OPEC

Decision by several Saudi-led Middle Eastern nations to sever ties with Qatar would have far reaching implications from flights to football.

Lower demand and technical correction took a heavy toll on the precious metal in Asian and European trading.

Uptick in Libyan production and rising number of US rigs spooks oil futures market.

Brent, WTI contracts lost further ground as US rig count rose and traders were unconvinced by producers' cuts.

US President's plan to sell half of his country's crude oil reserves fails to unnerve Opec members.

Both Brent and West Texas Intermediate contracts shed 5% overnight before staging a minor recovery.

Russian and Saudi oil ministers broker deal between 24 producers to extend their ongoing output cuts.

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

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.

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

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

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

US political uncertainty sent gold prices higher in the face of a weaker dollar.

Many money managers were withdrawing bets on higher oil prices before Saudi-Russian announcement reignited interest.

Major oil producers pledge to do "whatever it takes" to cut production to curb current oil glut.

Several Opec ministers and Russia came out in favour of extending production cuts beyond June.

As US inventories decline, oil ministers of Iraq and Algeria claim there's agreement within Opec.

Prospect of rising US shale production continues to neuter possible price boost from Opec output cut extension.

Soundbites in favour of extending oil production cuts having little impact in the face of rising US output.

Saudi Arabia's Opec governor claims major oil producers were converging on the need to extend production cuts.

Five-month low oil prices and a downturn in the commodities sector weighed heavily on investors.

Futures trades in the yellow metal see drop of over $20 as US central bank hints at another interest rate hike.

Market sentiment increasingly factoring incremental shale oil barrels as Baker Hughes records another US rig count rise.

Tug of market direction between higher US oil production and Opec output cuts is in full play.

Rising crude production stateside continues to drag down crude prices despite producers' soundbites in favour of extending cuts.

Quotes from key producers over possible output cuts fail to fire traders' imagination.

Market chatter on fresh Saudi-Russia pact stems oil price decline as threat from rising US shale production rises.

Rise in supply of Chinese steel made from cheaper iron ore and global oversupply have triggered a heavy drop in ore prices.

As the greenback slid on the president's comments, safe-haven investors extended gold trades.