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International Organizations OPEC

  • *Expects OPEC, non- OPEC to comply more with supply cuts. LONDON, Feb 21- OPEC and outside producers including Russia will boost compliance with agreed oil output curbs in a bid to clear a supply glut that has weighed on prices, the group's secretary general said on Tuesday. OPEC Secretary General Mohammad Barkindo also said he was "cautiously optimistic" on the...

  • *Popeyes up after Restaurant Brands agrees to buy company. Investor sentiment was boosted by a more than 1.5 percent rise in oil prices, after OPEC said the group was hopeful of higher compliance with its deal to cut production. Strong earnings, robust economic data and the possibility of fiscal stimulus under President Donald Trump has lifted Wall Street's...

  • U.S. stock index futures are poised for a slightly higher open on Tuesday as traders eyed a deluge of earnings reports.

  • *OPEC says 90 percent of oil output cuts made in January. *OPEC wants compliance with cuts even higher, says Sec-Gen. LONDON, Feb 21- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.

  • LONDON, Feb 21- OPEC countries are aiming to boost compliance with agreed oil output curbs further from January's high levels in a bid to clear a supply glut that has weighed on prices, the group's secretary general said on Tuesday. Russia and 10 other non- OPEC producers agreed to cut half as much. OPEC Secretary General Mohammad Barkindo said that the production...

  • *Money managers bet OPEC cuts will tighten market. LONDON, Feb 21- Oil rose on Tuesday after exchange data showed hedge funds placing record bets on North Sea and U.S. crude as OPEC production cuts tightened supply. Money managers now hold the highest volume of net long Brent futures and options on record, InterContinental Exchange data showed on Monday, betting on...

  • Asia markets traded mixed, while South Korean shares hit highs not seen since mid-2015 during the Tuesday session.

  • TOKYO, Feb 21- Crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year. West Texas Intermediate crude was up 34 cents, or 0.6 percent, at $53.74 a barrel at 0733 GMT, after rising about 0.5 percent in a shortened session on Monday due to a U.S. national holiday.

  • TOKYO, Feb 21- U.S. crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year. West Texas Intermediate crude was up 27 cents, or 0.5 percent, at $53.67 a barrel at 0511 GMT, after rising about 0.5 percent in a shortened session on Monday due to a U.S. national holiday.

  • TOKYO, Feb 21- Crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year. West Texas Intermediate crude was up 31 cents, or 0.6 percent, at $53.71 a barrel at 0218 GMT, after rising about 0.5 percent in a shortened session on Monday due to a U.S. national holiday.

  • TOKYO, Feb 21- U.S. crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year. West Texas Intermediate crude was up 23 cents at $53.63 a barrel at 0032 GMT. Investors now hold more crude futures and options than at any time on record, after members of the Organization...

  • Compliance with OPEC cut around 90 pct, but U.S. output rising. Top OPEC exporter Saudi Arabia's crude oil shipments fell in December to 8.014 million barrels per day from 8.258 million bpd in November, official data showed on Monday. U.S. futures West Texas Intermediate crude gained about 29 cents or 0.5 percent to $53.69 prior to the close of trade at 1 p.m. EST, an...

  • *Compliance with OPEC cut around 90 pct, but U.S. output rising. NEW YORK, Feb 20- Oil prices inched higher on Monday, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained rally, although growing U.S. output and stubbornly high stockpiles kept price gains in check. Top OPEC exporter Saudi Arabia's crude oil shipments...

  • *OPEC cut compliance around 90 pct, but U.S. output rising. Top OPEC exporter Saudi Arabia's crude oil shipments fell in December to 8.014 million barrels per day from 8.258 million bpd in November, official data showed on Monday. Brent futures were up 37 cents at $56.18 a barrel at 1:05 p.m. EST, while U.S.

  • *OPEC cut compliance around 90 pct, but U.S. output rising. NEW YORK/ LONDON, Feb 20- Oil edged up on Monday, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained price rise, although growing U.S. output and stubbornly high stockpiles kept price gains in check. Top OPEC exporter Saudi Arabia's crude oil shipments fell in...

  • LONDON, Feb 20- Hedge funds and other money managers have amassed a very large bullish position in crude oil futures and options without so far having much impact on oil prices. The combined net long position has a notional valuation of more than $49 billion, which is the highest since July 2014. Fund managers now have the most bullish view on oil since the first half...

  • *OPEC cut compliance around 90 pct, but U.S. output rising. Investors have certainly taken OPEC members at their word on their commitment to cut production and now hold more crude futures and options than at any time on record. "There is still a general consensus that the OPEC/ non- OPEC agreement helps supply to get in line with demand.

  • LONDON, Feb 20- Hedge funds and other money managers have amassed a very large bullish position in crude oil futures and options without so far having much impact on oil prices. The combined net long position has a notional valuation of more than $49 billion, which is the highest since July 2014. Fund managers now have the most bullish view on oil since the first half...

  • *OPEC cut compliance around 90 pct, but U.S. output rising. Investors have certainly taken OPEC members at their word on their commitment to cut production and now hold more crude futures and options than at any time on record. "There is still a general consensus that the OPEC/ non- OPEC agreement helps supply to get in line with demand.

  • *OPEC cut compliance around 90 pct, but U.S. output rising. Investors have certainly taken OPEC members at their word on their commitment to cut production and now hold more U.S. crude futures and options than at any time on record. "There is still a general consensus that the OPEC/ non- OPEC agreement helps supply to get in line with demand.