*Canadian dollar at C $1.2479, or 80.13 U.S. cents. TORONTO, Oct 19- The Canadian dollar slipped against the U.S. dollar on Thursday, retreating from a near one-week high earlier in the day, as oil prices fell and the rally in global stocks paused. "We still think the Bank of Canada goes in December again, and we're not anywhere fully priced for that, so there's probably more...
CIA Director Mike Pompeo on Thursday said the Trump administration can make it harder for Iran to meddle in regional affairs.
CNBC's Jackie DeAngelis reports on what's next for oil as it snaps its winning streak.
*OPEC expected to extend supply cuts through next year. LONDON, Oct 19- Oil prices slipped on Thursday but held on to most recent gains, supported by OPEC- led supply cuts, tension in the Middle East and lower U.S. production. Brent crude fell by $1.13 a barrel to a low of $57.02 before recovering a little to $57.30 by 1345 GMT.
The U.S. has taken a great leap ahead toward energy independence, the goal of every American president since the 1970s.
*OPEC expected to extend supply cuts through next year. LONDON, Oct 19- Oil prices slipped on Thursday but held onto most recent gains, supported by OPEC- led supply cuts, tension in the Middle East and lower U.S. production. Brent crude fell $1.02 a barrel to a low of $57.13 before recovering a little to $57.20 by 1230 GMT.
LONDON, Oct 19- Oil producers are working to build consensus on extending their deal to reduce supplies, OPEC's secretary general said on Thursday, with the potential for continuation throughout 2018 forming a basis for talks. The Organization of the Petroleum Exporting Countries, plus Russia and nine other producers, are cutting oil output by about 1.8...
Mohammad Barkindo said Thursday that oil markets are rebalancing at "an accelerating rate" and that he foresaw "no peak" for oil demand.
Fereidun Fesharaki chairman, FGE, says the differential that favors U.S. crude exports to Asia for now is precariously linked to Saudi policies.
Oil prices slipped on Thursday but held onto most of their recent gains, supported by OPEC-led output cuts and geopolitical conflicts.
*Kirkuk- Ceyhan pipeline oil flow falls to 225,000 bpd- source. *Iraq crisis, U.S.- Iran tensions raise supply concerns. Brent crude futures settled up 27 cents to $58.15 a barrel, off the three-week high of $58.54 a barrel hit earlier on worries about ongoing tensions around oil-rich Iraq and Iran.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
*Kirkuk- Ceyhan pipeline oil flow falls to 225,000 bpd- source. *Iraq crisis, U.S.- Iran tensions raise supply concerns. The global benchmark hits its highest in three weeks earlier in the session at $58.54 a barrel because of ongoing tensions around oil-rich Iraq and Iran, which raised risk premiums.
Energy data shows a slowdown in rig productivity and drilling time improvements levelling off, Financial Times reports.
Oct 18- U.S. crude oil inventories slumped last week as production fell sharply after Hurricane Nate hit the Gulf of Mexico, while refining rates were down sharply as autumn maintenance season ramped up, the Energy Information Administration said on Wednesday. "The recent hurricanes- Harvey, Irma, and Nate- continue to have an outsized impact on the U.S. energy...
LONDON, Oct 18- The U.S. shale industry will see another wave of investment as producers are betting strongly against a fall in oil prices, the chief executive of Total said on Wednesday. Ian Taylor, chief executive of Vitol, the world's largest oil trader, echoed that view at the conference on Wednesday, saying he sees Brent crude falling to $45 a barrel in the next...
*Kirkuk- Ceyhan pipeline oil flow falls to 225,000 bpd- source. *Iraq crisis, U.S.- Iran tensions trigger crude risk premium. AMSTERDAM, Oct 18- Brent oil prices rose to a three-week high on Wednesday as weekly U.S. crude inventories are expected to have fallen steeply and geopolitical tensions around oil-rich Iraq and Iran raised risk premiums.
Crude flows from Iraq to Turkey fell by two-thirds after Iraqi forces seized Kurdish-held oil fields, Platts reported.
OPEC members are forming a consensus around extending their production cutting deal by nine months, Reuters reported.
*OPEC- led supply deal to expire in March 2018. DUBAI/ LONDON, Oct 18- OPEC is leaning towards extending a deal with Russia and other non-members to cut oil supply for a further nine months, four OPEC sources said, although stronger-than-expected demand growth may allow the group to delay a decision until early next year. After slow initial progress, OPEC is more...