MARKETS

Khalid Al-Falih also said he was not concerned about US shale production and described it as necessary.

The Shanghai Composite surged by 1.34% despite China's recent downgrade by Moody's.

The S&P 500 posted a record close at 2,404.39.

Most crude producers want production cuts to be extended for 6 to 9 months but Kuwait wants more.

An influential oil producers' committee has proposed rolling over ongoing output cuts.

The High Court has adjourned the RBS case for a month to allow further talks between the bank and its shareholders.

Federal Reserve will release minutes of its latest meeting tonight.

Ineos is buying yet another North Sea oil and gas business to continue its operational expansion in the region.

The Nikkei surged by 0.66% while the Hang Seng and Shanghai Composite registered minor downturns.

Tuesday's gains come less than a week after US stocks posted their worst daily decline in months.

The discussion got heated over recent SegWit deployment by Litecoin.

Disgraced former RBS boss Fred Goodwin looks like avoiding giving his account of the bank's near-collapse.

Drowning in worth bitcoins, Laszlo Hanyecz gave away 10,000 for two pizzas – they are now worth $20m.

Sterling falls against dollar and euro as public sector borrowing widens more than expected.

The Nikkei and Sensex dropped sharply by 0.42% and 0.61% respectively.

Precious metals rose for much of the European session fuelled by volatility in currency markets and political uncertainty.

Pound climbs back above $1.30 after losing half a cent against the dollar as Tories' lead narrows.

The Footsie opened the week higher making gains after surprise sharp falls late last week.

The Japanese have given bitcoin the green light as a currency.

The Hang Seng and S&P/ASX registered the day's strongest gains of 0.94% and 0.76%, respectively

Switching focus from consumer to producer prices when charting the UK economy's path in uncertain climes is worthwhile.

Brent, WTI futures jump as market prices in fresh output cuts by major oil exporters.

Shares in Just Eat gain ground despite competition probe over its latest takeover.

Sterling remains above $1.30 for only the second time since September 2016 as dollar struggles.

US President Donald Trump's dismissal of FBI head James Comey and the Iranian elections weighed on investor sentiments.

Latest economic data helped prop up the market from yesterday's worst daily slump since September.

Brent, WTI futures ticked higher as the market soaked in near-certainty of fresh output cuts by major oil exporters.

Uptick in yellow metal's price and cryptocurrency's rise have started daft comparisons.

London market tumbles after hitting an all-time high earlier this week.