×

International Organizations OPEC

  • DUBAI, Nov 26- Iran is optimistic about OPEC reaching an agreement and plans to announce its own decision about any output curbs at the group's meeting next week, Iranian Oil Minister Bijan Zanganeh said on the ministry's official website SHANA. The general trend and public statements suggest that OPEC can reach a viable agreement for its production and market...

  • *Saudi wants OPEC to solve own problems before meeting non- OPEC. *Analysts expect some output cut after OPEC meeting. BOSTON, Nov 25- U.S. crude fell nearly 4 percent on Friday, dragged down by uncertainty over whether the Organization of the Petroleum Exporting Countries will reach an output deal, after Saudi Arabia said it will not attend talks on Monday with non-...

  • A trader fill orders in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) in Chicago, Illinois.

    Investors will get a good look under the hood of the economy in the coming week, but may not be what matters most.

  • Pump jacks in an oil field over the Monterey Shale formation near Lost Hills, Calif.

    Oil prices extended losses after Saudi Arabia said it will not attend talks on Monday with non-OPEC producers to discuss supply cuts.

  • Excess gas is burnt off at a pipeline at Rumaila oilfield in Basra, Iraq.

    Analysts are split on what the news means for the Saudis' goal of securing significant output cuts and reversing a two-year oil price slump.

  • *OPEC, non- OPEC officials were to meet on Monday in Vienna. DUBAI/ LONDON, Nov 25- Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non- OPEC producers to discuss limiting supply, OPEC sources said, as it wants to focus on having consensus within the organisation first. "There is an official letter from saying not...

  • *Saudi wants OPEC to solve own problems before meeting non- OPEC. *Analysts expect some output cut after OPEC meeting. BOSTON, Nov 25- Oil prices fell more than 2 percent on Friday, dragged down by uncertainty over whether the Organization of the Petroleum Exporting Countries will reach an output deal, after Saudi Arabia said it will not attend talks on Monday with...

  • *OPEC, non- OPEC officials were to meet on Monday in Vienna. DUBAI/ LONDON, Nov 25- Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non- OPEC producers to discuss limiting supply, OPEC sources said, as it wants to focus on having consensus within the organization first. "There is an official letter from saying not...

  • *OPEC, non- OPEC officials were to meet on Monday in Vienna. DUBAI/ LONDON, Nov 25- Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non- OPEC producers to discuss limiting supply, OPEC sources said, as it wants to focus on having consensus within the organisation first. "There is an official letter from saying not...

  • DUBAI, Nov 25- Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non- OPEC producers to discuss limiting supply, OPEC sources said, as it wants to focus on having consensus within the organisation first. OPEC oil ministers meet on Wednesday to finalise the deal. "There is an official letter from saying not attending...

  • DUBLIN, Nov 25- After a year of huge shocks to the market, investors' nerves will be tested twice more in the coming week as OPEC debates an oil output cut and Italy provides the first of several upcoming major European electoral tests. By far the greater unknown of the two, investors fear Italy could be plunged into political uncertainty if pro-euro Prime Minister...

  • Nov 25- Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend scheduled talks in Vienna on Monday with non- OPEC oil producers, OPEC sources said on Friday. The meeting was planned to discuss the contribution that producers outside the Organization of the Petroleum Exporting Countries will make to a supply-limiting agreement.

  • *China's monthly oil imports fall. *Analysts expect some output cut after OPEC meeting. LONDON, Nov 25- Oil prices slid on Friday, dragged by a strong dollar and uncertainty over whether OPEC will agree to cut production at the group's meeting next week, but benchmark contracts were on track to close the week with gains close to 4 percent.

  • *China's monthly oil imports fall. *Analysts expect some output cut after OPEC meeting. LONDON, Nov 25- Oil prices slid on Friday, dragged by a strong dollar and uncertainty over whether OPEC will agree to cut production at the group's meeting next week, but benchmark contracts were on track to close the week with gains close to 4 percent.

  • *Push comes after Saudis lose top China supply role to Russia. *Analysts still expect some output cut after OPEC meeting. Brent crude futures were trading at $48.42 at 0753 GMT, down 58 cents, or 1.2 percent, from their last close, although overall activity was thin after the U.S.

  • *But analysts expect some form of output cut after OPEC meeting. SINGAPORE, Nov 25- Oil prices fell more than 1 percent on Friday as a strong dollar and a rise in Saudi supplies to some Asian clients, weighed on markets, despite a planned OPEC- led output cut to be decided next week. International Brent crude oil futures were trading at $48.31 at 0650 GMT, down 69 cents, or...

  • *Most analysts expect some form of output cut after OPEC meeting. Thanksgiving holiday and as many traders are reluctant to take big new positions ahead of a planned OPEC- led crude output cut to be decided next week. OPEC is due to meet on Nov. 30 to coordinate a cut, potentially with non- OPEC member Russia, the world's largest producer, but there is disagreement...

  • *Most analysts expect some form of output cut after OPEC meeting. Thanksgiving holiday and with many traders reluctant to take big new positions ahead of a planned OPEC- led crude output cut to be decided next week. OPEC is due to meet on Nov. 30 to coordinate a cut, potentially with non- OPEC member Russia, but there is disagreement within the producer cartel as to...

  • *Asia ex- Japan set to end the week up 1.4 pct; Nikkei up 2.8 pct. *Oil steady ahead of OPEC meeting next week; gold slide continues. SINGAPORE, Nov 25- Asian stocks advanced on Friday as the Thanksgiving break in the United States helped slow a relentless surge in the dollar that has sucked capital out of most emerging markets.

  • *Most analysts expect some form of output cut after OPEC meeting. OPEC is due to meet on Nov. 30 to coordinate a cut, potentially together with non- OPEC member Russia, but there is also disagreement within the producer cartel as to which member states should cut and by how much. "Crude oil prices treaded water as OPEC and non- OPEC members spent more time in preliminary...