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International Organizations OPEC

  • VIENNA/ DUBAI, Oct 28- OPEC officials meeting in Vienna to work out the details of their plan to reduce oil production failed to reach agreement after hours of talks on Friday, amid objections by Iran which has been reluctant to even freeze its output, OPEC sources said. The High Level Committee of experts will meet again in Vienna on Nov. 25 ahead of the next meeting of...

  • VIENNA/ DUBAI, Oct 28- OPEC officials meeting in Vienna to work out the details of their plan to reduce oil production failed to reach agreement after hours of talks, amid objections by Iran which has been reluctant to even freeze its output, OPEC sources said. The High Level Committee of experts will meet again in Vienna on Nov. 25 ahead of the next meeting of OPEC...

  • *OPEC meeting yet to agree on output-cap plan- sources. NEW YORK, Oct 28- Oil prices settled below $50 on Friday to mark their biggest weekly loss in six weeks, on concerns OPEC will not fully carry out a planned output cut, even as data showed U.S. oil drillers removed rigs from production for the first time since June. But the market's attention remained on...

  • VIENNA/ DUBAI, Oct 28- OPEC officials meeting in Vienna on Friday to work out the details of their plan to reduce oil production had yet to reach agreement after hours of talks, amid objections by Iran which has been reluctant to even freeze its output, OPEC sources said. "There is no agreement yet, all agree except Iran," one OPEC source said, adding Iran was asking for an...

  • A pump jack and pipes at an oil field near Bakersfield, California.

    Oil prices edged lower Friday on doubts about OPEC's first planned output cut in eight years.

  • Iran, Iraq refuse to freeze output - DJ

    CNBC's Bertha Coombs reports on the oil and gold markets reaction to headlines on OPEC and the Hillary Clinton email probe.

  • *OPEC meeting yet to agree on output-cap plan- sources. But the market's attention remained on disagreements at a meeting in Vienna of the Organization of the Petroleum Exporting Countries, said James L. Williams, energy economist at WTRG Economics in London, Arkansas. "All of the focus prices-wise is on the OPEC meeting right now...

  • VIENNA, Oct 28- OPEC officials began talks in Vienna on Friday aimed at working out details of their oil supply-cut agreement, which they concede is looking more complicated by the day. The meeting of the High Level Committee is comprised mainly of OPEC governors and national representatives- officials who report to their respective ministers.

  • *OPEC, non- OPEC experts start production-cap discussions. Russia thinks output freeze could be short-lived- Interfax. Organization of the Petroleum Exporting Countries experts and counterparts from non-member producers such as Russia started two-day negotiations on Friday on limiting output to curb a global glut that has weighed on markets for two years.

  • OIL PRICES EXTEND LOSSES AFTER REUTERS REPORTS OPEC EXPERTS YET TO AGREE ON DETAILS OF OIL OUTPUT REDUCTION PLAN, IRAN OPPOSES.

  • *OPEC, non- OPEC experts start production-cap discussions. *Russia thinks output freeze could be short-lived- Interfax. Experts from the Organization of the Petroleum Exporting Countries and counterparts from other oil-producing nations such as Russia started two-day negotiations on Friday over an output-capping agreement expected to be presented at...

  • Oil pump jack

    “We think even without an OPEC deal, prices are headed higher and that’s purely because of fundamentals,” a Barclays oil analyst told CNBC.

  • VIENNA, Oct 28- OPEC officials began talks in Vienna on Friday aimed at working out details of their oil supply-cut agreement, which they concede is looking more complicated by the day. The meeting of the High Level Committee is comprised mainly of OPEC governors and national representatives- officials who report to their respective ministers.

  • *OPEC, non- OPEC experts start production-cap discussions. Experts from the Organization of the Petroleum Exporting Countries and counterparts from other oil-producing nations such as Russia started two-day negotiations on Friday over an output-capping agreement expected to be presented at the end of next month. Brent crude futures were down 35 cents at...

  • VIENNA, Oct 28- OPEC officials began talks in Vienna on Friday aimed at working out details of their oil supply-cut agreement, which they concede is looking more complicated by the day. The meeting of the High Level Committee is comprised mainly of OPEC governors and national representatives- officials who report to their respective ministers.

  • VIENNA, Oct 28- OPEC officials began talks in Vienna on Friday aimed at working out details of their oil supply-cut agreement, which they concede is looking more complicated by the day. The meeting of the High Level Committee is comprised mainly of OPEC governors and national representatives- officials who report to their respective ministers.

  • *OPEC, non- OPEC experts start production-cap discussions. LONDON, Oct 28- Oil prices edged lower on Friday and were set for the biggest weekly losses in six weeks over doubts about whether OPEC and non- OPEC oil producers will be able to agree on an output cut big enough to curb a global glut that has weighed on markets for two years. Experts from the Organization of the...

  • MILAN, Oct 28- Italian oil major Eni stuck to its targets on Friday, despite reporting a worse-than-expected net loss in the third quarter as a result of lower oil prices and a domestic production shutdown. Commitments by OPEC last month to restrain output to boost prices have helped buoy sentiment in the industry but Eni, like other oil companies, is still feeling...

  • SINGAPORE, Oct 28- Oil prices were steady on Friday, but on track for a weekly loss of more than 2 percent on uncertainty over whether OPEC would be able to coordinate a production cut big enough to curb a global glut that has dogged markets for two years. Traders said there was reluctance in the market to move prices too far in either direction given the uncertainty...

  • It was another non-event at OPEC's last meeting.

    The oil market is taking a breather after the past month's rally sparked by hopes of an OPEC output limit.