Robert Miller: November 18 2017 

Oil prices rose 2.2 per cent yesterday amid expectations that Opec will agree to extend curbs on production at its meeting this month.

Brent crude, the international benchmark, was trading at $62.72 a barrel, reversing four consecutive days of losses.

Separately, it emerged that the world’s most powerful oil trader, Mike Muller, of Royal Dutch Shell, would step down after 29 years with the company.

Mr Muller, known for handling as many as eight million barrels of oil per day, left after the appointment of Andrew Smith as Shell’s new head of supply and trading. He is set to leave at the end of the year.

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