Oil & gas
Oil surges as Opec, non-Opec producers agree on output cuts
01 Dec 2016
In the first joint output cut with Russia since 2001, and the first Opec cutback after 2008, Saudi Arabia, Iraq, UAE, and Kuwait have agreed to take the largest production cuts
CIA chief warns Trump against tearing up Iran deal
01 Dec 2016
Trump’s threat to tear up the nuclear deal with Iran would be ‘the height of folly’, outgoing CIA chief John Brennan has said, and also warned the president-elect against cosying up to Vladimir Putin or authorising torture
Oil zooms above $50 a barrel on hopes of output deal
30 Nov 2016
The price rise results from a possible agreement by Russia to join an output cut; but a failure to reach an agreement could push oil below $25 a barrel, say analysts
