19-04-2018 18:07 via theguardian.com

Shire takeover battle intensifies, as commodity prices boom – as it happened

Brent crude hits its highest level since November 2014 5.36pm BST At the risk of being cynical.... Saudi Arabia do have a particular motive to keep the oil price high - the impending flotation of energy giant Aramco.If crude is trading at three-year highs, Saudi might get a better price from investors for a stake in its domestic operator.The main focus today is on oil prices, which, since late 2014, have continued to rise to new heights. Saudi Arabia announced their desire to see the prices reac
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