By Laura Sanicola (Reuters) -Oil prices settled up by over $2 per barrel on Wednesday on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery. Capping gains, the OPEC+[...]
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Middle East
OPEC oil output drops in November after cut pledged -survey
By Alex Lawler LONDON (Reuters) – OPEC oil output has fallen in November, led by top exporter Saudi Arabia and other Gulf members, after the wider OPEC+ alliance pledged steep output cuts to sup[...]
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Venezuelan oil exports flow using false documents, ships linked to Iran
By Marianna Parraga and Jonathan Saul HOUSTON/LONDON (Reuters) – When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates for its[...]
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OPEC+ switch to virtual meeting signals policy roll-over ahead of Russian oil price cap – sources
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar DUBAI/LONDON (Reuters) – The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, sources told Reuter[...]
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UBS not seeking to benefit from crisis at Credit Suisse- chair
ZURICH (Reuters) -UBS is not actively benefiting from the crisis at rival Credit Suisse, UBS Chairman Colm Kelleher told a Financial Times banking conference on Wednesday. Credit Suisse has reported s[...]
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Ukrainian grain exports via Poland rise by 50%, minister says
WARSAW (Reuters) – Around 450,000 tonnes of Ukrainian grain are being transported via Poland monthly, over 50% more than in the middle of the year, Poland’s infrastructure minister said on[...]
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Hong Kong sees IPO slowdown reversing; eyes international issuers
By Sumeet Chatterjee HONG KONG (Reuters) – Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors from market[...]
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Cryptoverse: Messi takes on Ronaldo in fan coin world cup
By Medha Singh and Lisa Pauline Mattackal (Reuters) – The market for fan tokens, a volatile cocktail of crypto and sport, is heating up in the desert of Qatar. Interest in this niche breed of cr[...]
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Oil up on China COVID hopes, but OPEC+ output concerns offset gains
By Laila Kearney NEW YORK (Reuters) -Oil rose on Tuesday on expectations for a loosening of China’s strict COVID-19 controls, but concerns that OPEC+ would keep its output unchanged at its upcom[...]
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