Europe Top News and Analysis Qatar

More

  • A worker at the Lukoil company-owned Imilorskoye oilfield in Kogalym, Russia, January 25, 2016

    Four big world oil producers opened the door to an output freeze, but Oil Price Information Service's Tom Kloza tells CNBC such a deal seems unlikely.

  • BAGHDAD, Feb 16- Iraq is ready to commit to freezing its oil production at January levels if a deal is reached among OPEC and non- OPEC countries, an Iraqi oil ministry source said on Tuesday. It could become the first joint OPEC and non- OPEC deal in 15 years, aimed at tackling a growing oversupply of crude and helping prices recover from their lowest in over a decade.

  • Oil Russia

    Qatar, Saudi Arabia, Russia and Venezuela would lead an effort to freeze output at January levels, but Iran had yet to be convinced.

  • DUBAI, Feb 16- Iran will not give up its appropriate share of the global oil market, the Iranian oil minister was quoted by his ministry's news agency as saying on Tuesday. He was commenting on the meeting of oil ministers of Saudi Arabia, Russia, Venezuela and Qatar in Doha earlier in the day, which agreed to freeze output at January levels provided other producers...

  • *Saudi Arabia, Russia, Qatar and Venezuela agree plan. DOHA, Feb 16- Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in- a major sticking point with Iran absent from the talks and determined to raise production. It could become the first joint OPEC and non- OPEC deal in 15...

  • Four oil producers agree to freeze production

    Qatar, Saudi Arabia, Russia and Venezuela lead an effort to freeze output at January levels.

  • LONDON, Feb 16- Oil ministers from Saudi Arabia, Russia, Venezuela and Qatar announced on Tuesday an agreement to freeze their oil output levels provided other major producers follow suit. The deal would freeze Saudi and Russian production at the record rates reported in January and is unlikely to be accepted by Iran in its current form since the country escaped...

  • LONDON, Feb 16- European stock markets were steady on Tuesday, kept afloat by stronger energy stocks which rose as oil prices climbed on the possibility of output cuts. BP rose 2.9 percent while Total advanced 2.2 percent, as a meeting of the oil ministers of Saudi Arabia, Russia, Qatar and Venezuela heightened speculation of output cuts. Qatar, Saudi Arabia, Russia...

  • *Russia, Qatar, Venezuela join in agreement. DOHA, Feb 16- Top global oil exporters including Russia and Saudi Arabia agreed on Tuesday to freeze output to tackle a global glut but said the deal was contingent on other producers, with Iran absent from the meeting and planning to ramp up shipments. He said he hoped other producers would adopt the proposal, while...

  • DOHA, Feb 16- The oil ministers of Venezuela, Iraq and Iran will meet in Tehran on Wednesday to discuss an agreement to freeze producers' output at January levels, Venezuela's oil minister said on Tuesday. Eulogio Del Pino was speaking at a news conference in Doha after he and the ministers of Qatar, Russia and Saudi Arabia agreed to freeze output providing other...

  • Feb 16- Oil ministers from Saudi Arabia, Russia, Qatar and Venezuela started a closed-door meeting in Doha on Tuesday, sources said, their highest-level discussion in months and a potentially pivotal sign that producers are preparing to tackle a devastating supply glut. The talks in the Qatari capital Doha, which had been kept under wraps until recent days,...

  • *Saudi Arabia, Russia, Qatar, Venezuela ministers meeting starts. TOKYO, Feb 16- Brent crude surged 6 percent to a near two-week high on Tuesday, as a meeting of oil ministers from Saudi Arabia, Russia, Qatar and Venezuela spurred hopes of action by the producers to tackle a devastating global supply glut that has hammered oil prices. The closed-door meeting, which...

  • *Oil rises as Saudi Arabia, Russia set to meet. The world's top two oil exporters, Saudi Arabia and Russia, will hold talks together with their counterparts from Venezuela and Qatar in Doha on Tuesday, sources told Reuters. The meeting is the latest effort by some members of the Organization of Petroleum Exporting Countries to join with non- OPEC producers in...

  • Feb 16- Top oil officials from Saudi Arabia, Russia and several key OPEC members will meet on Tuesday for their highest-level discussion in months, a potentially pivotal sign that producers are at last preparing to tackle a devastating supply glut. The talks in the Qatari capital Doha, which had been kept under wraps until recent days, involve powerful Saudi Oil...

  • TOKYO, Feb 16- U.S. oil prices jumped back above $30 a barrel on Tuesday as news of a rare private meeting of top officials from the world's biggest oil producers spurred speculation of an eventual deal to tackle a deep supply glut. The world's top two oil exporters, Saudi Arabia and Russia, will hold talks together with their counterparts from Venezuela and Qatar in...

  • U.S. crude rose $1.17, or 4.0 percent, to $30.61 per barrel by 6:04PM EST as the market reopened following a shortened holiday session, building on Friday's more than 12 percent surge. Due to the Presidents Day holiday, U.S. futures markets shut early on Monday, before news of the Doha meeting emerged. The world's top two oil exporters, Saudi Arabia and Russia, will hold...

  • Saudi Arabia's oil minister Ali al-Naimi and his Russian counterpart Alexander Novak will meet in the Qatari capital Doha, where they will be joined by ministers from OPEC members Qatar and Venezuela. The meeting revives memories of a 2001 encounter between OPEC and non- OPEC producers when OPEC heavyweight Saudi Arabia pushed through a global deal to curb...

  • The secret talks between Saudi Arabia's oil minister Ali al-Naimi and his Russian counterpart Alexander Novak will take place in the Qatari capital of Doha and the two men will be joined by ministers from OPEC members Qatar and Venezuela. Such talks have revived memories of the 2001 deal between OPEC and non- OPEC producers when OPEC heavyweight Saudi Arabia...

  • *Saudi, Russia, Venezuela, Qatar oil ministers to meet on Tuesday- sources. *Consensus growing within OPEC to counter price fall- Nigeria. LONDON, Feb 15- Oil prices rose nearly 2 percent on Monday on news that ministers from Saudi Arabia, Russia, Qatar and Venezuela would hold a previously unpublicised meeting in Doha this week, adding to speculation of a global output...

  • The meeting is the latest sign of renewed efforts by OPEC members to try to tackle- possibly together with non- OPEC producers- one of the worst oil gluts in history, which has pushed oil prices to the lowest in more than a decade.