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International Organizations OPEC

  • Commodities tomorrow:

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

  • Pipeline and crude storage tanks in Cushing Oklahoma.

    Oil cut losses of almost 4 percent as the market recovered from its initial reaction to Donald Trump's surprise victory.

  • LAUNCESTON, Australia, Nov 9- The sharp drop in China's crude oil imports in October can be ascribed to a combination of factors, but one of them should be a red flag to OPEC, threatening the success of any deal to curb production. China doesn't release stockpiling data on a monthly basis and only occasionally updates the amount of crude it has in strategic storage.

  • LAUNCESTON, Australia, Nov 9- The sharp drop in China's crude oil imports in October can be ascribed to a combination of factors, but one of them should be a red flag to OPEC, threatening the success of any deal to curb production. China doesn't release stockpiling data on a monthly basis and only occasionally updates the amount of crude it has in strategic storage.

  • *Doubts remain over OPEC, producer cuts in crude output. U.S. crude stockpiles rose 4.4 million barrels in the week to Nov. 4, according to the American Petroleum Institute. Brent futures edged down 26 cents, or 0.6 percent, to $46.04 a barrel at 5:09 p.m..

  • Commodities tomorrow:

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

  • *Doubts remain over OPEC, producer cuts in crude output. NEW YORK, Nov 8- Oil prices ended little changed on Tuesday as the market waited to find out who voters elected to be the next president of the United States. West Texas Intermediate contract due in part to projections of record OPEC output.

  • Oil workers

    Investors unwound some of their recent bets against economically sensitive assets such as crude and equities.

  • *Doubts remain over OPEC, producer cuts in crude output. NEW YORK, Nov 8- Oil prices edged higher on Tuesday after trading either side of unchanged all morning, keeping crude in line with a small increase in U.S. stock markets as voters headed to the polls to elect the next president of the United States. The most recent polls have put Democrat Hillary Clinton ahead of...

  • *Doubts over OPEC producer cuts also weigh. NEW YORK, Nov 8- Oil prices were little changed on Tuesday, paring earlier gains in line with U.S. stock markets as voters head to the polls to elect the next president of the United States. The most recent polls have put Democrat Hillary Clinton ahead of Republican rival Donald Trump in Tuesday's election.

  • ABU DHABI, Nov 8- Failure to implement a deal agreed in Algiers in September to cut oil output would bring negative consequences to an already fragile oil industry, the secretary-general of the Organization of the Petroleum Exporting Countries said on Tuesday. Libya, Nigeria, Iraq and Iran have clamoured to be exempt from any reduction as they recover market...

  • NEW YORK, Nov 7- The forward curve for U.S. crude oil futures has steepened in recent days as worries that proposed OPEC supply cuts won't hold, or even materialize, turned the market's outlook for 2017 deliveries more bearish relative to longer-term contracts. With the Organization of the Petroleum Exporting Countries dragging out negotiating the terms of a...

  • Pedestrians walk past the New York Stock Exchange.

    U.S. stocks could see a rally out of the election and boost their standing among international developed markets, according to a strategist.

  • *Demand for OPEC crude to rise in next three years. *OPEC seen gaining oil market share in long run. However, expected demand for OPEC crude in 2019 is only 300,000 bpd more than it is pumping now, based on OPEC's relatively conservative figures.

  • *Demand for OPEC crude to rise in next three years. *OPEC seen gaining oil market share in long run. However, expected demand for OPEC crude in 2019 is only 300,000 bpd more than it is pumping now, based on OPEC's relatively conservative figures.

  • *Oil retreats as outlook dimmed by strong dollar, OPEC. SINGAPORE, Nov 8- Most Asian stock markets rose on Tuesday ahead of the U.S. presidential election, with investors optimistic but cautious over improving prospects for a win by Democrat Hillary Clinton. That came after the FBI announced on Oct. 28 it was reviewing additional emails relating to the server while...

  • *Oil holds gains- outlook dimmed by strong dollar, OPEC. SINGAPORE, Nov 8- Asian shares rose in early Asian trade on Tuesday ahead of the U.S. presidential election, with investor sentiment buoyed by improving prospects for Democrat Hillary Clinton to win. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent.

  • NEW YORK, Nov 7- The forward curve for U.S. crude oil futures has steepened in recent days as worries that proposed OPEC supply cuts won't hold, or even materialize, turned the market's outlook for 2017 deliveries more bearish relative to longer-term contracts. With the Organization of the Petroleum Exporting Countries dragging out negotiating the terms of a...

  • *OPEC reiterates commitment to cut production. NEW YORK, Nov 7- Oil prices settled more than 1 percent higher on Monday, supported by news that U.S. Gains, however, were capped by a rallying dollar on Clinton's improved prospects, making greenback-denominated oil more expensive for holders of other currencies, and by doubts over OPEC's planned production cuts.

  • Commodities tomorrow:

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