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  • *Venezuela repeats call for OPEC production cut. The weekly report from the American Petroleum Institute is scheduled for release later in the day and that from the U.S. Energy Information Administration for Wednesday. Front-month U.S. crude futures were trading at $44.20 a barrel at 0338 GMT, up 20 cents from the previous session, while Brent was down 9 cents at...

  • *Genscape reports Cushing draw of 1.8 mln barrels last week. NEW YORK, Sept 14- Brent fell almost 4 percent on Monday, narrowing U.S. crude's discount against the global oil benchmark to the lowest level since January, after an industry report of a large supply draw and government data forecasting lower U.S. crude output. "It was a big draw," Scott Shelton, commodities...

  • *Brent-U.S. crude spread at below $2.60, narrowest since Jan 23. *Genscape reports large 1.8 mln barrel Cushing draw last week. "It was a big draw," Scott Shelton, commodities specialist at ICAP in Durham, North Carolina, said, referring to the Genscape estimate, which compares against the previous largest drop of 1.9 million barrels noted for Cushing by the U.S. Energy...

  • WILLISTON, N.D., Sept 14- North Dakota's oil regulators said on Monday they may allow more wells to be temporarily abandoned, a step that would permit producers to delay fracking beyond the typical one-year window and prevent even more crude from flooding onto global markets. Any regulatory change in North Dakota also would assuage market concerns about supply...

  • U.S. crude futures' front-month was down 95 cents at $43.68 a barrel by 11:40 a.m. EDT after declining to as low as $43.59. The front-month in Brent, the global benchmark for crude, was off $1.60 at $46.54, versus a session low at $46.36. If confirmed, the numbers from Genscape would be the largest since the actual drawdown of 1.87 million barrels at Cushing in the week...

  • *OPEC's monthly report out later on Monday. SINGAPORE, Sept 14- Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some support from reduced American drilling. Front-month Brent crude futures were down 37 cents at $47.77 per barrel at 0535 GMT.

  • NEW YORK, Sept 14- In shale strongholds of North Dakota and Texas, physical crude grades are trading at the highest premiums to futures prices in years, offering a glimmer of hope that a pickup in global oil markets might follow. West Texas Intermediate crude delivered to Midland, Texas, at the heart of the Permian Basin, is trading at a record $2.75 premium to...

  • Sept 11- Spectra Energy Corp has exited the auction process for rival pipeline company The Williams Companies Inc, raising the possibility that Energy Transfer Equity LP could succeed in buying the company, people familiar with the discussions said. Williams Cos said it rejected the offer because it undervalued the company. Its stock dropped $1.30 on Friday...

  • LONDON, Sept 11- U.S. commercial crude stocks are still close to their highest levels in over 80 years, but operational requirements prevent refineries filling on-site storage facilities to their maximum capacity. An increasing proportion of U.S. crude oil stocks is held in off-site tank farms, some owned or leased by refiners themselves, but many owned or...

  • LONDON, Sept 11- U.S. commercial crude stocks are still close to their highest levels in over 80 years, but operational requirements prevent refineries filling on-site storage facilities to their maximum capacity. An increasing proportion of U.S. crude oil stocks is held in off-site tank farms, some owned or leased by refiners themselves, but many owned or...

  • Goldman Sachs lowers 2015, 2016 oil price forecasts. SEOUL, Sept 11- Crude oil prices fell on Friday as a stronger dollar, Saudi Arabia's dismissal of a producer summit and a lower price forecast by Goldman Sachs weighed, with prices headed for a weekly loss despite rallying in the previous session. The comments followed a meeting of Gulf Arab oil ministers with...

  • October Brent, the global oil benchmark, shed 16 cents to $48.73 a barrel as of 0352 GMT after it settled up $1.31, or 2.8 percent, on Thursday at $48.89 a barrel. October U.S. crude lost 29 cents to $45.63 a barrel after it settled up $1.77, or 4 percent, at $45.92 a barrel. The comments followed a meeting of Gulf Arab oil ministers with Qatar's emir in Doha, at which a...

  • The front-month October contract for Brent, the global oil benchmark, shed 5 cents to $48.84 a barrel as of 0217 GMT after it settled up $1.31, or 2.8 percent, on Thursday at $48.89 a barrel. The U.S. crude October contract also lost 14 cents to $45.78 a barrel after it settled up $1.77, or 4 percent, at $45.92 a barrel. The comments followed a meeting of Gulf Arab oil...

  • The front-month October contract for Brent, the global oil benchmark, shed 20 cents to $48.69 a barrel as of 0034 GMT after it previously settled up $1.31, or 2.8 percent, at $48.89 a barrel. The U.S. crude October contract also lost 29 cents to $45.63 a barrel after it settled up $1.77, or 4 percent, at $45.92 a barrel. The comments followed a meeting of Gulf Arab oil...

  • *Weak dollar, higher Wall Street stock prices add support. A weaker dollar also made dollar-denominated crude more affordable to holders of the euro, while higher equity prices on Wall Street enhanced bullish sentiment in oil markets. U.S. crude futures' front-month contract was up $1.45, or 3.3 percent, at $45.60 a barrel by 1:45 p.m. EDT, after rising to a session...

  • *Weak dollar, higher Wall Street stock prices add support. A weaker dollar also made dollar-denominated crude more affordable to holders of the euro, while higher equity prices on Wall Street enhanced bullish sentiment in oil markets. U.S. crude futures' front-month contract was up $1.38, or 3 percent, at $45.53 a barrel by 1:11 p.m. EDT, rising to nearly $46 at one...

  • UPDATE 7-Oil prices rise sharply on strong U.S. demand Thursday, 10 Sep 2015 | 11:44 AM ET

    LONDON, Sept 10- U.S. crude prices rose sharply on Thursday, supported by strong gasoline demand in the world's top oil consumer. West Texas Intermediate benchmark, declined, data from the Energy Information Administration showed. Brent crude futures rose 65 cents to $48.23 per barrel by 1530 GMT.

  • NEW YORK, Sept 3- Before they found fame, or found each other, what did celebrity couples like Dr Phil and Robin McGraw do in their first jobs? In the latest in Reuters' monthly' First Jobs' series, we talked to couples who work as TV personalities, actors, models or authors about their first gigs and found their starts were often humble. Phil: Back in Oklahoma City, I had...

  • SINGAPORE, Sept 3- U.S. crude futures dipped below $46 a barrel in early Asian trade on Thursday after a rise in U.S. crude stocks and a stronger dollar weighed on prices, although a rebound on Wall Street put a floor under prices. Public holidays in China and Hong Kong on Thursday are likely to keep markets subdued. *U.S. crude for October delivery fell 30 cents to $45.95...

  • *Tech stocks lead, Netflix hit by short-sell recommendation. *Ambarella's forecast drags down GoPro. It's market volatility, it's nervousness, it's an inability to call the direction of the market, "said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.