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UPDATE 3-OPEC, non-OPEC agree first global oil pact since 2001

* Move seen helping to ease glut, lift prices to $60/barrel (Updates with decision, details)

8:45pm IST

Non-OPEC to cut oil output by 562,000 bpd as part of global deal

VIENNA, Dec 10 Non-OPEC oil producers agreed on Saturday to reduce their output by a combined 562,000 barrels per day as part of a global deal with the Organization of the Petroleum Exporting Countries, two OPEC sources told Reuters. (Reporting by Alex Lawler and Rania El Gamal; Editing by Dale Hudson)

8:16pm IST

Egypt denies rift with Saudi, drift toward Iran

MANAMA, Dec 10 Egypt's Foreign Minister Sameh Shukri on Saturday hailed a "special relationship" with Saudi Arabia, denying reports that the two powerful Arab nations had fallen out after Egypt expressed support for the Russian intervention in Syria.

2:42pm IST

UPDATE 1-Syrian army rushes forces to historic Palmyra in IS battle

BEIRUT, Dec 10 The Syrian army said it has sent reinforcements to Palmyra, where Islamic State fighters have advanced to its outskirts in some of the heaviest fighting since the group lost the historic city earlier this year.

2:39pm IST

OPEC SecGen sees "historic" deal with non-OPEC on Saturday

VIENNA, Dec 10 OPEC Secretary-General Mohammed Barkindo said he saw a total of 12 non-OPEC countries signing a declaration with OPEC to help curtail oil output and prop up prices in the first such move since 2001.

12:43pm IST
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