Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.

The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.

Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. That's all from our live Q&A and the Money blog today - scroll down to read expert answers on what ...