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International Organizations OPEC

  • *Sterling slips on political uncertainty in UK. Oil prices held near multi-month lows on Wednesday as investors discounted evidence of strong compliance by OPEC and non- OPEC oil producers with a deal to cut global output. It moved further away from a 3-1/ 2- month high of C $1.3165 reached a week ago after Bank of Canada's governor expressed support for an...

  • TOKYO, June 21- Oil prices held near multi-month lows on Wednesday as investors discounted evidence of strong compliance by OPEC and non- OPEC oil producers with a deal to cut a global output. U.S. crude futures for August were trading up 4 cents at $43.55, after spending much of the day slightly lower and falling more than 2 percent on Tuesday to the lowest since...

  • TOKYO, June 21- Oil prices dipped on Wednesday, trading around multi-month lows as investors discounted evidence of strong compliance by OPEC and non- OPEC oil producers with a deal to cut global output. Global benchmark Brent was down 11 cents, or 0.2 percent, at $45.91 barrel at 0345 GMT after falling nearly 2 percent in the previous session to its lowest...

  • *Spot gold had risen 0.2 percent to $1,245.30 per ounce by 0038 GMT, after dropping as far as $1,241 in the previous session. Oil fell about 2 percent on Tuesday, with Brent settling at seven-month lows and U.S. crude at its cheapest level since September, after increased supply from several key producers overshadowed high compliance by OPEC and non- OPEC oil...

  • TOKYO, June 21- Oil prices held around multi-month lows in early Asian trading on Wednesday as investors discounted evidence of strong compliance by OPEC and non- OPEC oil producers with a deal to cut global output. Brent was down 6 cents at $45.96 barrel at 0035 GMT. U.S. crude futures for August were trading down 3 cents at $43.48.

  • *MSCI to add China' A' shares to its emerging markets benchmark. Oil fell about 2 percent, with Brent settling at seven-month lows and U.S. crude at its cheapest since September, after increased supply from several key producers overshadowed high compliance by OPEC and non- OPEC oil producers with a deal to cut global output. "People really thought $45 to $55 was kind...

  • OPEC supply jumps in May as Libya, Nigeria output recovers. *OPEC, non- OPEC compliance with cuts hits highest in May- source. NEW YORK, June 20- Oil fell about 2 percent on Tuesday, with Brent settling at seven-month lows and U.S. crude at its cheapest level since September, after increased supply from several key producers overshadowed high compliance by OPEC and non-...

  • Oil prices fell about 2 percent after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other producers to support the market through reduced output. "People really thought $45 to $55 was kind of the range of oil, but it is getting weaker and weaker and U.S. producers are getting more and more efficient," said Ken...

  • Oil fell about 2 percent, with Brent settling at seven-month lows and U.S. crude at its cheapest since September, after increased supply from several key producers overshadowed high compliance by OPEC and non- OPEC oil producers with a deal to cut global output. That slide weighed down energy stocks on Wall Street and in Europe. "People really thought $45 to $55 was...

  • Commodities tomorrow:

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

  • OPEC supply jumps in May as Libya, Nigeria output recovers. *OPEC, non- OPEC compliance with cuts hits highest in May- source. NEW YORK, June 20- Oil fell about 2 percent on Tuesday, with Brent settling at seven-month lows and U.S. crude at its cheapest since September, after increased supply from several key producers overshadowed high compliance by OPEC and non- OPEC...

  • June 20- U.S. stocks fell from record levels on Tuesday as a sharp drop in oil prices hurt energy stocks and some investors were wary of a congressional election in Georgia. Oil prices nosedived to seven-month lows after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other producers to support the market...

  • An oil pump jack in the oil town of Gonzales, Texas.

    Oil prices fell after news of supply increases, which have undermined attempts by producers to support the market through reduced output.

  • Oil prices fell nearly 3 percent to seven-month lows after supply hikes by several key producers overshadowed compliance by OPEC and non- OPEC oil producers on a deal to cut global output. That slide weighed down energy stocks on Wall Street and in Europe. "Obviously you go back to the first part of 2016 when oil made a deep dip it dragged a lot of other things with it,"...

  • *OPEC supply jumps in May as Libya, Nigeria output recovers. *OPEC, non- OPEC compliance with cuts hits highest in May- source. NEW YORK, June 20- Oil prices fell nearly 3 percent to seven-month lows on Tuesday after increases in supply by several key producers overshadowed high compliance by OPEC and non- OPEC oil producers with a deal to cut global output amid a...

  • June 20- U.S. stocks extended their losses in early afternoon trading on Tuesday, slipping from record levels, as a sharp drop in oil prices squeezed energy stocks and a rebound in technology shares faded out. Oil prices nosedived to seven-month lows after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other...

  • Workers wash off hoses that are part of the oil rig owned by Liberty Resources, located just outside of Tioga, ND in the Bakken region of US.

    Oil prices could slide back into the $30s per barrel before the sell off ends and prices stabilize.

  • LONDON, June 20- OPEC and non- OPEC oil producers' compliance with a deal to cut global output has reached its highest in May since they agreed on the curbs last year, reaching 106 percent last month, a source familiar with the matter said on Tuesday. OPEC compliance with the output curbs in May was 108 percent, while non- OPEC compliance was 100 percent, the source said.

  • Oil workers make a pipe connection on a drilling rig near Encinal, Texas.

    U.S. crude oil fell into bear market territory on Tuesday, and the losses could continue in the coming months if historical trends hold.

  • SAO PAULO, June 20- Latin American currencies and stocks dropped on Tuesday as falling prices of commodities from crude oil to iron ore curbed demand for assets from exporters of basic products. News of increased supply by several key oil producers hammered crude futures to a seven-month low, extending a trend that has undermined attempts by OPEC and others to...