Say at least this for the manifestoes that the Conservative and Labour parties have presented this month: Some honesty has returned to British politics as far as tax and spending decisions are concerned. This would be a cause for celebration were it not for an additional detail: When it comes to Brexit, the U.K.’s main parties are yet to wake ...

Bloomberg Oil extended gains towards $51 a barrel as Saudi Arabia said all producers participating in output cuts agree on prolonging the deal through the first quarter of 2018. Futures climbed as much as 1.1 percent in New York after advancing 5.2 percent last week, the biggest weekly increase since March. An extension into next year will help producers reach ...

Bloomberg BP Plc started a project in the UK North Sea that will restore production halted since 2013 and help double the company’s output in the area by the end of the decade. BP and its partners budgeted 4.4 billion pounds ($5.7 billion) for the Quad 204 project, which involved building a new floating production and supply vessel and redeveloping ...