What are the prospects for OPEC enforcement?

Donald Trump wants Riyadh to keep pumping oil to keep global prices low, a tactic that pleases his blue-collar base at home. But the Saudis may balk at opposing other OPEC members ahead of a key meeting of the cartel.

President Donald Trump's call for OPEC to keep oil flows unrestricted drew criticism from Saudi Arabia. The oil cartel convened in Vienna to discuss cutting output, in a bid to bring prices back from a two month slump.

Nigerian Minister of State for Petroleum Resources Emmanuel Kachikwu discusses the agreement by OPEC+ to cut production by 1.2 million barrels per day with Bloomberg's Marcus Cranny on "Bloomberg Markets: European Close."

Bloomberg: 2019 a look ahead special.

OPEC's production plunged by the most in almost two years in December, even before the deal to cut oil supplies started. Output fell 530,000 barrels a day to 32.6 million.

Data from the Energy Information Administration showed that the United States cut its imports of Nigerian crude oil by 43 per cent in 2018. Meanwhile, oil prices continue to inch higher by healthy demand and output cuts led by producer group OPEC.

OPEC agreed to extend production cuts by nine months after several members endorsed the move aimed at supporting oil prices amid a weakening global economy. The deal will take effect once non-OPEC allies give their approval at a meeting scheduled to hold today. Oyeyemi Oke, Oil and Gas Lawyer and Partner at A02 Law joins CNBC Africa to discuss this and other stories impacting the global oil market.

Every year hundreds of workers who file sex-discrimination grievances in U.K. courts settle their cases in return for money and silence. Major banks such as Barclays, HSBC and JPMorgan Chase are just some of the multinational corporations that have been sued. Bloomberg's Jonathan Browning discusses the story with Naomi Kerbel.

Saudi oil giant Aramco raises $25.6 billion in the world's biggest ever IPO, beating a record set by Alibaba in 2014. Meanwhile, OPEC members meet in Vienna to discuss cutting oil production by a further 500,000 barrels a day - more than previously expected.

The Organisation of Petroleum Exporting Countries (OPEC) has agreed to increase output curbs in early 2020. The agreement, which needs to be formally adopted later today, will cut an extra 500,000 barrels per day of production, through tighter compliance and some adjustments. Emmanuel Adeleke, Research Analyst at ARM Securities joins CNBC Africa for more.

Democrat presidential hopeful Mike Bloomberg has had 70 Twitter accounts linked to his supporters suspended for spam-like posts. On Saturday, Nevada goes to the polls, with all eyes on front-runner Bernie Sanders.

Who will take on Trump at the 2020 election? At 78 years old, Michael Bloomberg has hit the campaign trail. As a Democrat, Bloomberg has positioned himself as a moderate. He has campaigned against guns and promised to tackle climate change, one of the key issues in his campaign. In October 2019, Forbes ranked Bloomberg as the 8th richest person in the world, with an estimated net worth of over 50 billion dollars.