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  • *OPEC- led supply cut seen extended by six to nine months. *Soaring U.S. production undermines OPEC efforts. The possibility of deepening the cuts was also being discussed ahead of a meeting of OPEC and other producers in Vienna on May 25, sources said.

  • LONDON, May 22- Iraq has achieved its share of the production cuts agreed by OPEC and non- OPEC producers at the end of last year but remains ready to meet future oil demand growth, Iraqi oil minister Jabar al-Luaibi said in a speech on Monday. "Iraq as the second-largest producer in OPEC confirms its achievement to the commitment to implement the production cut and...

  • LONDON, May 22- Iraq has achieved its share of the production cut agreement reached by OPEC and non- OPEC producers at the end of last year but remains ready to meet future oil demand growth, according to a speech by Iraqi oil minister Jabar al-Luaibi on Monday. "Iraq as the second largest producer in OPEC confirms its achievement to the commitment to implement the...

  • *UK lawyer who reviewed Rolls-Royce completes trio. PARIS, May 22- Airbus has appointed an independent panel including two former ministers to examine its anti-corruption practices after Britain and France launched fraud and bribery investigations into the sale of jetliners. Europe's largest aerospace group said on Monday the three advisers, who include...

  • *OPEC- led supply cut seen extended by six to nine months. *Soaring U.S. production undermines OPEC efforts. The option of deepening the cuts was also being discussed ahead of a meeting of OPEC and other producers in Vienna on May 25, sources said.

  • BAGHDAD, May 22- Saudi energy minister Khalid al-Falih will meet with his Iraqi counterpart in Baghdad on Monday as the top oil producer seeks to convince others to extend output cuts for a further nine months ahead of an OPEC meeting on Thursday. The Organization of the Petroleum Exporting Countries meets in Vienna to consider whether to extend the cuts agreed...

  • *Riyadh may need to loosen purse strings to boost economy. RIYADH, May 22- Pressure on Saudi Arabia's finances will make it eager to secure a deal on oil output cuts at this week's talks among global producers, even if Riyadh has to shoulder the lion's share of the reductions. The result, oil analysts and economists say, is that Saudi Arabia will go into the meeting of...

  • *OPEC- led supply cut seen extended to March 2018. *Soaring U.S. production also undermines OPEC efforts. SINGAPORE, May 22- Oil rose on Monday, pushed by reports that an OPEC- led supply cut may not just be extended into 2018 but might be deepened to tighten the market and prop up prices.

  • BAGHDAD, May 22- Saudi oil minister Khalid al-Falih will visit Iraq on Monday to discuss the extension of an OPEC- led oil output cut with his counterpart, Iraq oil ministry spokesman Asim Jihad said. The Organization of the Petroleum Exporting Countries meets in Vienna on May 25 to consider whether to extend output cuts agreed in December last year between OPEC...

  • *OPEC overcomes suspicions to talk to funds and traders. *OPEC and non- OPEC oil ministers meet on Thursday. Barkindo, elected to OPEC's top job in June 2016 to deal with an oil price slump, told Morse that OPEC wanted to better understand the way financial players worked in the oil markets.

  • *OPEC- led supply cut seen extended to March 2018. *Soaring U.S. production also undermines OPEC efforts. SINGAPORE, May 22- Oil prices rose on Monday, supported by reports that an OPEC- led supply cut may not only be extended into next year but might also be deepened to tighten the market and prop up prices.

  • LONDON, May 19- OPEC ministers head to Vienna next week where they are expected to ratify an extension of the current production cuts that has been agreed informally among the key participants. Saudi Arabia and Russia announced earlier this week that they have agreed on the need to extend OPEC and non- OPEC output cuts for a further nine months until March 2018.

  • SINGAPORE, May 22- Oil prices rose on Monday, supported by reports that an OPEC- led supply cut would not only be extended into next year but might also be deepened in order to tightening the market and prop up prices. Prices have been lifted by expectations that a pledge by the Organization of the Petroleum Exporting Countries and other producers, including Russia,...

  • *OPEC panel looked into extension and deeper cut scenario. *OPEC, non- OPEC meet on May 25 in Vienna. RIYADH, May 21- OPEC and other oil producers are on course to agree an extension of supply cuts at a meeting on Thursday, with Saudi Arabia saying most participants are on board with the plan to rein in a global supply glut.

  • Saudi Arabia and non- OPEC member Russia, the world's top two oil producers, have agreed on the need to prolong the current deal on cuts, which expires in June, until March 2018. The panel, the Economic Commission Board, does not set policy and its meeting precedes the gathering of OPEC and non- OPEC oil ministers on May 25 to decide whether to extend beyond June 30 their...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • VIENNA, May 19- An OPEC panel reviewing scenarios for the oil producer group's meeting next week is looking at the option of deepening and extending a deal to reduce crude output, OPEC sources said on Friday, in an attempt to drain inventories and support prices. Their panel, the Economic Commission Board, was due to conclude talks on Thursday but they finally ended...