Europe Top News and Analysis Qatar

  • The $622- million purchase by the Qatar Investment Authority comes as the Doha fund increases its investments in the U.S. as the small country on the Arabian Peninsula tries to cope with low global oil and gas prices. The trust owns a total of 14 office properties and six retail properties around the New York area. Tiny Qatar, an OPEC member, is a strong regional ally...

  • *Wall Street modestly higher thanks to energy shares, Wal-Mart. NEW YORK, Aug 18- World stock markets moved higher as oil prices rose and the dollar sank to a near eight-week low on Thursday after minutes from the U.S. Wall Street was also underpinned by strong gains from Wal-Mart, which rose as much as 3.1 percent to $75.19- a more than 14- month high- after the retailer...

  • *Brent trades above $50 for first time since July 4. *Saudi Arabia signals output may hit record high. Many OPEC members have been hurt badly by a collapse in oil prices over the last two years.

  • *Saudi Arabia signals output may hit record high. Brent hit a high of $50.05 a barrel, up 20 cents on the day, before easing back to around $49.75, down 10 cents, by 1200 GMT. Many OPEC members have been hurt badly by a collapse in oil prices over the last two years.

  • ISTANBUL— A Qatar Airways passenger jet with over 300 people on board made an emergency landing at Istanbul's main airport Thursday after an engine caught fire, the airline said, blaming a "bird strike" for the blaze. Video footage showed flames spitting out of the left engine of the Airbus 330 as it prepared to land at Istanbul's Ataturk Airport.

  • *Saudi Arabia signals output may hit record high. Brent hit a high of $50.05 a barrel, up 20 cents on the day, before easing back to around $49.75, down 10 cents, by 1000 GMT. Many OPEC members have been hurt badly by a collapse in oil prices over the last two years.

  • *Saudi Arabia signals output may hit record high. Brent hit a high of $50.05 a barrel, up 20 cents on the day, before easing back to around $49.70, down 15 cents, by 0850 GMT. Many OPEC members have been hurt badly by a collapse in oil prices over the last two years.

  • *WTI crude supported by U.S./ Europe arbitrage window. SINGAPORE, Aug 18- Oil prices rose on Thursday, with Brent topping $50 a barrel for the first time in six weeks, as traders continued to talk up the potential for an output cut agreement at a meeting of OPEC and non- OPEC producers next month. "We remain skeptical that renewed talks of a production freeze by OPEC and...

  • NEW YORK, Aug 17- U.S. crude futures fell nearly 1 percent on Wednesday ahead of important inventory data while Brent steadied near 5- week highs on speculation that the world's crude producers might still be able to strike a deal to support the market. Analysts expect the U.S. Energy Information Administration to announce a fourth straight weekly rise in...

  • *OPEC, other producers to meet next month. Prices have risen by nearly 20 percent in just two weeks to their highest since early July, after speculation surfaced that top producers within and outside of OPEC could finally reach a deal on freezing output. "The market is totally dominated by short speculators facing OPEC talk," SEB commodities strategist Bjarne...

  • *OPEC members, non-members to discuss price stabilization in Sept. Saudi Energy Minister Khalid al-Falih said OPEC members and non-members would discuss the market situation, including any action that may be required to stabilize prices, during an informal meeting on Sept. 26-28 in Algeria. The IEA, which advises large developed economies on energy policy,...

  • *OPEC members, nonmembers to discuss price stabilization in Sept. Saudi Energy Minister Khalid al-Falih said OPEC members and nonmembers would discuss the market situation, including any action that may be required to stabilize prices, during an informal meeting on Sept. 26-28 in Algeria. Both benchmarks soared more than 5 percent and Brent futures were up...

  • *OPEC members, non-members to discuss price stabilization in Sept. Saudi Energy Minister Khalid al-Falih said OPEC members and non-members would discuss the market situation, including any action that may be required to stabilize prices, during an informal meeting on Sept. 26-28 in Algeria. The IEA, which advises large developed economies on energy policy,...

  • NEW YORK, Aug 11- Oil prices rose over 3 percent on Thursday after comments from the Saudi oil minister about possible action to stabilize prices triggered a round of buying and the International Energy Agency forecast crude markets would tighten in the second half of 2016.. Saudi Energy Minister Khalid al-Falih said OPEC members and non-members would...

  • *Venezuela relies heavily on oil export revenues. CARACAS, Aug 10- Venezuela on Tuesday said it was trying to rally support for a meeting of oil producers to agree measures to prop up oil prices, the struggling Latin American country's biggest source of income. Venezuela, a member of the Organization of the Petroleum Exporting Countries, is suffering from an...

  • CARACAS, Aug 8- A meeting between OPEC and non- OPEC countries may take place "in the coming weeks," Venezuelan Oil Minister Eulogio del Pino said on Monday, as the crisis-stricken South American nation seeks to prop up weak oil markets. "We are actively promoting a meeting of producers, which we estimate could take place in the coming weeks, so that OPEC and non- OPEC...

  • NEW YORK, Aug 8- Oil prices settled up nearly 3 percent on Monday amid renewed speculation that OPEC would try to restrain output, easing oversupply worries that pressured the market to three-month lows last week. The Wall Street Journal reported last week that OPEC countries such as Venezuela, Ecuador and Kuwait want to take another stab at cooperation between...

  • NEW YORK, Aug 8- Oil prices settled up nearly 3 percent on Monday amid renewed speculation that OPEC would try to restrain output, easing oversupply worries that pressured the market to three-month lows last week. The Wall Street Journal reported last week that OPEC countries such as Venezuela, Ecuador and Kuwait want to take another stab at cooperation between...

  • NEW YORK, Aug 8- Oil prices jumped about 3 percent on Monday amid renewed speculation that OPEC would try to restrain output, easing oversupply worries had pressured the market to three-month lows last week. The Wall Street Journal reported last week that OPEC countries such as Venezuela, Ecuador and Kuwait want to take another stab at cooperation between the...

  • NEW YORK, Aug 8- Oil prices jumped nearly 3 percent on Monday amid renewed speculation that OPEC would try to restrain output, easing oversupply worries had pressured the market to three-month lows last week. The Wall Street Journal reported last week that OPEC countries such as Venezuela, Ecuador and Kuwait want to take another stab at cooperation between the...