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  • LONDON, April 19- Crude oil storage helped commodity traders and refiners make strong profits last year and in the first quarter of 2016 but now the price structure which made it possible is evaporating. In a typical storage strategy, known as "cash and carry," traders buy physical crude and put it into storage in a tank farm, or more rarely on a tanker at sea.

  • LONDON, April 19- Global stocks reached their highest levels since early December on Tuesday as oil prices rose, driven by a strike in Kuwait, and signs of economic stabilization in China improved demand for risky assets. MSCI's All Countries World Index, which tracks shares in 45 countries, rose as high as 407.45 points, its highest since Dec. 7, on strong gains in...

  • LONDON, April 19- Brent futures prices are signaling the market expects a rapid tightening of the supply-demand balance in the second half of 2016.. The spread between futures prices for oil delivered in June and July has moved into a backwardation of 17 cents per barrel from a contango of almost 50 cents at the end of last month. The spread between July and August...

  • MOSCOW, April 19- Russian President Vladimir Putin discussed the results of the Doha meeting of oil producing nations with the Emir of Qatar, Sheikh Tamim bin Hamad al-Thani on Tuesday, the Kremlin said.

  • LONDON, April 19- European shares hit three-month highs on Tuesday following gains on Asian bourses as a rise in oil prices, partly due to a workers' strike in Kuwait, boosting investors' appetite to take on risk. Oil prices had already shrugged off the weekend failure of producers to agree to freeze output at a meeting in Doha, but Tuesday's gains drove the...

  • *Kuwait's oil production has been cut to 1.1 million bpd. *Bearish sentiment to return once Kuwait resumes output. SINGAPORE, April 19- Oil prices rose on Tuesday as a strike in Kuwait cut huge amounts of crude out of the supply chain, but analysts said the disruption would be short-lived and that markets would soon refocus on a global supply glut.

  • *Crude oil underpinned by news of Kuwait strike. TOKYO, April 19- Asian share markets rose to five-month highs on Tuesday, taking their cue from gains on Wall Street after a strike in Kuwait helped pull crude oil prices above their prior-session lows. Japan's Nikkei stock index was up 3.5 percent in early trading, a day after it fell 3.4 percent as investors assessed...

  • *Bearish sentiment to return once Kuwait resumes output. SINGAPORE, April 19- Oil prices edged up in early trading on Tuesday as an oil worker strike in Kuwait cut huge amounts of crude out of the supply chain. A strike in Kuwait by oil workers has cut the country's production to just 1.1 million barrels per day, down from 2.8 million bpd usually.

  • *Crude oil prices helped by news of Kuwait strike. TOKYO, April 19- Asian share markets rose on Tuesday, taking their cue from gains on Wall Street after a strike in Kuwait helped spark a recovery in crude oil prices. Japan's Nikkei stock index was up 3.4 percent in early trading, a day after it plunged by that same percentage as investors assessed the impact of...

  • *Kuwait's oil production has been cut to 1.1 million bpd. SINGAPORE, April 19- Oil prices edged up in early trading on Tuesday as an oil worker strike in Kuwait cut huge amounts of crude out of the supply chain. Brent crude futures were at $42.95 a barrel at 0027 GMT, 4 cents above their last close.

  • Corporate earnings balance sheet

    Earnings and oil prices will challenge the stock market rally again on Tuesday.

  • NEW YORK, April 18- Oil prices edged lower on Monday after producers failed to agree on a plan to curb global supply at a meeting in Qatar, while world stock markets rose and the Dow Jones industrial average closed above 18,000 for the first time since July. In Qatar, some 18 oil-exporting nations, including OPEC members, failed to agree to stabilize output at January...

  • *It touched its highest since Nov. 4 at 13,730.59. TORONTO, April 18- Canada's main stock index rose to a five-month high on Monday as energy stocks rallied after oil pared losses, while mining and financial sector stocks also advanced. The Toronto Stock Exchange's S&P/TSX composite index closed up 82.62 points, or 0.61 percent, at 13,719.82.

  • NEW YORK, April 18- The U.S. dollar was weaker against most currencies on Monday after the impact of oil producers' failure to agree on a plan to curb global supply faded, boosting risk appetite and leaving traders to mull a dovish Federal Reserve. Commodity-linked currencies such as the Australian, New Zealand and Canadian dollars and the Russian ruble turned...

  • *Kuwait oil strike shuts over 60 pct of its production. *Brent ends down 0.4 pct; off 7 pct first on Doha talks collapse. "The material loss in production from the Kuwait strike has helped the oil market forget about the farce from Doha," said Matt Smith, director of commodity research at the New York- headquartered Clipperdata.

  • NEW YORK, April 18- Oil prices steadied on Monday as a strike in Kuwait offset concern over producers' failure to agree on a plan to curb global supply at a meeting in Qatar, while world stock markets rose. Weighing on oil prices earlier was the failure in Doha of some 18 oil-exporting nations, including OPEC members, to agree to stabilize output at January levels...

  • Workers wash off hoses that are part of the oil rig owned by Liberty Resources, located just outside of Tioga, ND in the Bakken region of US.

    U.S. shale drillers created the world's oil glut, and now they could be the biggest force in ending it.

  • April 18- Wall Street held onto gains on Monday as a recovery in oil boosted energy shares and Hasbro and Disney lifted the consumer discretionary sector. Crude prices steadied, with Brent inching into positive territory, after recovering from a near 7 percent fall spurred by the collapsed talks in Doha among major producers to tackle a stubborn global surplus.

  • *Brent up; fell 7 pct earlier on collapse of Doha talks. The producers had gathered in Qatar, Doha at the weekend for what was expected to be the rubber-stamping of a deal to stabilize output at January levels until October. "The material loss in production from the Kuwait strike has helped the oil market forget about the farce from Doha," said Matt Smith, director of...

  • (ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon (see cpurl:// apps.cp./ cms/? LONDON/ MILAN, April 18 (Reuters)- European shares recovered on Monday after a weak open, with auto and travel stocks gaining and the energy sector off its lows after a meeting by major exporters in Doha collapsed without a deal to...