*Fed rate increase looms 12 December 2016, London — Oil prices surged to their highest since mid-2015 and U.S. Treasury yields hit a more than two-year peak on Monday after the world’s top crude producers agreed to the first joint output cut since 2001. Coming at the start of a week when the United States […] More »
Brent oil futures soars 5 percent to top $57/b
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