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  • MOSCOW— Russian news agencies are reporting that President Vladimir Putin has appointed Deputy Finance Minister Maxim Oreshkin to take over the economic development ministry, replacing an official who is facing corruption charges. Interfax says Putin met with Oreshkin on Wednesday and remarked that "you are working successfully" before offering him the...

  • *Saudi Falih says OPEC close to reaching deal. *Iran says Russia would cut if OPEC reaches deal. Falih also said OPEC was focusing on reducing output to a ceiling of 32.5 million barrels per day, or cutting by more than 1 million bpd, and hoped Russia and other non- OPEC members would contribute a cut of another 0.6 million bpd.

  • *Saudi Falih says OPEC close to reaching deal. *Iran says Russia would cut if OPEC reaches deal. Falih also said OPEC was focusing on reducing output to a ceiling of 32.5 million barrels per day, or cutting by more than 1 million bpd, and hoped Russia and other non- OPEC members would contribute a cut of another 0.6 million bpd.

  • VIENNA— Breaking with years of inaction, OPEC agreed Wednesday to cut its oil output for the first time since 2008. The reduction of 1.2 million barrels a day is significant, leaving OPEC's daily output at 32.5 million barrels. And OPEC President Mohammed Bin Saleh Al-Sada said non- OPEC nations are expected to pare an additional 600,000 barrels a day off their...

  • TOKYO, Nov 30- Japan's trade minister on Wednesday dismissed concerns that boosting economic ties with Russia as part of a push for progress on a decades-old territorial row would mainly benefit Moscow, saying any business deals would be "win-win" for both. Japanese Prime Minister Shinzo Abe is betting his close ties with Russian President Vladimir Putin and...

  • TOKYO, Nov 30- Japan's trade minister on Wednesday dismissed concerns that boosting economic ties with Russia as part of a push for progress on a decades-old territorial row would mainly benefit Moscow, saying any business deals would be "win-win" for both. Japanese Prime Minister Shinzo Abe is betting his close ties with Russian President Vladimir Putin and...

  • BRIEF- RUSSIA'S TCS GROUP SAYS EXPECTS ROE OF 35-40 PCT IN. Nov 30- TCS Group Holding Plc says:. *Expects return on equity of around 35-40 percent in 2017..

  • *OPEC experts could not agree details in Monday talks. OPEC sources told Reuters a meeting of experts in Vienna on Monday failed to bridge differences between OPEC's de facto leader, Saudi Arabia, and the group's second- and third-largest producers over the mechanics of output cuts. On Tuesday, tensions rose further after Iran wrote to OPEC saying it wanted Saudi...

  • The Saudi Oil Minister Khaled al-Faleh.

    With OPEC deal hopes fading, oil prices have nowhere to go but down ... for now, says John Kilduff.

  • *OPEC experts could not agree details in Monday talks. OPEC sources told Reuters a meeting of experts in Vienna on Monday failed to bridge differences between OPEC's de facto leader, Saudi Arabia, and the group's second- and third-largest producers over the mechanics of output cuts. On Tuesday, tensions rose further after Iran wrote to OPEC saying it wanted Saudi...

  • *Russia preparing to sell stake in top oil firm. MOSCOW, Nov 29- Russia has instructed its top oil producer Rosneft to submit proposals for its privatisation by Dec. 1, keeping Moscow on track to receive funds from the sale by the end of the year. "I have sent a letter to Rosneft management... for them to draw up proposals on privatisation options by Dec. 1," Kremlin economic...

  • *Russia preparing to sell stake in top oil firm. MOSCOW, Nov 29- Russia has instructed its top oil producer Rosneft to submit proposals for its privatization by Dec. 1, keeping Moscow on track to receive funds from the sale by the end of the year. "I have sent a letter to Rosneft management... for them to draw up proposals on privatization options by Dec. 1," Kremlin economic...

  • LONDON, Nov 29- Saudi Arabia is one of the very few countries which has increased its drilling for new oil and gas wells since prices began to slump in the middle of 2014.. However, the number of rigs operating in Saudi Arabia has climbed from 105 to 126 over the same period, according to oilfield services company Baker Hughes. The only other countries to report a...

  • *OPEC experts could not agree details in Monday talks. OPEC sources told Reuters a meeting of experts in Vienna on Monday failed to bridge differences between OPEC's de facto leader, Saudi Arabia, and the group's second- and third-largest producers over the mechanics of output cuts. OPEC said it would exempt Iran, Libya and Nigeria from cuts as their output has...

  • Russian Energy Minister to skip OPEC meeting

    The RIA news agency says Alexander Novak will be absent from the OPEC meeting on Wednesday.

  • *OPEC experts could not agree details in Monday talks. VIENNA, Nov 29- Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the Organization of the Petroleum Exporting Countries to reach a global output-limiting deal when it meets on Wednesday. OPEC sources told Reuters a meeting of experts in Vienna on Monday...

  • *OPEC experts could not agree details in Monday talks. VIENNA, Nov 29- Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the Organization of the Petroleum Exporting Countries to reach a global output-limiting deal when it meets on Wednesday. OPEC sources told Reuters a meeting of experts in Vienna on Monday...

  • Republican presidential candidate Donald Trump (2nd L) talks with journalists during a rally against the Iran nuclear deal on the West Lawn of the U.S. Capitol September 9, 2015 in Washington, DC.

    Trump has fired off another tweet barrage, attacking a CNN reporter who said the president-elect "falsely" claimed extensive voter fraud.

  • SINGAPORE- Bank Indonesia deputy Governor Perry Warjiyo to speak at the Emerging Asia Economic forum, hosted by INSEAD and IIF- 0100 GMT. BRAZIL- Central Bank of Brazil monetary policy committee meeting-. BOGOTA- Bank of Colombia board meeting.

  • *OPEC experts meeting fails to resolve Iraq, Iran issues. VIENNA, Nov 28- OPEC was trying on Monday to rescue a deal to limit oil output as tensions grew among the producer group and non- OPEC member Russia, with top exporter Saudi Arabia saying markets would rebalance even without an agreement. A gathering of OPEC experts failed to reach a compromise on how exactly...