COMMODITIES

Brent, WTI rally comes to an end after survey reveals Opec pumped 34.16m bpd in November.

Neither Opec nor US shale producers could land a winning blow in the fight for oil market dominance.

US services sector activity hitting a one-year high in November also helped boost investor confidence.

Brent caps $55 per barrel mark for first time in 16 months on Opec's decision to reduce its 2017 output.

Brent, WTI extend positions above $50 as market awaits Opec-Russia talks.

The bearish trend in the stock markets also follows a decline in oil prices.

Co-owners of this project include BHP Billiton and Union Oil Company of California, an affiliate of Chevron.

Brent touches $54 per barrel as Opec announces it would cut production by 1.2m barrels per day

On Wednesday, Opec agreed to cut oil production by 1.2 million barrels per day.

Brent, WTI trade higher following agreement in Vienna to cut Opec production in conjunction with Russia

Suhail Al Mazroui tells IBTimes UK that Opec was working 'overtime' towards an oil market solution.

Most analysts said they expect some form of deal to emerge from the Opec meeting.

Fears of oil sliding to $40 escalate as preliminary Opec talks yield little, while Russians pull out of talks.

Kremlin decides against talks with Opec while cartel's internal meeting of experts ends without concrete plans for an oil production cut

Opec seeks solutions as ministers' meeting nears with oil benchmarks well below $50 per barrel

Brent, WTI see heavy short selling ahead of Opec meeting as market mulls possible oil production cut.

The uptick in Asia is expected to only last until US markets reopen after the holidays.

Kremlin's offer falls short of a coordinated crude production cut ahead of Opec meeting.

Crude prices edge close to $50 a barrel as investors grow confident Opec curb production next week.

Yellen said Donald Trump's victory in the American presidential election had not changed the Fed's plans on interest rates.

Crude prices recover after falling on the back of disappointing inventories data from the US.

Markets are said to be awaiting US Fed Janet Yellen's congressional testimony, which is due later in the day.

Crude oil surged 6% on Tuesday amid renewed hopes that the Opec nations would cut crude production.

The implied probability of a December rate hike has surged to 92%, according to an analyst from CMC.

Opec will meet at end of the month to discuss a deal aimed at curbing production in oversupplied oil market.

Japan said its third-quarter GDP had grown 2.2% on-year in the three months ended September.

Analysts expect oil markets to benefit from Donald Trump's presidency, as Opec struggles to cut production.

Oil traders warn that a win for Trump would be bad for world trade.

At least five major polls on Monday showed Hillary Clinton to still have a lead over Donald Trump.