Commodities

Markets gear up for Opec cut ahead of 'make-or-break' meeting with Russia
Opec is expected to cut production by more than 1m barrels per day when it meets in Vienna on Thursday, providing some respite for under-pressure oil prices.

Commodities: All OPEC+ members must join in oil output cut, Saudi says
Commodity futures were higher on Tuesday, helped by gains for natural gas, precious metals and select agricultural contracts, but oil gave up earlier gains.

Palladium price hits record high and gets within $10 of gold
Palladium prices are hitting record highs and could reach parity with gold, in a market considered to be in an annual supply/demand deficit, according to analysts.

French government suspends fuel-tax hike after yellow vest riots
The French Prime Minister Edouard Philippe announced on Tuesday that a proposed fuel tax hike would be suspended after fierce protests around the country against the government's economic reforms.

Oil prices spike as Qatar drops out of Opec, rumours of production cut
Qatar plans to pull out of the Organization of the Petroleum Exporting Countries (OPEC) in January, the country's energy minister warned on Monday.

Shell to implement climate targets after investor approval
Royal Dutch Shell plans to set short-term climate targets as part of a long-term ambition to reduce the net carbon footprint of its energy products.

Governments to discuss attempts to cut emissions at UN climate change summit
Governments from around the world will discuss tangible ways of tackling C02 emissions and avoid catastrophic global warming at the UN climate change summit beginning on Monday.