Oil

The United States has surpassed Russia and Saudi Arabia as the world's biggest oil producer.

OPEC and its Russia-led allies have agreed to curb output from January,

Brent is set for a decline of around 1 percent this week.

The decline in global oil prices has the industry on edge.

The meeting took place after OPEC and non-OPEC oil exporting countries rejected pressure from President Trump to further reduce oil prices by refraining from cutting production.

It was a sorry week for U.S. investors long stocks.

Falling oil prices could hit U.S. oil producers.

It seems to be happy holidays for the American economy, but there is a big risk.

West Texas Intermediate, the U.S. benchmark, jumped nearly $2 on Friday.

OPEC meets on Thursday in Vienna, followed by talks with allies such as Russia on Friday.

An OPEC decision this week to cut production could benefit U.S. shale producers.