Bloomberg Oil extended a two-year high above $60 a barrel in London amid growing signs that OPEC and Russia will press on with supply curbs, and as pipeline flows from Iraq were disrupted. Brent crude futures added 0.3 percent. Saudi Arabian Crown Prince Mohammed bin Salman last week backed extending production cuts by the Organization of Petroleum Exporting Countries and ...

Bloomberg Saudi authorities plan to keep selling local bonds every month as they seek to finance the bud- get deficit and deepen a nascent debt market, according to the official overseeing the kingdom’s borrowing strategy. Fahad Al-Saif, head of the debt management office at the Ministry of Finance, said local issuance makes up about 65 percent of the kingdom’s sales ...

Bloomberg Ghana is extending the issuance of non-sovereign bonds that the country needs for settling the legacy debts of state-owned energy utilities after demand for the securities fell short of the 6 billion cedi ($1.4 billion) target. While the West African nation allocated 2.4 billion cedis in seven-year bonds at 19 percent after receiving 2.5 billion cedis in bids, it ...