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  • *China Aug crude oil imports rise 5.7 pct from July. London Brent crude for November delivery had climbed 75 cents to $48.73 a barrel by 0400 GMT, after settling up 72 cents on Wednesday. NYMEX crude for October delivery was up 79 cents at $46.29, having ended the previous session up 67 cents.

  • London Brent crude for November delivery had climbed 76 cents to $48.74 a barrel by 0126 GMT, after settling up 72 cents on Wednesday. NYMEX crude for October delivery was up 85 cents at $46.35, having settled the previous session up 67 cents. Some analysts said Tropical Storm Hermine, which threatened the Gulf Coast refining region late last week before moving to...

  • London Brent crude for November delivery was up 74 cents at $48.72 a barrel by 0022 GMT, after settling up 72 cents on Wednesday. Oil hit a one-week high on Monday after Russia and Saudi Arabia agreed to cooperate on stabilizing the oil market. The Organization of the Petroleum Exporting Countries and non- OPEC producers such as Russia are expected to discuss the...

  • *Iran seeking to boost output to pre-nuclear sanction levels. NEW YORK, Sept 7- U.S. crude prices soared nearly 3 percent on Wednesday in post settlement trading after U.S. inventory data showed what might be the largest weekly stock draw in over three decades. Nationwide crude inventories plunged by 12.1 million barrels in the week to Sept 2, according to data...

  • *Iran seeking to boost output to pre-nuclear sanction levels. Brent futures rose 72 cents to settle at $47.98 a barrel after trading between $46.97 and $48.10. Oil hit a one-week high on Monday after Russia and Saudi Arabia agreed to cooperate on stabilizing the oil market.

  • *Iran seeking to boost output to pre-nuclear sanction levels. Brent futures rose 56 cents, or 1.2 percent, to $47.82 a barrel, by 11:43 a.m. EDT. "The market is trying to establish a balance in the mid $40 s with supply being relatively high internationally versus the prospect that OPEC and non- OPEC members might come to an agreement that would support markets," said...

  • November Brent crude futures rose 25 cents to $47.51 a barrel by 1345 GMT, while U.S. crude futures added 29 cents at $45.12 a barrel. Oil hit a one-week high on Monday after Russia and Saudi Arabia agreed to cooperate on stabilising the oil market. The Organization of the Petroleum Exporting Countries and non- OPEC producers such as Russia are expected to discuss...

  • November Brent crude futures rose 50 cents to $47.76 a barrel by 1105 GMT, while U.S. crude futures gained 40 cents to trade at $45.23 a barrel. The Organization of the Petroleum Exporting Countries and non- OPEC producers such as Russia are expected to discuss an output freeze at informal talks in Algeria on Sept. 26-28. "Even if there were no output deal at the...

  • November Brent crude futures rose 49 cents to $47.75 a barrel by 0900 GMT, while U.S. crude futures added 46 cents at $45.29 a barrel. The Organization of the Petroleum Exporting Countries and non- OPEC producers such as Russia are expected to discuss an output freeze at informal talks in Algeria on Sept. 26-28. "Even if there were no output deal at the informal talks,...

  • WARSAW, Sept 6- Poland is willing to back EU ratification of an amendment to the Kyoto Protocol on carbon emissions if the European Commission guarantees financing for new, cleaner coal-fired power stations, the Prime Minister's office said. Only a handful of EU nations including Italy and Hungary have completed ratification of the Doha amendment.

  • Oil market rebalancing: Analyst

    Stephane Foucaud, managing director at FirstEnergy Capital, discusses the potential for a deal between OPEC members on production.

  • *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.

  • *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,...