×

World Economy International Organizations

  • IMF SAYS EUROZONE GROWTH FORECASTS INCREASED 0.2 PERCENTAGE POINT TO 1.9 PCT FOR 2017, 0.1 PERCENTAGE POINT TO 1.7 PCT FOR 2018.

  • IMF SAYS CHINA GROWTH FORECASTS INCREASED 0.1 PERCENTAGE POINT TO 6.7 PCT FOR 2017, 0.2 PERCENTAGE POINT TO 6.4 PCT FOR 2018.

  • TOKYO, July 24- Oil prices were little changed on Monday following a steep fall in the previous session amid growing expectations that the joint OPEC and non- OPEC ministerial meeting later in the day would address rising production from Nigeria and Libya, two OPEC members exempted from the cuts. Six OPEC and non- OPEC ministers will meet on Monday in St Petersburg...

  • ST PETERSBURG, Russia, July 23- Key OPEC and non- OPEC oil nations will discuss the situation in producers including Libya and Nigeria at a meeting on Monday, Russian Energy Minister Alexander Novak told reporters on Sunday. Speculation has been swirling in oil markets that the meeting might ask Libya and Nigeria to join a production cutting deal from which they...

  • *OPEC July production to rise 145,000 bpd- Petro-Logistics. *OPEC, non- OPEC committee to discuss oil pact in Russia. NEW YORK, July 21- Oil prices slid on Friday, settling about 2.5 percent lower after a consultancy forecast a rise in OPEC production for July despite the group's pledge to curb output, reigniting concerns the global market will stay awash with crude.

  • *OPEC July production to rise 145,000 bpd- Petro-Logistics. *OPEC, non- OPEC committee to discuss oil pact in Russia. NEW YORK, July 21- Oil prices fell more than 2 percent on Friday after a consultant forecast a rise in OPEC production for July despite the group's pledge to curb output, reigniting concerns the global market will stay awash with crude.

  • *OPEC, non- OPEC committee to discuss oil pact in Russia. Petro-Logistics, which tracks OPEC supply forecasts, said OPEC crude production would rise by 145,000 barrels per day this month, taking the group's combined output above 33 million bpd. OPEC and some non- OPEC states, such as Russia, pledged to cut production by 1.8 million bpd between January this year and the...

  • LONDON, July 21- After a brief respite at the start of the year, the world's top oil and gas companies are set to double down on cost cutting as a recovery in crude prices after a three-year slump falters. Corporate hopes were raised by a deal between members of the Organization of Petroleum Exporting Countries and other non- OPEC producers to cut production, which...

  • LONDON/ DUBLIN, July 21- Bank of America on Friday became the first Wall Street lender to pick Dublin as its new base for its European Union operations as Britain prepares to leave the bloc. Frankfurt and Dublin are emerging as early winners for banks' post-Brexit operations. Wall Street's Citigroup Inc. and Morgan Stanley have both picked Frankfurt as bases for...

  • An OPEC- led production cut and a rebound in demand have helped increase oil prices, which are presently hovering around $50 per barrel. Encana has also benefited from downsizing its operations to focus on four core North American assets: the Montney and Duvernay in western Canada, and the Eagle Ford and Permian in the United States. Calgary- based Encana posted...

  • LONDON, July 21- There is a near one-in-three chance Britain and the European Union will have failed to ink a deal when the official divorce negotiation period draws to a close at the end of March 2019, a Reuters poll of economists found. There was little difference between UK- and non- UK based respondents but the range of forecasts was wide- from 5 to 75 percent.

  • *OPEC, non- OPEC committee to discuss oil pact in Russia. Petro-Logistics, which tracks OPEC supply forecasts, said OPEC crude production would rise by 145,000 barrels per day this month, taking the group's combined output above 33 million bpd. OPEC and some non- OPEC states, such as Russia, pledged to cut production by 1.8 million bpd between January this year and the...

  • LONDON, July 21- Bank of America has become the first Wall Street bank to pick Dublin to be its new base for its European Union operations as Britain prepares to leave the bloc, the firm said in a statement on Friday. International banks are planning to set up subsidiaries in the EU to ensure they can continue to serve clients if their London operations lose the...

  • Oil prices began to rise late last year after a two-year slump and are now hovering around $50 per barrel as an OPEC- led production cut and a rebound in demand slowly erode a global glut. Encana has benefited from downsizing its operations to focus on four core North American assets: the Montney and Duvernay in western Canada, and the Eagle Ford and Permian in the...

  • *OPEC July production to rise 145,000 bpd- Petro-Logistics. *OPEC, non- OPEC committee to discuss oil pact in Russia. Petro-Logistics, which tracks OPEC supply forecasts, said OPEC crude production would rise by 145,000 barrels per day this month, taking the group's combined output above 33 million bpd.

  • Encana has benefited from downsizing its operations to focus on four core North American assets: the Montney and Duvernay in western Canada, and the Eagle Ford and Permian in the United States. Oil prices began to rise late last year after a two-year slump, now hovering around $50 per barrel, as an OPEC- led production cut and rebounding demand slowly erode a global...

  • *OPEC members Iran and Kuwait in diplomatic row. Investors were also taking positions ahead of a meeting between OPEC and non- OPEC members in Russia on Monday at which they will discuss compliance with agreed production cuts and progress towards rebalancing an oversupplied market. OPEC members Iran and Kuwait are embroiled in a diplomatic spat that saw...

  • *IMF approves 1.6 billion euro Greek loan "in principle". LONDON, July 21- Euro zone government bonds were in demand on Friday as the cautious stance of policymakers cheered investors, while IMF support for a Greek bailout added to the general mood of goodwill towards the single currency bloc. The European Central Bank left its ultra-easy monetary policy...

  • *IMF approves 1.6 billion euro Greek loan "in principle". LONDON, July 21- Euro zone government bonds were in demand on Friday as the cautious stance of policymakers cheered investors, while IMF support for a Greek bailout added to the general mood of goodwill towards the single currency bloc. The European Central Bank left its ultra-easy monetary policy...

  • *Market anticipates no change from OPEC meet- Analyst. SINGAPORE, July 21- Oil prices edged up on Friday ahead of a key meeting of major oil producing nations next week, but Brent held below the $50 per barrel level that was briefly breached for the first time in six weeks in the previous session. International benchmark Brent crude futures were up 10 cents, or 0.2...