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International Organizations OPEC

  • *Russia may lift output- Russian deputy PM tells Interfax. The figures are a precursor to data from the U.S. Department of Energy's Energy Information Administration. Brent is down about 5 percent since early December, when the Organization of the Petroleum Exporting Countries and Russia agreed to cut output by 1.8 million barrels per day in the first half of the...

  • U.S. government debt prices were lower on Tuesday as investors digest fresh economic data.

  • Oil prices edged up in choppy trade on Tuesday as analysts anticipated a drop in U.S. crude inventories.

  • *Russia says its oil output could hit a 30- year high. Brent is down about 5 percent since early December, when the Organization of the Petroleum Exporting Countries and Russia agreed to cut output by 1.8 million barrels per day in the first half of the year. With oil supplies still around record highs, Stephen Schork of the Schork report said on Tuesday that " OPEC has...

  • Brent has fallen by almost 10 percent since late 2016, despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut output by 1.8 million barrels per day in the first half of 2017.. With oil supplies still around record highs, Stephen Schork of the Schork report said on Tuesday that " OPEC has failed miserably in its endeavor to...

  • U.S. stock index futures pointed to a higher open on Tuesday as several large-cap companies reported better-than-expected quarterly results.

  • Brent is down 10 percent since late 2016, despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut output by 1.8 million barrels per day in the first half of 2017.. With oil supplies still around record highs, Stephen Schork of the Schork report said on Tuesday that " OPEC has failed miserably in its endeavor to balance the oil...

  • Brent is down 10 percent since late 2016, despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut output by 1.8 million barrels per day in the first half of 2017.. Given that oil supplies remain at record highs, Stephen Schork of the Schork report said on Tuesday that " OPEC has failed miserably in its endeavor to balance the...

  • SINGAPORE, April 25- Is it yet time to call the crude oil output cuts by OPEC and its allies a failure? Certainly there is an increasing disconnect between the rhetoric of OPEC and other producers cutting output on the one hand and the reality of a well-supplied crude oil market and mixed signals on the level of global inventories on the other.

  • West Texas Intermediate crude futures had added 14 cents, or 0.3 percent, by 0640 GMT, but remained below the $50 mark pierced late last week, at $49.37 a barrel. Despite Tuesdays increases, market sentiment has turned bearish, with Brent down 10 percent since late 2016 despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut...

  • *Asia ex- Japan, Nikkei post gains as market euphoria persists. *Oil up but limited by worries OPEC won't extend production curbs. European stocks also look set for a strong start, with financial spreadbetter CMC Markets expecting Britain's FTSE 100 to open up 0.2 percent and Germany's DAX to start the day 0.3 percent higher.

  • *Asia ex- Japan, Nikkei post gains as market euphoria persists. *Oil up but limited by worries OPEC won't extend production curbs. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.35 percent to its highest level in more than three weeks, marking four straight days of gains.

  • West Texas Intermediate crude futures added 24 cents, or 0.5 percent, by 0305 GMT, but remained below the $50 mark pierced late last week, at $49.47 a barrel. Despite Tuesdays increases, market sentiment has turned bearish, with Brent down 10 percent since late 2016 despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut...

  • *Russia indicates it can lift oil output if OPEC curbs lapse. NEW YORK, April 24- Oil prices slipped nearly 1 percent on Monday, extending last week's decline, on lack of confirmation that OPEC will extend output cuts until the end of 2017 and as Russia indicated it can lift output if the deal on curbs lapses. Russian oil output could climb to its highest rate in 30 years...

  • A customer prepares to pump gasoline at an Arco gas station in Mill Valley, Calif.

    Weak demand within the energy complex could bubble up to the crude oil market, analysts say.

  • Bond traders at CME Group

    U.S. government debt prices were lower on Monday as investors digested the results from the first round of the French election.

  • Vessels pass an oil refinery in the waters off the southern coast of Singapore.

    Oil gave up gains on Monday as a rise in U.S. drilling countered expectations that OPEC will extend output cuts until the end of 2017.

  • Saudi Arabia's Mohammed bin Salman.

    RBC Capital Markets Global Head of Commodity Strategy Helima Croft discusses the price impact of the OPEC production cut and whether the cartel will extend it beyond the original end date.

  • *Russia indicates it can lift oil output if OPEC curbs lapse. NEW YORK, April 24- Oil prices slipped nearly 1 percent on Monday, extending last week's decline, on lack of confirmation that OPEC will extend output cuts till the end of 2017 and as Russia indicated it can lift output if the deal on curbs lapses. Russian oil output could climb to its highest rate in 30 years...

  • *Russia indicates it can lift oil output if OPEC curbs lapse. NEW YORK, April 24- Oil prices slipped about 1 percent on Monday, extending last week's decline, on lack of confirmation that OPEC will extend output cuts till the end of 2017 and as Russia indicated it can lift output if the deal on curbs lapses. Russian oil output could climb to its highest rate in 30 years if...