LONDON, Jan 17- Oil traders seem increasingly convinced OPEC's prompt action in cutting production will be enough to offset the impact of rising shale production and slowing global growth. Saudi Arabia and its OPEC and non- OPEC allies have implemented substantial reductions in production and exports during December and the first part of January.
LONDON, Jan 17- Oil traders seem increasingly convinced OPEC's prompt action in cutting production will be enough to offset the impact of rising shale production and slowing global growth. Saudi Arabia and its OPEC and non- OPEC allies have implemented substantial reductions in production and exports during December and the first part of January.
*Sudan cut off from IMF funding. KHARTOUM, Jan 17- Sudan must implement radical reforms or seek a bailout from friendly nations to pull its economy out of the downward spiral that helped trigger the nationwide protests now rocking the country, economists and bankers say. Attempts to raise bread and fuel prices to reduce the cost of subsidies sparked protests that...
Jan 17- Facebook Inc said on Thursday it had removed hundreds of Russia- initiated accounts, which it judged to be involved in coordinated inauthentic behavior on its platforms, including some linked to state-owned news agency Sputnik. Facebook's head of cybersecurity policy, Nathaniel Gleicher, said in a blog post https://bit.ly/2W1h9LR it had unearthed...
OPEC slashed production in December, delivering a bullish signal to the market one month before the producer group officially began a fresh round of output cuts.
Facebook's head of cybersecurity policy, Nathaniel Gleicher, said in a blog post it had unearthed two separate operations which originated in Russia, with one active in multiple countries across eastern Europe and the other specific to Ukraine. https://bit.ly/2W1h9LR. The company also said that based on a tip from U.S. law enforcement, it had separately...
WASHINGTON, Jan 16- A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd, ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws. At that time, Washington had announced an indictment against Chinese chipmaker...
WASHINGTON, Jan 16- A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd, ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws. Senator Tom Cotton and Representative Mike Gallagher, both Republicans, along...
MUMBAI, Jan 16- India's soymeal sales to Iran are set to spike as the oil producer uses the rupees it receives for its crude exports to cover its animal feed demand amid U.S. sanctions that have crimped the country's ability to import necessities. Iran has agreed to sell crude oil to India, the world's third-largest oil consumer, in exchange for rupees after...
Meng Wanzhou, Huawei's chief financial officer, was detained in Canada last month at the request of U.S. authorities who allege she misled banks about the company's control of a firm operating in Iran. Beijing and Ottawa have been at odds since Meng's arrest, which China's foreign ministry on Tuesday called an abuse of legal procedures. Huawei, the world's...
Iran's bid to launch a satellite has failed, Telecoms Minister Mohammad Javad Azari-Jahromi said on Tuesday, after it ignored U.S. warnings to avoid such activity.
*S.Korea' s Iran oil imports stay at zero for a fourth month. *Iran oil imports in 2018 fall 60.4 pct to 7.15 mln tonnes. *S.Korea to buy abt 2 mln bbls Iran condensate in Jan- source.
SEOUL, Jan 15- South Korea did not import crude oil from Iran in December, compared with 1.1 million tonnes imported a year ago, preliminary data from Korea Customs Service showed on Tuesday. Final data for South Korea's crude oil imports last month will be published by state-run Korea National Oil Corp later the month. The KNOC data is considered the industry...
SOUTH KOREA IMPORTS 0 T OF IRAN CRUDE IN DECEMBER VS 1.1 MLN T YR AGO- CUSTOMS.
SINGAPORE, Jan 14- Asia's naphtha crack extended gains to reach a 1-1/ 2 week high of $44.68 a tonne on Monday while the gasoline crack returned to the positive territory of 19 cents a barrel for the first time in nearly a week, supported by weaker feedstock crude oil prices.- Naphtha trades were mostly muted following a string of purchases last week, mostly for...
The Trump Administration should be given "no more than a C plus" for how it has addressed conflict in the Middle East, according to former U.S. National Security Advisor James Jones.
*Military cargo plane was en route from Bishkek. "A Boeing cargo 707 place carrying meat from Bishkek in Kyrgyzstan had an emergency landing at Fath airport today... the flight engineer has been dispatched to the hospital," the army said. Earlier on Monday, a spokesman for Iran's civil aviation told had told state TV that the plane belonged to Kyrgyzstan, while a...
A spokesman for Iran's civil aviation told state TV that the plane belonged to Kyrgyzstan. A spokeswoman for Kyrgyzstan's Manas airport said the plane, en route from Kyrgyzstan's Manas airport, belonged to Iran's Payam Air. "We don't have clear information about the details of the crash," said the head of Iran's emergency department, Pirhossein Kolivand.
DUBAI, Jan 14- A Boeing 707 cargo plane with nine people on board crashed on Monday near Iran's Fath airport, west of the capital, Tehran, the semi-official Fars news agency reported, adding that there was no immediate information on casualties. "We don't have clear information about the details of the crash," said the head of Iran's emergency department, Pirhossein...
DOHA, Jan 13- Qatar Investment Authority aims to raise investments in the United States to $45 billion in the next two years as it rebalances its portfolio of assets away from Europe, its chief executive said on Sunday. Mahmoud's predecessor Sheikh Abdullah bin Mohamed bin Saud al-Thani in 2015 committed to invest $45 billion in the U.S. over a five-year period.
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