Opec

'Tougher stance against Iran could improve production'

It is time to head back to the combustible subject of oil. Regular readers of this column will know that back in early September, I predicted a messy demise for the commodity.

First output cut for eight years

Price of Brent crude rose to $53.58 a barrel

First deal in eight years

Significant meeting means limited oil price downside

Simon Gergel, manager of the Merchants investment trust, forecasts a much tighter oil market this year and beyond, with a return to higher prices at some point.

What will affect investor sentiment in 2016?

Positive development for the frontier market

Both Brent and Crude down