Correspondent, London
Jack's Feed
Nov 27, 2014

Oil at four-year low as OPEC production cut seen unlikely

LONDON (Reuters) – Brent crude oil fell $2 to a four-year low under $76 a barrel as traders speculated that OPEC was unlikely to cut output to support prices at its Thursday meeting.

Gulf producers Saudi Arabia, Kuwait, Qatar and the United Arab Emirates said they had reached a consensus on oil output policies. Sources said those countries agreed not to press ahead with output cuts.

Nov 27, 2014

Oil falls $2 to 4-year low as OPEC production cut seen unlikely

LONDON, Nov 27 (Reuters) – Brent crude oil fell $2 to a
four-year low under $76 a barrel as traders speculated that
OPEC was unlikely to cut output to support prices at its
Thursday meeting.

Gulf producers Saudi Arabia, Kuwait, Qatar and the United
Arab Emirates said they had reached a consensus on oil output
policies. Sources said those countries agreed not to press ahead
with output cuts.

Nov 26, 2014

Oil slips towards $78 as market doubts OPEC cut

LONDON, Nov 26 (Reuters) – Brent crude oil fell towards $78
a barrel on Wednesday after Saudi Arabia’s oil minister said the
oil market “will stabilise itself eventually”, ahead of a key
OPEC meeting to discuss production in response to falling oil
prices.

Traders understood the comment by Saudi Arabian Oil Minister
Ali al-Naimi to mean the cartel would not cut output when oil
ministers from the Organization of the Petroleum Exporting
Countries (OPEC) meet on Thursday in Vienna.

Nov 25, 2014

Oil steady below $80 ahead of OPEC output decision

LONDON, Nov 25 (Reuters) – Brent crude oil prices steadied
under $80 a barrel on Tuesday ahead of a key meeting of OPEC oil
producers to decide on oil production levels for next year.

Ministers from the Organization of the Petroleum Exporting
Countries were gathering in Vienna for a meeting on Thursday to
agree how to respond to a collapse in oil prices, which have
fallen by almost a third since June.

Nov 24, 2014

Oil steadies around $80 as Iran deadline extended

LONDON (Reuters) – Brent crude oil stabilised around $80 a barrel on Monday as world powers extended talks with Iran over its nuclear programme, maintaining sanctions and preventing an immediate increase in Iranian oil supply to world markets.

The decision came ahead of a key meeting of OPEC to discuss production in response to a collapse in oil prices.

Nov 24, 2014

Oil steadies around $80 as Iran deadline looms

LONDON, Nov 24 (Reuters) – Brent crude oil stabilised around
$80 a barrel on Monday as world powers met in Vienna for the
final day of talks on Iran’s nuclear programme ahead of a key
meeting of producer group OPEC to discuss production.

The Organization of the Petroleum Exporting Countries is
considering how to respond to a collapse in oil prices and may
decide to cut its output target when it meets on Nov.27.

Sep 9, 2014

Rehabilitation of WW1 veterans rekindles old conflicts in Ireland

DUBLIN (Reuters) – Defaced and deserted for decades, Dublin’s World War One memorial garden now marks the rehabilitation of at least 200,000 Irishmen who fought for Britain a century ago – a transformation that angers some.

The dispute has come to a head as Ireland starts to celebrate some seminal centenaries, from the call by moderate nationalists to fight in the war in September 1914 to the anti-British uprising two years later.

Sep 2, 2014

Child abuse revelations divide ‘most shameful town in Britain’

ROTHERHAM England (Reuters) – Swapping cigarettes and chewing gum, the teenage girls outside Rotherham’s Centenary Indoor Market are not engrossed in the conversations students should be having on the first day of term.

    Instead of timetables and summer gossip, theirs is a new school year dominated by revelations that as many as 1,400 children in this northern English town were sexually abused by gangs of predominantly Asian men over a 16-year period.

Aug 8, 2014

Oil gains $1 on plans for U.S. air strikes in Iraq

LONDON, Aug 8 (Reuters) – Brent crude oil rose by more than
$1 towards $107 on Friday after the United States approved air
strikes against Islamist militants in Iraq, raising concerns
over the security of oil supplies from OPEC’s second largest
producer.

President Barack Obama said he had authorized limited use of
American air power on advancing Islamic State fighters in
northern Iraq but had no intention of getting dragged into war
there.

Aug 7, 2014

Oil falls towards $104 on supply, sanctions growth impact worry

LONDON, Aug 7 (Reuters) – Brent crude oil fell towards $104
a barrel on Thursday as ample supply in global markets was
compounded by worries over the impact of trade sanctions on
global economic growth.

Russia announced a full list of U.S. and EU food imports to
be banned in retaliation against Western sanctions over its
support for rebels in Ukraine.