following news that Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon.

  • *Iran attacks OPEC members for refusing to stabilise oil prices. SINGAPORE, Nov 17- Brent crude fell to around $79 a barrel on Monday following news Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon. All eyes remain on possible OPEC...

  • Brent slips to $79 as Japan enters recession Sunday, 16 Nov 2014 | 10:52 PM ET

    *Iran attacks OPEC members for refusing to stabilize oil prices. SINGAPORE, Nov 17- Brent crude fell to $79 a barrel on Monday following news Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon. "This is another knock on crude oil prices,...

  • BRISBANE, Australia, Nov 15- Efforts by the world's 20 major economies in boosting economic growth by a 2.1 percent target could deliver "spillovers" for smaller nations, The Australian newspaper reported on Saturday, citing a draft copy of the G20 Brisbane Action Plan. The newspaper said the draft statement promises that non-G20 economies would grow a further...

  • BRUSSELS, Nov 14- Etihad Airways secured European Union approval on Friday to acquire 49 percent of loss-making Italian airline Alitalia, the latest in a series of acquisitions made by the Abu Dhabi- based airline to expand its network around the world. For Etihad, which already has minority stakes in Air Berlin, Aer Lingus, Virgin Australia, Air Serbia and...

  • *OPEC meets on Nov. 27. LONDON, Nov 14- Oil rose to $79 a barrel on Friday having earlier hit a four-year low, supported by speculation that the prospect of even lower prices may nudge OPEC producers towards cutting output at a meeting in two weeks. The International Energy Agency, which usually refrains from predicting oil prices, said in its monthly report that...

  • *OPEC meets on Nov. 27, traders sceptical group will act. LONDON, Nov 14- Oil traded above $78 a barrel on Friday having earlier hit a four-year low, pressured by excess supply and scepticism that OPEC producers will agree to cut output when they meet in Vienna in two weeks' time. The International Energy Agency, which usually refrains from predicting oil prices, said in...

  • *Starbucks says confident will be cleared. BRUSSELS/ LONDON, Nov 14- A tax deal the Netherlands cut with Starbucks Corp may be illegal state aid, European Union regulators said on Friday, part of a crackdown on members attracting investment by helping companies to avoid tax. The European Commission said it suspects the Dutch tax ruling allows Starbucks, the...