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  • FRANKFURT- European Central Bank governing council non-monetary policy meeting. FRANKFURT- European Central Bank Executive Board Member Yves Mersch will give speech on "Vision 2020 of the Eurosystem- Further development of the Eurosystem market infrastructure" at a conference on "Payment transactions and securities settlement in Deutschland in the year...

  • BAGHDAD, May 16- Iraq is committed to reducing oil production to decrease a glut in the global market, and will support extending output cuts in line with any OPEC decision, Prime Minister Haider al-Abadi said on Tuesday. The Organization of the Petroleum Exporting Countries meets in Vienna on May 25 to consider whether to extend output cuts agreed in December...

  • BAGHDAD, May 16- Iraq is committed to reducing oil production to decrease a glut in the global market, and will support extending output cuts in line with any OPEC decision, Prime Minister Haider al-Abadi said on Tuesday. The Organization of the Petroleum Exporting Countries meets in Vienna on May 25 to consider whether to extend output cuts agreed in December...

  • LONDON/ DUBAI, May 16- A proposal to extend an OPEC and non- OPEC supply cut for nine months is a postive idea, sources familiar with Iranian thinking said, suggesting OPEC's third-largest producer is likely to go along with such a plan if there is a consensus. "This statement shows the commitment by OPEC and major non- OPEC oil producers to bringing stability to the oil...

  • *Kuwait says it supports Saudi/Russian push to extend curbs. LONDON, May 16- Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolonging supply cuts until the end of March 2018 in a bid to drain a global glut. Saudi Arabia and Russia said on Monday they agreed on the need for a 1.8 million barrels per day crude supply...

  • FRANKFURT- European Central Bank Executive Board Member Benoit Coeure will give speech at the annual dinner of the ECB's Bond Market Contact Group 1800 GMT. BRUSSELS- European Economic Area Council. FRANKFURT- European Central Bank governing council non-monetary policy meeting.

  • FRANKFURT- European Central Bank Executive Board Member Benoit Coeure will give speech at the annual dinner of the ECB's Bond Market Contact Group 1800 GMT. BRUSSELS- European Economic Area Council. FRANKFURT- European Central Bank governing council non-monetary policy meeting.

  • *Saudi, Russia support supply cut extension through Q1 2018. NEW YORK, May 15- Oil jumped 2 percent to its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC- led deal to support prices for longer than first agreed. Global benchmark Brent crude...

  • NEW YORK, May 15- Commodity-linked stocks and currencies got a lift on Monday from rising crude oil prices after major producers Saudi Arabia and Russia said they would extend oil supply cuts into 2018.. "It's more jawboning from OPEC, and I think in the end it's going to prove to be noise... so the rally is probably a little much," said Michael ORourke, chief market...

  • *Saudi, Russia support supply cut extension through Q1 2018. NEW YORK, May 15- Oil jumped more than 2 percent to its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC- led deal to support prices for longer than first agreed. Global benchmark Brent...

  • NEW YORK, May 15- Commodity-linked stocks and world currencies got a lift on Monday from a surge in crude oil prices after major producers Saudi Arabia and Russia said they would extend oil supply cuts into 2018.. The Organization of the Petroleum Exporting Countries meets in Vienna on May 25 to consider the extension. U.S. crude rose 2.72 percent to $49.14 per...

  • *Saudi, Russia support supply cut extension through Q1 2018. NEW YORK, May 15- Oil jumped more than 2 percent to its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC- led deal to support prices for longer than first agreed. Global benchmark Brent...

  • 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 and 11 non-member countries, including Russia. With a nine-month extension now the minimum expectation for the OPEC meeting, the group has a lot of work to do to persuade its members and some non- OPEC...

  • *Saudi, Russia support supply cut extension through Q1 2018. LONDON, May 15- Oil hit its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC- led deal to support prices for longer than first agreed. Global benchmark Brent crude was up $1.45 at $52.29 a...

  • *Saudi, Russia support supply cut extension through Q1 2018. LONDON, May 15- Oil hit its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC- led deal to support prices for longer than first agreed. Global benchmark Brent crude had risen $1.59 to...

  • 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 and 11 non-member countries, including Russia. With a nine-month extension now the minimum expectation for the OPEC meeting, the group has a lot of work to do to persuade its members and some non- OPEC...

  • *Saudi, Russia support supply cut extension through Q1 2018. LONDON, May 15- Oil hit a three-week high on Monday above $52 a barrel after top exporter Saudi Arabia and Russia said supply cuts needed to last into 2018, a step towards extending an OPEC- led deal to support prices for longer than originally agreed. Brent crude, the global benchmark, had risen $1.50 to...

  • *Saudi, Russia support supply cut extension through Q1 2018. LONDON, May 15- Oil hit a three-week high on Monday above $52 a barrel after top exporter Saudi Arabia and Russia said supply cuts needed to last into 2018, a step towards extending an OPEC- led deal to support prices for longer than originally agreed. Brent crude, the global benchmark, had risen $1.54 to...

  • *Saudi, Russia support supply cut extension through Q1 2018. *Saudi, Russia hope to involve more producers in cuts. LONDON, May 15- Oil rose more than 2 percent on Monday to $52 a barrel after top exporter Saudi Arabia and Russia said supply cuts needed to last into 2018, a step towards keeping an OPEC- led deal to support prices in place longer than originally agreed.

  • *Saudis, Russia to "do whatever it takes" to re-balance market. *Russia, Saudi Arabia are world's two biggest oil producers. SINGAPORE, May 15- Oil prices jumped 2 percent on Monday after the energy ministers of the world's two biggest producers Saudi Arabia and Russia jointly said that a crude production cut needed to be extended from the middle of this year until...