What is next for oil prices after Opec?

What is next for oil prices after Opec?

Opecs surprise decision to cut oil production by 1.2 million barrels per day has boosted the crude oil price. Financial columnist Edmund Shing asks whats next for the oil industry and whether now is a good time to invest in companies dealing with crude. Dec 7, 2016
Theresa May defends trade deals with Gulf leaders

Theresa May defends trade deals with Gulf leaders

UK Prime Minister Theresa May has defended making trade deals with Saudia Arabia and Bahrain, despite them being under fire from human rights groups. Speaking on 6 December on HMS Ocean in Bahrain, she said that if Britain was going to influence Gulf leaders and improve human rights in the area, they needed to be engaging with them. Theresa May is in the Gulf to strengthen trade talks post-Brexit, and to also oversee measures to improve security to help tackle terrorism in the area. Dec 6, 2016
Driver mistakenly reverses car into river

Driver mistakenly reverses car into river

A driver mistakenly stepped on the wrong pedal and reversed his car into a river in Yangzhong City of east Chinas Jiangsu Province on 3 December. The driver, whose surname is Zhang, had stopped to greet a friend and stepped out of his vehicle without applying the handbrake. After noticing his car rolling slowly downhill towards the river, Zhang rushed back to try and stop it. However, he stepped on the accelerator instead of the brake, causing the vehicle to shoot backwards, crashing into an motorcycle before falling into the river. Luckily, the rider did not sustain any injuries from the collision. Zhang manged to get out from his car and from the river. According to police, he was not found to be driving under the influence of drugs or alcohol. Dec 6, 2016