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World Economy International Organizations

  • *MSCI to add China' A' shares to its emerging markets benchmark. Oil fell about 2 percent, with Brent settling at seven-month lows and U.S. crude at its cheapest since September, after increased supply from several key producers overshadowed high compliance by OPEC and non- OPEC oil producers with a deal to cut global output. "People really thought $45 to $55 was kind...

  • OPEC supply jumps in May as Libya, Nigeria output recovers. *OPEC, non- OPEC compliance with cuts hits highest in May- source. NEW YORK, June 20- Oil fell about 2 percent on Tuesday, with Brent settling at seven-month lows and U.S. crude at its cheapest level since September, after increased supply from several key producers overshadowed high compliance by OPEC and non-...

  • Oil prices fell about 2 percent after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other producers to support the market through reduced output. "People really thought $45 to $55 was kind of the range of oil, but it is getting weaker and weaker and U.S. producers are getting more and more efficient," said Ken...

  • Oil fell about 2 percent, with Brent settling at seven-month lows and U.S. crude at its cheapest since September, after increased supply from several key producers overshadowed high compliance by OPEC and non- OPEC oil producers with a deal to cut global output. That slide weighed down energy stocks on Wall Street and in Europe. "People really thought $45 to $55 was...

  • GARDEN CITY, Ga., June 20- The United States, Canada and Mexico have "relatively few" differences on agricultural trade, the three countries' agriculture ministers said after meeting on Tuesday to discuss the renegotiation of the North American Free Trade Agreement. Secretary of Agriculture Sonny Perdue told a joint news conference at the Port of Savannah,...

  • OPEC supply jumps in May as Libya, Nigeria output recovers. *OPEC, non- OPEC compliance with cuts hits highest in May- source. NEW YORK, June 20- Oil fell about 2 percent on Tuesday, with Brent settling at seven-month lows and U.S. crude at its cheapest since September, after increased supply from several key producers overshadowed high compliance by OPEC and non- OPEC...

  • June 20- U.S. stocks fell from record levels on Tuesday as a sharp drop in oil prices hurt energy stocks and some investors were wary of a congressional election in Georgia. Oil prices nosedived to seven-month lows after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other producers to support the market...

  • GARDEN CITY, Ga., June 20- The United States, Canada and Mexico have "relatively few" differences on agricultural trade, agriculture ministers from the three countries said in a joint statement after meeting on Tuesday to discuss the renegotiation of the North American Free Trade Agreement. Secretary of Agriculture Sonny Perdue said at a joint news conference at...

  • Oil prices fell nearly 3 percent to seven-month lows after supply hikes by several key producers overshadowed compliance by OPEC and non- OPEC oil producers on a deal to cut global output. That slide weighed down energy stocks on Wall Street and in Europe. "Obviously you go back to the first part of 2016 when oil made a deep dip it dragged a lot of other things with it,"...

  • *OPEC supply jumps in May as Libya, Nigeria output recovers. *OPEC, non- OPEC compliance with cuts hits highest in May- source. NEW YORK, June 20- Oil prices fell nearly 3 percent to seven-month lows on Tuesday after increases in supply by several key producers overshadowed high compliance by OPEC and non- OPEC oil producers with a deal to cut global output amid a...

  • June 20- U.S. stocks extended their losses in early afternoon trading on Tuesday, slipping from record levels, as a sharp drop in oil prices squeezed energy stocks and a rebound in technology shares faded out. Oil prices nosedived to seven-month lows after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other...

  • June 20- Agriculture ministers from the United States, Canada and Mexico expressed a mutual commitment to open and transparent trade after meeting in Savannah, Georgia, on Tuesday to discuss the renegotiation of the North American Free Trade Agreement. It was the first trilateral meeting between U.S. Agriculture Secretary Sonny Perdue, Canada's minister of...

  • LONDON, June 20- OPEC and non- OPEC oil producers' compliance with a deal to cut global output has reached its highest in May since they agreed on the curbs last year, reaching 106 percent last month, a source familiar with the matter said on Tuesday. OPEC compliance with the output curbs in May was 108 percent, while non- OPEC compliance was 100 percent, the source said.

  • SAO PAULO, June 20- Latin American currencies and stocks dropped on Tuesday as falling prices of commodities from crude oil to iron ore curbed demand for assets from exporters of basic products. News of increased supply by several key oil producers hammered crude futures to a seven-month low, extending a trend that has undermined attempts by OPEC and others to...

  • June 20- U.S. stocks fell in late morning trading on Tuesday, slipping from record levels, as a sharp drop in oil prices squeezed energy stocks and a rebound in tech stocks petered out. Oil prices nosedived to seven-month lows after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other producers to support the...

  • FRANKFURT, June 20- Forcing euro clearing out of London and into the European Union may be justified if the terms of Britain's departure from the EU do not adequately control risks, European Central Bank Executive Board Member Benoit Coeure said on Tuesday. A European Commission draft law would give Brussels the power to deny recognition to a clearing house if...

  • Oil prices dropped after news of increases in supply by several key producers, a trend which has undermined attempts by OPEC and other producers to support the market through reduced output. Chicago Fed President Charles Evans said it may be worthwhile for the U.S. central bank to wait until year-end to decide whether to raise rates again.

  • *OPEC supply jumps in May as Libya, Nigeria output recovers. LONDON, June 20- Oil prices fell to seven-month lows on Tuesday after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and others to support the market through reduced output. Benchmark Brent dropped $1.29 to a low of $45.62 a barrel, its weakest since Nov. 15,...

  • *Germany's DAX hits fresh record high. Germany's DAX hit a fresh record high on Tuesday, bolstered by another day of gains for tech and retail sectors. "What we are starting to see is the enthusiasm in the oil price that was bred by the OPEC cuts... diminish, and as that diminishes, people are once more paying attention the fundamentals and the heavy oversupply that we're...

  • Oil prices dropped after news of increases in supply by several key producers, a trend which has undermined attempts by OPEC and other producers to support the market through reduced output. Chicago Fed President Charles Evans said it may be worthwhile for the U.S. central bank to wait until year-end to decide whether to raise rates again.