International Organizations OPEC

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  • *Large UAE oil field outages to end this month- Deutsche Bank. SINGAPORE, April 29- Crude oil prices fell in early trading on Friday as a looming rise in Middle East output may drag on the stronger markets seen in April, although falling U.S. production and a weakening dollar are still offering support. But Deutsche Bank said that a looming rise in production by...

  • *Large UAE oil field outages to end this month- Deutsche. SINGAPORE, April 29- Crude oil prices fell in early trading on Friday as a looming rise in Middle East output may drag on the stronger markets seen in April, although falling U.S. production and a weakening dollar are still offering support. Both contracts remained near 2016 highs of $48.19 and $46.14 per...

  • The prospect of an agreement among the world's largest exporters to limit production, which had provided the catalyst for a 55 percent rally since mid-February, evaporated almost two weeks ago when a meeting between OPEC members and their non- OPEC counterparts ended in stalemate. Brent crude futures were up 88 cents at $46.62 a barrel at 1135 GMT, having hit a...

  • CARACAS, April 26- Venezuela has proposed that non- OPEC oil producers attend the group's June meeting in Vienna to continue "dialog and coordination," according to a letter from the South American country's oil minister to the Qatari energy minister, who is also the current OPEC president. A deal to freeze oil output by OPEC and non- OPEC producers fell apart in Doha...

  • An oil worker stands by a rig near Williston, North Dakota.

    U.S. oil fell as banks said a two-month long rebound has defied fundamentals.

  • LONDON, April 25- Oil exports from southern Iraq have reached a record monthly rate so far in April as OPEC's second-largest producer resumes the supply growth that has added downward pressure on prices. Baghdad had given verbal support to an initiative by OPEC and outside producers to freeze output. But they failed to reach a deal at an April 17 meeting, and...

  • *Expected rise in OPEC supply to weigh- analysts. Front-month Brent crude was trading at $45.45 per barrel at 1302 GMT, up 34 cents from its last settlement. "Meaning that demand will continue to rise and supply will be hit, especially non- OPEC," van Cleef said.

  • With crude producers unable to increase output much, oil has likely bottomed, Helima Croft says.

  • Continental Resources CEO Harold Hamm pauses during an interview in his Oklahoma City offices, July 12, 2012.

    Harold Hamm endorsed U.S. presidential candidate Donald Trump on Friday, saying he has the "fortitude to make tough decisions."

  • *Still ideal if OPEC, non- OPEC can agree deal. Despite failure to reach a deal to curb oil output and support prices at an April 17 meeting of OPEC and non- OPEC producers, crude prices have maintained a general upward trend since hitting a 12- year trough in mid-January. "The Southeast Asian nation, which rejoined OPEC as its 13th member in December last year, needs $50...

  • Iranian Oil Minister Bijan Zanganeh.

    Iran's oil minister said on Saturday that last week's Doha meeting to freeze oil production, despite its failure, was a positive step.

  • DUBAI, April 23- Iran's oil minister said on Saturday that last week's Doha meeting to freeze oil production, despite its failure, was a positive step and Iran would support any plan to stabilise the market. "Doha meeting was not fruitful but we see it as a positive step as it initiated negotiations between OPEC and non- OPEC member countries and showed to the main oil...

  • HOUSTON, April 22- Harold Hamm, chief executive of shale oil producer Continental Resources Inc and Mitt Romney's 2012 energy adviser, endorsed U.S. presidential candidate Donald Trump on Friday, saying he has the "fortitude to make tough decisions." Known for his outspoken views on U.S. energy policy and other matters, Hamm once referred to OPEC leader Saudi...

  • HOUSTON, April 22- Harold Hamm, chief executive of shale oil producer Continental Resources Inc and Mitt Romney's 2012 energy adviser, endorsed U.S. presidential candidate Donald Trump on Friday, saying he has the "fortitude to make tough decisions." Known for his outspoken views on U.S. energy policy and other matters, Hamm once referred to OPEC leader Saudi...

  • Doha deal would have had little impact: IEA head

    Neil Atkinson, head of the oil industry and markets division at the IEA, says an oil output deal at Doha would have had little impact on the market.

  • Deputy Crown Prince of Saudi Arabia Mohammad bin Salman Al Saud attends the GCC-Morocco Summit in Riyadh, Saudi Arabia, on April 20, 2016.

    Saudi Arabia's 30-year-old deputy crown prince's ambitious economic "vision" to diversify the economy could include 5 million new jobs.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Oil gets to $85 by year-end Pro

    Discussing how oil gets to $85, with Mike Rothman, Conerstone Analytics.

  • April 21- A slew of mixed earnings reports by bellwethers and a drop in oil prices piled pressure on stocks with the three major indexes trading slightly lower on Thursday. Crude fell about 1 percent, but hovered near five-month highs after the International Energy Agency said 2016 would see the biggest fall in non- OPEC production in 25 years.

  • April 21- Wall Street was flat on Thursday after a raft of mixed quarterly earnings and a slide in oil prices kept investors on the sidelines. Crude fell nearly 2 percent, but hovered near five-month highs after the International Energy Agency said 2016 would see the biggest fall in non- OPEC production in 25 years. "The market has a singular focus to retake the old...