SQUAWK BOX, THURSDAY 5TH DECEMBER, 2019

Oil markets front and centre. Crude prices steady after a big surge ahead of today's OPEC meeting amid the prospect of deeper production cuts. Iraq's oil minister tells CNBC extending the current deal through June will not be enough. Investors eagerly await the pricing of Saudi Aramco's IPO, with the oil giant's bookrunners reportedly recommending a price at the top end of the range, making it the world's biggest public offering. In tech, Huawei mounts a legal challenge against the U.S. FCC, as it aims to overturn a ruling that bans government funds from being used to purchase the Chinese telecom giant's equipment. Another luxury deal in the works for Gucci owner Kering is reportedly in exploratory talks with Moncler about an agreement to buy the Italian jacket maker. And finally caught on tape, President Trump skips the end of the Nato meeting and calls out Canadian Prime Minister Justin Trudeau, after footage appears to show world leaders joking about the U.S. Commander in Chief.