International Organizations OPEC

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  • April 21- U.S. stock index futures were little changed on Thursday as oil prices steadied and investors braced for a barrage of earnings reports that could provide fresh catalysts to drive the market. *Crude notched small gains after the International Energy Agency said 2016 would see the biggest fall in non- OPEC production in more than two decades.

  • *Iran reiterates plan to regain market share. LONDON, April 21- Crude prices firmed on Thursday after the International Energy Agency said 2016 would see the biggest fall in non- OPEC production in a generation, helping to rebalance a market dogged by oversupply. IEA chief Fatih Birol said low oil prices had cut investment by about 40 percent in the past two years,...

  • An investor sits in front of a screen showing stock market movements at a securities firm in Fuyang, in eastern China's Anhui province on April 20, 2016. The benchmark Shanghai composite index fell sharply in the session as investors remain cautious.

    Most major Asian markets advanced on Thursday, but Chinese stocks fell behind their regional peers and extended losses from the previous session.

  • *Iran reiterates plan to regain market share. LONDON, April 21- Crude prices steadied on Thursday, as the International Energy Agency said 2016 would see the biggest fall in non- OPEC production in a generation, helping to rebalance a market dogged by oversupply. IEA chief Fatih Birol said low oil prices had cut investment by about 40 percent in the past two years,...

  • ABUJA, April 21- Nigeria will hold talks with Saudi Arabia, Iran and other oil producers by May, hoping to reach a deal on an output freeze at the next OPEC meeting in June, the West African country's oil minister told Reuters. A deal to stabilise oil output by OPEC and non- OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on...

  • *IEA expects 700,000 bpd cut in non- OPEC supply this year. SINGAPORE, April 21- Crude prices rose on Thursday, reversing earlier declines, as the International Energy Agency said that 2016 would see the biggest fall in non- OPEC production in a generation, helping rebalance a market that has been dogged by oversupply. The IEA's chief Fatih Birol said on Thursday that...

  • *IEA expects 700,000 bpd cut in non- OPEC supply this year. SINGAPORE, April 21- Crude prices steadied after earlier declines on Thursday as the International Energy Agency said that 2016 would see the biggest fall in non- OPEC production in a generation, helping rebalance a market that has been dogged by oversupply. The IEA's chief Fatih Birol said on Thursday that...

  • QUITO, Ecuador— The death count from Ecuador's worst earthquake in a decade rose to at least 577 on Thursday even as the country was facing another grim toll: a long and costly reconstruction effort likely to cost billions of dollars. The damage from 7.8- magnitude quake adds to already heavy economic hardships being felt in this OPEC nation because of the...

  • MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent while Japan's Nikkei gained 2.0 percent. Oil bulls also bet that major crude producers would meet again to try to curtail output even as Moscow denied media reports that Russia planned to host such a meeting. Just on Sunday, Russia and OPEC nations failed to reach an agreement on...

  • An oil pump jack in Russia

    Russia said it was prepared to push oil production to historic highs, just days after a global deal to freeze output levels collapsed.

  • NEW YORK— Gabon's president says his country is in discussions with OPEC about re-joining the bloc of oil-producing countries. Gabon would be the 13- nation OPEC's smallest oil producer. OPEC ministers next meet in June.

  • CARACAS, April 20- Venezuela's proposal "for now" is that non- OPEC producers who participated in the recent Doha meeting to try to address a global oil glut attend a June OPEC meeting as observers, the South American country's oil minister said on Wednesday. "And we can renew discussions," Eulogio Del Pino told Reuters. "I anticipate that, without a deal, prices from now...

  • NEW YORK, April 20- Oil prices jumped on Wednesday as government data showed U.S. crude stocks rose slightly less than expected last week, while the U.S. dollar advanced against the euro ahead of Thursday's European Central Bank meeting. Moscow, however, denied media reports that Russia planned to host such a meeting. Last weekend, Russia and OPEC nations failed to...

  • Commodities tomorrow:

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

  • *Moscow denies reports OPEC, other producers meeting in Russia. Moscow, however, denied media reports that Russia planned to host such a meeting. Just on Sunday, Russia and OPEC nations failed to reach an agreement on freezing production at a meeting in Doha, Qatar.

  • *Moscow denies reports OPEC, other producers meeting in Russia. NEW YORK, April 20- Oil prices rose more than 3 percent on Wednesday after a smaller-than-expected U.S. crude build offset glut worries stirred by the end of a Kuwaiti strike and on speculation that major oil producers were meeting in Russia in May for another attempt at curtailing output.

  • MOSCOW, April 20- Russia said on Wednesday it was prepared to push oil production to new historic highs, just days after a global deal to freeze output levels collapsed and Saudi Arabia threatened to flood markets with more crude. Venezuela and top non- OPEC producer Russia had been the main proponents of the output freeze deal, in the making since February, until it...

  • LONDON, April 20- Iran is determined to recover its share of the world oil market following the lifting of sanctions, and can withstand low prices since it has sold oil for as little as $6 a barrel in the past, a source close to Iranian oil policy said. He added any agreement to restrain supply at the next OPEC meeting in June depended on Saudi Arabia and non-member...

  • Obama visit Saudi Arabia

    NBC News' Ron Allen reports on President Obama's trip to Saudi Arabia.

  • Saudi oil production pressure

    Tom Petrie, Petrie Partners chairman, provides insight on assessing value on Saudi Aramco IPOs.