Hong Kong / AFP Most energy firms in Asia jumped with a surge in oil prices on Monday after 11 non-OPEC countries agreed to huge cuts in crude production, while Saudi Arabia also signalled a bigger reduction in output than previously agreed. The 11 nations, led by Russia, said they would pump more than half a million fewer barrels ...

  AFP World oil prices surged on Monday after non-OPEC producers struck a deal to cut output, while Europe’s main stock markets were subdued before a key Fed meeting due this week. Indices in London, Frankfurt and Paris pulled back after soaring last week when the European Central Bank decided to extended its massive quantitative easing (QE) stimulus to December ...

  Bloomberg Israel and Turkey are working to eliminate a major obstacle to natural gas deals: their own fractious history. The two governments are working on a framework for the export of Israeli natural gas to Turkey that would protect contracts between companies if diplomatic ties break down, Israeli Energy Ministry Director-General Shaul Meridor said in an interview in Jerusalem. ...