Growth rises sharply in world’s largest economy; carmakers announce Europe-wide network of electric charging stations; Saudi-Iran rivalries could scuttle tentative OPEC deal
The cartel has been flooding the world market with cheap oil, apparently in a bid to put shale oil producers out of business.
Brent crude rose above $50 a barrel to its highest price level since August on Monday
Quite why Sir Alan Duncan, Foreign Office Minister of State for Europe, should find it necessary to visit Bahrain in the last few days remains something of mystery
Brent crude oil prices rose above $51 a barrel on Friday
The IEA forecast for 2017 was cut by 100,000 barrels from last month following a revision to the global economic outlook by the International Monetary Fund after Britain voted to leave the EU
Supply disruptions and falling US output have helped cut a global surplus, sparking a rally of more than 85%
Oil extends slide as members decide against production ceiling
Prince Mohammed bin Salman says reform programme will raise an extra $100bn (£70bn) in revenues a year by 2020
A delegate made the announcement ahead of the next meeting of the Organisation of Petroleum Exporting Countries on April 17
Production freeze proposal falls flat but analysts hail potential significance
Many countries are already pumping at maximum capacity
The price of Brent crude oil dropped to a seven year low
The financial stability of Russia is at stake if the price of oil falls below $30 a barrel
Iraq, Iran, Oman, Algeria, Saudi Arabia, Bahrain, Libya and Yemen could run out of cash in five years or less
GCHQ uses doctored websites including those from the business network LinkedIn to secretly install surveillance software on the computers of unwitting target companies and individuals it wants to spy on, the German news magazine Der Spiegel has reported.