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Travel ban faces second round at West Coast appeals court

Bloomberg Attorneys from the U.S. Justice Department will again come before a federal appeals court to try to salvage President Donald Trump’s order banning travel from six mostly Muslim nations, after a judge said it appeared to be discriminatory. The hearing gets underway at 9:30 a.m. in Seattle. It’s the second time a three-judge panel from the Ninth Circuit Court ...

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Saudi, Russia favour extending oil cuts until March 2018

Bloomberg Saudi Arabia and Russia said they favour prolonging oil-output cuts by global producers through the end of the first quarter of 2018, setting a firmer timeframe for a likely extension of the curbs into next year. Crude prices jumped. Extending the curbs at already agreed-upon volumes is needed to reach the goal of reducing global inventories to the 5-year ...

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Libyan oil output up as OPEC nears decision on cuts

Bloomberg Libya is ratcheting up oil output with less than two weeks to go before the world’s biggest exporters decide whether to extend production cuts to clear a supply glut. The OPEC member with Africa’s largest crude reserves is pumping more than 814,000 barrels a day, thanks partly to rising output from two fields that re-started last month, Jadalla Alaokali, ...

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