International Organizations OPEC

  • Oil prices traded higher on hopes that non-OPEC producers would agree to cut output to bolster OPEC's agreement to limit production.

  • *OPEC to meet non- OPEC countries in Vienna in Saturday. OPEC will meet non- OPEC producing countries in Vienna on Saturday, hoping non- OPEC will commit to cutting 600,000 barrels per day after its own members agreed to cut 1.2 million bpd last week. OPEC sources said nine non- OPEC countries were set to join the meeting: Azerbaijan, Kazakhstan, Oman, Mexico, Russia, Sudan,...

  • *Russia to hold additional talks before OPEC, non- OPEC meeting. NEW YORK, Dec 9- Oil prices rose about 1 percent on Friday, trading within a narrow range, on hopes that non- OPEC producers meeting in Vienna over the weekend would agree to cut output to bolster the group's own agreement to limit production. On Saturday, oil ministers from OPEC countries will meet non- OPEC...

  • *OPEC to meet non- OPEC countries in Vienna in Saturday. OPEC will meet non- OPEC producing countries in Vienna on Saturday, hoping non- OPEC will commit to cutting 600,000 barrels per day after its own members agreed to cut 1.2 million bpd last week. OPEC sources said nine non- OPEC countries were set to join the meeting: Azerbaijan, Kazakhstan, Oman, Mexico, Russia, Sudan,...

  • *Essential for responsible approach from non- OPEC- source. *Moscow to discuss cuts schedule with non- OPEC- source. MOSCOW, Dec 9- Russia plans to hold additional talks on Friday with some OPEC and non- OPEC nations to discuss unresolved issues related to a planned cut in oil output ahead of a wider meeting the following day in Vienna, two Russian sources told Reuters.

  • *Loonie touches its strongest since Oct. 20 at C $1.3161. Higher prices for oil, one of Canada's major exports, have helped support the Canadian dollar after last week's output cut agreement by members of the Organization of the Petroleum Exporting Countries. U.S. crude prices were up 0.92 percent at $51.31 a barrel on hopes that non- OPEC producers meeting in...

  • OPEC is poised to meet non-OPEC nations on Saturday with the hope that they will also agree to follow the cartel and cut supply.

  • *OPEC wants to persuade non-members to cut output. LONDON, Dec 9- Oil prices were edging higher for a second session on Friday on hopes that non- OPEC producers meeting in Vienna would agree to cut output to bolster the group's own agreement to limit production. On Saturday, oil ministers from OPEC countries will meet non- OPEC producers in Vienna to seek help in...

  • *OPEC to meet non- OPEC countries in Vienna in Saturday. OPEC will meet non- OPEC producing countries in Vienna on Dec. 10, hoping non- OPEC will commit to cutting 600,000 barrels per day after its own members agreed to cut 1.2 million bpd last week. OPEC sources said nine non- OPEC countries were set to join the meeting: Azerbaijan, Kazakhstan, Oman, Mexico, Russia, Sudan,...

  • *OPEC wants to persuade non-members to cut output. LONDON, Dec 9- Oil prices edged higher for a second consecutive session on Friday on hopes that non- OPEC producers meeting in Vienna would agree to cut output to bolster the group's own agreement to limit production. On Saturday, oil ministers from OPEC countries will meet non- OPEC producers in Vienna to seek help...

  • MOSCOW, Dec 9- Russia plans to hold additional talks on Friday with some OPEC and non- OPEC nations to discuss unresolved issues related to a planned cut in oil output ahead of a wider meeting the following day in Vienna, a Russian government source told Reuters. Other non- OPEC countries are being urged to cut by a similar amount in total. OPEC, which produces a third of...

  • *OPEC wants to persuade non-members to cut output. TOKYO, Dec 9- Oil prices extended gains for a second session running on Friday on optimism that non- OPEC producers would agree to cut output following a cartel agreement to limit production. The Organization of the Petroleum Exporting Countries will meet non- OPEC nations in Vienna on Saturday seeking their help...

  • SINGAPORE/ TOKYO, Dec 9- Saudi Arabia and Iraq are set to supply full contracted volumes of crude to several Asian refiners in January, despite commitments to cut output under a deal signed last week by members of OPEC, refinery sources said on Friday. Sources at eight refiners in Asia told Reuters they had been notified by state oil giant Saudi Aramco that in...

  • Asian markets finished mixed as Hong Kong gaming shares took a hit while South Korea's parliament voted to impeach President Park in a decision that came after the market close.

  • *OPEC, Russia oil production cut to reduce VLCC demand. *But shippers eye new routes to mitigate OPEC cuts. SINGAPORE, Dec 9- Tanker owners are bracing for a volatile year ahead after enjoying some of the highest charter rates since 2008, with OPEC plans to curb crude output potentially cutting rates by more than 40 percent.

  • ASTANA, Dec 9- Kazakhstan may offer to freeze its oil output at last month's level at the talks between OPEC and non- OPEC producers in Vienna, Kazakh Energy Minister Kanat Bozumbayev said on Friday. Non- OPEC producers are expected to contribute a combined cut of 600,000 barrels per day, with the half coming from Russia, the world's top oil producer and the biggest...

  • *OPEC wants to persuade non-members to cut output. TOKYO, Dec 9- Oil prices extended gains on Friday on optimism that non- OPEC producers would agree to cut output following a cartel agreement to limit production, but the upside was limited amid uncertainty over the size of the production curbs. The Organization of the Petroleum Exporting Countries will meet non-...

  • *OPEC wants to persuade non-members to cut output. TOKYO, Dec 9- Oil prices were steady on Friday, holding around 2- percent gains from the previous session on optimism that non- OPEC producers might agree to cut output following a cartel agreement to limit production. Russia has so far said it would cut 300,000 barrels per day, meaning other non- OPEC producers...

  • TOKYO, Dec 9- Japanese stocks rose to their highest level in a year on Friday morning, supported by Wall Street gains and solid buying of exporters on the back of a weaker yen. The mining sector was the top gainer on the board, rising 2.8 percent after oil prices extended a rally on Friday, buoyed by growing optimism that non- OPEC producers might agree to cut output...

  • CARACAS, Dec 8-- Venezuelan President Nicolas Maduro said on Thursday he had agreed with Iran to call for a summit of heads of state from OPEC and non- OPEC countries in the first quarter of next year to decide on strategy for the oil market. "I told President Rouhani, let's jointly call for an OPEC summit of presidents, heads of state and governments in the first quarter...