A TV camera is seen inside the headquarters of the Organization of the Petroleum Exporting Countries (Opec) in Vienna, Austria. Photograph: Reuters

Opec will extend its production cuts into 2018, as the oil cartel and its allies attempt to end a three year supply glut that has hammered crude price(...)

Oil-producing nations are likely to fully comply with the reduction deal, with curbs due to bring global crude markets into balance early this year. Photograph: iStock

Oil headed for a second weekly increase as Opec and other producing nations continued with output cuts to reduce bloated global inventories and stabil(...)