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  • President Barack Obama and Southeast Asian leaders turned their attention to China on Tuesday on the second day of a summit intended to improve commercial links and provide a united front on maritime disputes with Beijing. After a first day discussing trade and economic issues at the Sunnylands resort in California, Obama and his Association of Southeast...

  • Feb 16- Top oil producers Russia and Saudi Arabia agreed on Tuesday to freeze output levels in what could be the first joint OPEC and non- OPEC deal in 15 years aimed at tackling a growing glut and helping prices recover. "Even if the agreement is successful, the upside for oil prices that would result looks limited, and OPEC still faces the dilemma of aiming for either...

  • BAGHDAD, Feb 16- Iraq is ready to commit to freezing its oil production at January levels if a deal is reached among OPEC and non- OPEC countries, an Iraqi oil ministry source said on Tuesday. It could become the first joint OPEC and non- OPEC deal in 15 years, aimed at tackling a growing oversupply of crude and helping prices recover from their lowest in over a decade.

  • BAGHDAD, Feb 16- Iraq is ready to commit to freezing its oil production at January levels if a deal is reached among OPEC and non- OPEC countries, an Iraqi oil ministry source said on Tuesday. "Iraq is with any decision that contributes to propping up oil prices," the source said. Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said...

  • Feb 16- The following table shows oil output by the Organization of the Petroleum Exporting Countries plus Russia in January and December. The OPEC figures are crude oil according to a Reuters survey based on shipping data and information from sources at oil companies, OPEC and consultants. OPEC does not provide a timely official figure of its output.

  • *Saudi Arabia, Russia, Qatar and Venezuela agree plan. DOHA, Feb 16- Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in- a major sticking point with Iran absent from the talks and determined to raise production. It could become the first joint OPEC and non- OPEC deal in 15...

  • LONDON, Feb 16- The European Union may tweak the bloc's asset management rules but does not plan an overhaul, a senior EU official said in London on Tuesday, seeking to ease British concerns about more regulation. London is Europe's biggest asset management centre and as Britain readies to vote on whether to stay in the EU it is trying to secure more leeway on...

  • President Barack Obama and allies from Southeast Asia will turn their attention to China on Tuesday on the second day of a summit intended to improve commercial links and provide a united front on maritime disputes with Beijing. China and several ASEAN states have conflicting and overlapping claims in the South China Sea, but not all the Southeast Asian...

  • LONDON/ MILAN, Feb 16- European shares edged lower on Tuesday, with banking stocks again under pressure after a short rebound, while oil companies came off earlier highs on disappointment over a deal to tackle a global supply glut. Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels. "This agreement needs the nod from other OPEC and...

  • *Oil rises as Saudi Arabia, Russia set to meet. The world's top two oil exporters, Saudi Arabia and Russia, will hold talks together with their counterparts from Venezuela and Qatar in Doha on Tuesday, sources told Reuters. The meeting is the latest effort by some members of the Organization of Petroleum Exporting Countries to join with non- OPEC producers in...

  • Feb 16- Top oil officials from Saudi Arabia, Russia and several key OPEC members will meet on Tuesday for their highest-level discussion in months, a potentially pivotal sign that producers are at last preparing to tackle a devastating supply glut. The talks in the Qatari capital Doha, which had been kept under wraps until recent days, involve powerful Saudi Oil...

  • Saudi Arabia's oil minister Ali al-Naimi and his Russian counterpart Alexander Novak will meet in the Qatari capital Doha, where they will be joined by ministers from OPEC members Qatar and Venezuela. The meeting revives memories of a 2001 encounter between OPEC and non- OPEC producers when OPEC heavyweight Saudi Arabia pushed through a global deal to curb...

  • The secret talks between Saudi Arabia's oil minister Ali al-Naimi and his Russian counterpart Alexander Novak will take place in the Qatari capital of Doha and the two men will be joined by ministers from OPEC members Qatar and Venezuela. Such talks have revived memories of the 2001 deal between OPEC and non- OPEC producers when OPEC heavyweight Saudi Arabia...

  • *Saudi, Russia, Venezuela, Qatar oil ministers to meet on Tuesday- sources. *Consensus growing within OPEC to counter price fall- Nigeria. LONDON, Feb 15- Oil prices rose nearly 2 percent on Monday on news that ministers from Saudi Arabia, Russia, Qatar and Venezuela would hold a previously unpublicised meeting in Doha this week, adding to speculation of a global output...

  • BRUSSELS, Feb 15- Panic rather than love may keep Britain in the European Union when voters cast their ballots in a referendum, probably in June, on whether to stay in the 28- nation bloc under Prime Minister David Cameron's "new settlement." That was how the British political establishment managed by the skin of its teeth to hold the United Kingdom together in 2014,...

  • The meeting is the latest sign of renewed efforts by OPEC members to try to tackle- possibly together with non- OPEC producers- one of the worst oil gluts in history, which has pushed oil prices to the lowest in more than a decade.

  • The meeting was the latest sign of renewed efforts by OPEC members to try to tackle- possibly together with non- OPEC producers- one of the worst oil gluts in history, which has pushed oil prices to the lowest in more than a decade.

  • *Consensus growing within OPEC to counter price fall- Nigeria. *Russia not discussing production cut with OPEC- Interfax. Non- OPEC member Russia said on Monday it was in talks on coordinated output cuts with individual OPEC members, mainly Venezuela, but not with the organisation itself, news agency Interfax quoted Russia's representative to OPEC as saying.

  • BRUSSELS, Feb 15- Thousands of steel workers marched through Brussels on Monday to demand the European Union maintain its defences against cheap Chinese imports, which industry chiefs said were destroying jobs and the environment. The Commission is scheduled to propose later this year whether to grant China market economy status, which Beijing says is its...

  • LONDON, Feb 15- The cost of hedging against swings in sterling's value over the next week has jumped to its highest since last May's UK election, before a summit where Prime Minister David Cameron seeks a deal to keep Britain in the EU. Cameron will meet European Union leaders on Thursday for two days of talks which he hopes will produce more favourable terms for...