Oil

Donald Trump said Toyota will face a 'big border tax' on cars built in Mexico for the US market.

A survey showed that China's services sector had grown to a 17-month high in December.

Average cost of unleaded petrol rises by more than 3p to 117.9p in December.

The dollar hit a 14-year high against a basket of currencies on Wednesday.

Brent, WTI futures register gains of over 2.5% as Kuwait and Oman cut production in line with Opec and non-Opec accord.

Oil is a crucial source of revenue for the Islamist militant group which uses the funds to carry out terrorist attacks.

Gold and silver could have contrasting fortunes over the next 12 months, while the direction of oil futures hinges on Opec's accord holding up.

There's a lot more to Donald Trump's pick for Secretary of State than his dealings with Russia's Vladimir Putin.

Yellen announced on 19 December that the current job market in the US was the strongest in nearly a decade.

Deal comes days after BP hammers out oil agreement more than twice the size with United Arab Emirates.

Australia's S&P/ASX 200 climbed as the country managed to retain its AAA credit rating, despite a budget deficit.

In China, policymakers are trying to curb capital outflows after the Fed decision.

The Fed move marks the first rate increase in 2016 and the second in a decade.

Climate change denier who sits on board of controversial Dakota oil pipeline will form US energy policy.

Markets have already factored in a Fed rate increase, say analysts.

Precious metals and crude oil headed lower ahead of the US Federal Reserve's rate-setting meeting.

Oil giant boss who brokered deal with Vladimir Putin will 'reverse years of misguided foreign policies' says Trump team.

China reporting better than expected factory output and retail sales in November had negligible effect on the markets.

Non-Opec nations have agreed to cut output by 558,000 barrels a day.

Group of 11 states including Russia and Mexico to slash output by 558,000 barrels per day from 1 January.

Opec's surprise decision to cut oil production by 1.2 million barrels per day has boosted the crude oil price.

Markets also gained amid investor expectations of a positive outcome from the upcoming ECB meeting.

US services sector activity hitting a one-year high in November also helped boost investor confidence.

Prime Minister Matteo Renzi announced his resignation soon after results indicated his defeat.

The bearish trend in the stock markets also follows a decline in oil prices.

On Wednesday, Opec agreed to cut oil production by 1.2 million barrels per day.

Most analysts said they expect some form of deal to emerge from the Opec meeting.

The markets are awaiting the outcome of Opec ministers' meeting to work out a production cut.

Investors fear that Opec nations will not agree to a production cut at Wednesday's meeting.

The uptick in Asia is expected to only last until US markets reopen after the holidays.