With world awash in crude, OPEC focuses on tougher compliance with its production targetsVIENNA — OPEC appeared poised to hold oil production quotas unchanged Wednesday, with its ministers voicing satisfaction with current global crude prices. France, Britain, Germany: Iran must engage in ‘meaningful negotiations’ on its atomic programVIENNA — Britain, France and Germany are urging Iran to engage in “meaningful negotiations” aimed at achieving a comprehensive diplomatic solution to the international standoff over its nuclear program. UN atomic watchdog begins debate about Iran’s disputed nuclear programVIENNA — The International Atomic Energy Agency’s 35-nation board of governors has begun discussing Iran’s disputed nuclear program. Kuwaiti oil minister says OPEC production target revision not needed nowVIENNA — Kuwait’s oil minister says OPEC’s markets monitoring committee will recommend the 12-member producer group keep its output targets unchanged when it meets Wednesday. NKorea celebrates anniversary with patriotic songs amid international calls to abandon nukesSEOUL, South Korea — North Korea, facing international pressure to abandon its nuclear program, marked the communist country’s 61st anniversary Wednesday with a vow to “mercilessly annihilate the U.S. imperialists” if they attack. Oil shoots above $71 as weak dollar, strong stocks boost commoditiesCrude prices settled above $71 a barrel Tuesday as a falling dollar pushed investors to seek out commodities such as oil and gold. Oil shoots above $70 as weak dollar, strong stocks boost commoditiesCrude prices shot above $70 a barrel Tuesday as a falling dollar pushed investors to seek out commodities such as oil and gold. Oil rises to above $70 in afternoon European trade on rising stocks, weaker dollarOil prices gained over $2 Tuesday, surging past $70 a barrel Tuesday on rising stock markets and investor interest in commodities as the U.S. dollar lost ground against other currencies. Oil rises to near $70 in afternoon European trade on rising stocks, weaker dollarOil prices rose to near $70 a barrel Tuesday, buoyed by rising stock markets and investor interest in commodities as the U.S. dollar lost ground against other currencies. OPEC meeting: Saudi oil minister says crude markets ‘in good shape,’ output cut seen unlikelyVIENNA — Saudi Arabia’s oil minister said Tuesday that crude markets were “in good shape,” boosting expectations OPEC will use its meeting this week to stress member compliance with output quotas — instead of cutting production. Banana’s blue glow attract monkeys, says studyVIENNA - Ripe bananas glow blue in ultraviolet light, possibly helping monkeys to spot choice fruit, Austrian researchers have found in a study. Iran veers toward possible toughening of sanctions amid ’stalemate’ with UN nuclear watchdogVIENNA — Iran veered closer toward the possibility of being slapped with tough new international sanctions Monday after its president refused to stop enriching uranium and the U.N. nuclear watchdog warned of a “stalemate” with the country. UN nuclear watchdog warns of ’stalemate’ with Iran over Tehran’s suspected nuclear programVIENNA — The U.N. nuclear watchdog is locked in a “stalemate” with Iran over the country’s suspect nuclear program, the agency’s chief said Monday, pressing Tehran to answer lingering questions about its atomic ambitions. UN nuclear watchdog: ‘Stalemate’ with Iran over suspected nuclear programVIENNA — The U.N. nuclear watchdog is locked in a “stalemate” with Iran over the country’s suspect nuclear program, the agency’s chief said Monday, pressing Tehran to answer lingering questions about its atomic ambitions. Largest Indian contemporary art exhibition opens in AustriaVIENNA - As the largest exhibition of contemporary Indian art to open in the Austrian capital in recent times, “Chalo! India” is certainly making visitors more and more curious about the South Asian giant. Iran, Syria to dominate meeting of UN nuclear agency’s 35-nation board of governorsVIENNA — The International Atomic Energy Agency meets Monday for talks that will likely center on the U.N. watchdog’s deadlocked nuclear probes of Iran and Syria. With oil prices settling in, OPEC not expected to cut crude outputVIENNA — With oil prices about where OPEC wants them and a modest economic upturn in the offing, the oil cartel isn’t likely to tighten the taps when its leaders meet this week in Vienna. Iran accuses US of “fabricated, baseless” nuclear allegations
Report: UN nuclear agency chief says threat posed by Iran is somewhat ‘hyped’VIENNA — The global threat posed by Iran’s suspect nuclear program is “hyped” because there’s no hard proof that Tehran has an ongoing effort to build an atomic weapon, the head of the U.N. nuclear agency asserts in a magazine interview. ElBaradei calls Iranian nuclear threat as ‘hyped’VIENNA - Outgoing International Atomic Energy Agency chief Mohamed ElBaradei has called the Iranian nuclear threat “hyped,” saying there is no proof of the Islamic republic soon having nuclear weapons. Michael Jackson’s brother Jermaine to unveil Vienna tribute lineup next weekVIENNA — It’s almost as mysterious as Michael Jackson’s moon walk. Oil below $71 in afternoon European trading on skepticism about economic recovery in U.SVIENNA — Oil prices fell to near $71 a barrel Monday as China’s stock market tumbled and commodities investors questioned whether the U.S. economy can recover strongly in the second half. Oil falls to near $71 in noon European trading on skepticism about economic recovery in U.SVIENNA — Oil prices fell to near $71 a barrel Monday as China’s stock market tumbled and commodities investors questioned whether the U.S. economy can recover strongly in the second half. UN nuclear agency urges Iran to clarify “possible military dimensions” to its nuclear programVIENNA — Iran is stonewalling the U.N. nuclear watchdog on “possible military dimensions” to its suspect nuclear program, officials said Friday, urging the regime to clarify the mysterious role of a foreign explosives expert and shed light on other issues. UN chief: World must ’seal the deal’ on climate change before key global summit in CopenhagenVIENNA — The U.N. chief is urging the world to “seal the deal” on climate change ahead of a major conference on global warming in December. UN chief: World must ’seize the day’ on climate change before key global summit in CopenhagenVIENNA — The U.N. chief is urging the world to “seize the day” on climate change ahead of a major conference on global warming set for December in Copenhagen. Iran gets support of nonaligned nations for banning attacks on nuclear installationsVIENNA — Iran, whose nuclear facilities are under threat of possible Israeli military strikes, has enlisted the support of more than 100 nonaligned nations in its push for a ban on such attacks, according to documents shared with The Associated Press. Diplomats: Iran’s output of enriched uranium stagnates, possibly due to lack of materialVIENNA — Iran’s output of enriched uranium is stagnating even as its production capacity increases, a sign that Tehran may be running out of the ore needed to make nuclear fuel, diplomats said Tuesday. Michael Jackson’s mother: Global tribute for King of Pop in Vienna is ‘a wonderful idea’VIENNA — The King of Pop’s mother said in a letter made public Monday that next month’s global tribute for Michael Jackson in Vienna is “a wonderful idea” and an event that her son would have loved. Oil trades above $74, spikes to year’s highest level on strong Chinese economic performanceVIENNA — Oil prices hit their highest level this year on Friday as traders looked past a mixed batch of U.S. economic data to focus on a strong rise in China’s bellwether stock index. |