The price of US oil has dropped to a level not seen since 1999, as demand dries up and storage…
Image by Oli Hale from Pixabay London’s FTSE 100 index is facing its worst day since the financial crisis after…
President Donald Trump has urged Saudi Arabia to increase its oil production to combat the rising cost of fuel. He…
Oil prices hit $75 on April 24, the highest level in nearly three and a half years, as fears mounted…
Oil prices have fallen after the OPEC said global crude stocks had risen. A surprise output jump from Saudi Arabia,…
Oil prices have jumped after oil producing countries that are not OPEC members agreed to cut output. Brent crude oil…
Oil price has surged after reports that OPEC members have agreed some details of a production cut. Oil prices rose…
Brent crude oil rose almost 6% to nearly $49 a barrel after Opec has agreed a preliminary deal to cut…
Oil prices have dropped sharply after a meeting of oil producers in Qatar failed to agree a cap on output.…
Oil prices have plunged after Saudi Arabia said it would freeze production only if other major producers did the same.…
Oil prices soared as much as 12% on February 12 after new suggestions that OPEC nations were set to cut…
Oil prices fell again on January 25, eroding last week's gains, as OPEC called for co-operation from oil-producing nations outside…
Oil prices will recover to $70 a barrel by 2020, oil producers’ group OPEC has said. Prices have fallen from…
Oil prices rose by almost 6% after Saudi Arabia and its allies launched air strikes on Houthi rebel targets in…
Brent crude oil price has fallen to $51.12 per barrel, its lowest level since March 2009. It follows yesterday's 6%…
Oil prices have fallen further after the International Energy Agency (IEA) forecast weaker demand in 2015. The IEA, a consultancy…
Oil prices plunged after the OPEC oil producers' cartel decided not to cut output at its meeting in Vienna. OPEC's…
Brent crude oil price has fallen at a four-year low, from $3.60 or 4.4% to $77.52. The benchmark US crude…
Oil prices are close to a nine-month high due Iraq crisis. Brent crude fell 27 cents to $114.79 a barrel,…
Oil prices have reached a nine-month high amid concerns that developments in Iraq may affect global supplies. Brent crude futures…