Europe Top News and Analysis Qatar

More

  • TOKYO, Nov 10- Oil prices rose in early Asian trade on Tuesday after the head of OPEC forecast a more balanced market next year and the U.S. energy department said domestic production is likely to fall for an eight consecutive month. We see less non- OPEC supply. And we see an increase in the demand for OPEC crude, "Badri said.

  • The comments suggest OPEC heavyweight Saudi Arabia is satisfied with its strategy of not cutting production and allowing low prices to reduce supplies, without losing market share to competitors. Two other OPEC officials on Monday made upbeat comments about the 2016 outlook, suggesting big changes are unlikely. Prince Abdulaziz said cuts in oil industry...

  • DOHA, Nov 9- It is too early to forecast the outcome of oil producer group OPEC's Dec. 4 policy meeting, Qatari energy minister Mohammad bin Saleh al-Sada said on Monday. "It is a little too early to predict what would be the outcome of the next meeting but we are watching the situation closely," Sada, who is also acting president of OPEC, told a news conference.

  • We see less non- OPEC supply. And we see an increase in the demand for OPEC crude, "Badri said, according to the text of the speech published on the OPEC website. "The market is now taking on board this new reality and gradually resetting itself, as we can see with falling non- OPEC supply growth and stronger demand," he said.

  • Can China compete with Airbus and Boeing? Monday, 9 Nov 2015 | 2:30 AM ET
    Can China compete with Airbus and Boeing?

    Akbar Al Baker, CEO of Qatar Airways, says he will buy Chinese airplanes when they reach the right standard of quality.

  • Qatar Air plans 'world's best' luxury offering Sunday, 8 Nov 2015 | 10:22 AM ET
    The Qatar Airways first class cabin

    Qatar Airways said it did not plan to place an order at the 2015 Dubai Air show, but promised a new luxury product after taking a 'breather'.

  • *For other news from Reuters Middle East Investment Summit, click on http://www.reuters.com/summit/MiddleEast15. DOHA, Nov 8- On the seventh floor of a Doha tower block, in a room filled with display cases containing old coins, clocks and Koranic manuscripts, 82- year-old Hussain Alfardan sits fingering a pearl necklace he says is worth $2 million.

  • China may end supplier monopoly: Qatar Airways CEO Saturday, 7 Nov 2015 | 7:03 PM ET
    China may end supplier monopoly: Qatar Airways CEO

    Akbar Al Baker, CEO, Qatar Airways, says he welcomes news of a Chinese-manufactured aircraft, saying it may help end the supplier monopoly held by Airbus and Boeing.

  • Russia crash won't impact us: Qatar Airways CEO Saturday, 7 Nov 2015 | 7:02 PM ET
    Russia crash won't impact us: Qatar Airways CEO

    Akbar Al Baker, CEO of Qatar Airways, tells CNBC that the diversion from the Sinai peninsula won't have a large impact on his company in the wake of the Russian plane crash.

  • EU carriers afraid of competition: Qatar Airways CEO Saturday, 7 Nov 2015 | 7:01 PM ET
    EU carriers scared of competition: Qatar Airways CEO

    Akbar Al Baker, CEO of Qatar Airways, tells CNBC that European carriers are afraid of competition with his airline, which is providing customers with good value for money.

  • Qatar sovereign fund suffers $12B loss as VW slumps Monday, 28 Sep 2015 | 11:44 PM ET

    Qatar Investment Authority is likely to be nursing losses on eight of its top 10 holdings including Glencore, the FT reports.

  • *Goldman Sachs lowers 2015, 2016 oil price forecasts. LONDON, Sept 11- Oil prices fell more than 2 percent on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer summit. Joining a long list of banks cutting their price forecasts, Goldman...

  • UPDATE 5-Oil falls after Goldman cuts forecasts Friday, 11 Sep 2015 | 4:48 AM ET

    *Goldman Sachs lowers 2015, 2016 oil price forecasts. LONDON, Sept 11- Oil prices fell on Friday after Goldman Sachs cut its crude forecasts, citing global over-supply and concerns over the health of the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer summit. Joining a long list of banks cutting their price forecasts, Goldman Sachs on...

  • Goldman Sachs lowers 2015, 2016 oil price forecasts. SEOUL, Sept 11- Crude oil prices fell on Friday as a stronger dollar, Saudi Arabia's dismissal of a producer summit and a lower price forecast by Goldman Sachs weighed, with prices headed for a weekly loss despite rallying in the previous session. The comments followed a meeting of Gulf Arab oil ministers with...

  • October Brent, the global oil benchmark, shed 16 cents to $48.73 a barrel as of 0352 GMT after it settled up $1.31, or 2.8 percent, on Thursday at $48.89 a barrel. October U.S. crude lost 29 cents to $45.63 a barrel after it settled up $1.77, or 4 percent, at $45.92 a barrel. The comments followed a meeting of Gulf Arab oil ministers with Qatar's emir in Doha, at which a...

  • The front-month October contract for Brent, the global oil benchmark, shed 5 cents to $48.84 a barrel as of 0217 GMT after it settled up $1.31, or 2.8 percent, on Thursday at $48.89 a barrel. The U.S. crude October contract also lost 14 cents to $45.78 a barrel after it settled up $1.77, or 4 percent, at $45.92 a barrel. The comments followed a meeting of Gulf Arab oil...

  • The front-month October contract for Brent, the global oil benchmark, shed 20 cents to $48.69 a barrel as of 0034 GMT after it previously settled up $1.31, or 2.8 percent, at $48.89 a barrel. The U.S. crude October contract also lost 29 cents to $45.63 a barrel after it settled up $1.77, or 4 percent, at $45.92 a barrel. The comments followed a meeting of Gulf Arab oil...

  • The comments followed a meeting of Gulf Arab oil ministers with Qatar's emir in Doha, at which a Venezuelan proposal for an OPEC and non- OPEC summit was discussed. Oil prices have more than halved since summer last year on an oversupplied market as well as a decision by OPEC to defend market share and discourage competing supply sources, rather than cut its output...

  • DUBAI, Sept 7- Gulf oil ministers are due to meet this week in Qatar for an annual meeting, in the first gathering by the heavyweight crude producers since the latest slide in oil prices. But while the price drop is not on the agenda for the scheduled meeting of the six-nation Gulf Cooperation Council- Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Bahrain and Oman,...

  • CARACAS, Sept 4- Venezuelan president Nicolas Maduro arrived in fellow OPEC nation Qatar on Friday in an unannounced visit to push for action on oil prices. Venezuela's Oil Ministry did not immediately respond to a request for further details. Cash-strapped Venezuela has for months been pushing for an emergency OPEC meeting and joint coordination with...