A deal by the US and China goes some way to ending the two-year trade war, with particular support in the agreement for agriculture and energy exports.
ConocoPhillips announced a 10-year plan to buy back $30 billion of shares, equivalent to about half of its current market capitalization, as the oil producer attempts to distance itself from the troubled U.S. shale industry.
The chief executive of ConocoPhillips said he expects oil prices to recover next year as investment in new oil output facilities falter. Ryan Lance made the comments as he spoke to journalists in Doha at the International Petroleum Technology Conference (IPTC) in Doha.
The boss of ConocoPhillips, Ryan Lance, has been confirmed as a speaker at ONS 2016, which takes place in Stavanger between August 29-September 1.