OPEC agreed to a modest rise in oil production from next month but the group gave no clear targets
OPEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source said.
Spot gold was little changed at $1,267.38 an ounce
Brent crude oil futures were at $74.04 per barrel
Saudi Arabian Energy Minister Khalid al-Falih said the U.S. oil output boom will see a significant slowdown due to pipeline constraints in the next two years.
Saudi Arabian shares gained on Thursday, reflecting largely positive sentiment across the Gulf
As we head into the third trading quarter of 2018, emerging markets could be poised for further punishment
European politics looks set to dominate the news agenda