India Hopes to Rein in Current Account Deficit as Gold Hits Two Year Low
Huge gold and crude oil imports are the major factors for India's widening current account deficit.
IEA: Global Economy Woes Curb Oil Demand
The International Energy Agency warns that oil demand is weakening on feeble world economic growth
US Trade Deficit Widens 16.5% in January
The US oil imports rise 12.3 percent in January while sales to Europe, China, Japan and Brazil decline.
BP to Defend Against 'Gross Negligence' in Civil Trial
Trial over Gulf of Mexico oil spill set to begin before US federal judge.
Asian Stocks Down on Fed Minutes and Commodity Weakness
Traders cautious as US Federal Reserve's policy meeting minutes fuel stimulus concerns and commodity prices drop.
Mexico: Pemex Explosion Caused by Gas Build-up
Mexico rules out explosives as cause of deadly explosion, which ripped off Pemex headquarters killing dozens.
Iran to Ban Oil and Gas Exports to EU in 'Pre-Emptive Sanction'
Iran 'spurns' EU requests for Iran oil and gas as sanctions set to take effect.
Ryanair Lifts Profit Forecast as Passenger Numbers Rise
Europe's biggest discount carrier nears €1bn in quarterly revenue as three-month traffic passes 17m
Tea? Coffee? Or Coffee Leaf Tea?
It used to be a straightforward choice between tea or coffee, but now you can have both in the same mug.
US Oil Demand to Inch Up but Imports to Drop to Record Levels by 2014
The Energy Information Administration expects modest US oil demand rise in 2013 and 2014 while imports could drop to the lowest in over two decades
Societe Generale Warns of China’s Economic Hard Landing Impact
Dismissing fears of hard landing a 'mistake' and effects on markets could be dire in 2013.
Oil Outlook 2013: Global Economic Uncertainties to Drive Price Volatility
Role of emerging economies and shale production in oil prices may not be as significant as expected.
Opec Preview: Tough Talks Ahead on High Oil Prices and Supply
Organisation of the Petroleum Exporting Countries face serious questions over managing high prices, supply glut and geo-political tensions
UK Household Spending Crippled by Energy Bills
ONS data shows fuel and power only area of household spending to have gone up between 2006 and 2011.
India's ONGC to Buy ConocoPhilips' Stake in Kashagan Oil Field
India's state-owned oil firm ONGC plans to buy ConocoPhilip's 8.4 percent stake in Kashagan oil field in Kazakhstan
Shell Profits Tumble on Lower Crude Oil Prices and Dampened Output
Shell cites lower crude oil and depressed output for its tumble in supply profits but keeps dividends steady
Canada and Russia Face Different Risks to Similar Energy Challenge
BP's deal to link-up with Russia's state-owned Rosneft and Industry's Canada's recent moves to block foreign takeovers are symbolic of government's troubled relationship with energy.
EU Toughens Iran Sanctions As Rial, Economy Struggle
The EU approved a second round of tough trading sanctions on Iran as crude exports, currency continue to tumble.
Star Mugshots: Daryl Hannah Arrested over Pipeline Protest in Texas [SLIDESHOW]
Actress's protest arrest latest in growing line of stars falling foul of the law.
Shops Eye 'Crucial' Christmas Period to Recover Lost Sales in Ailing Retail Market
Having been battered by dreary macroeconomic environment, Christmas trading period more important than ever for British retailers
Suspected Saudi Aramco Malware Created by Amateurs
The creators of Shamoon malware suspected of being behind the Saudi Aramco attack were amateurs who made silly mistakes according to security experts.
Bank of England's Newest Policymaker Ian McCafferty Speaks Out for First Time
Ex-CBI man McCafferty is the latest monetary policy committee member and has given his thoughts on state of play for recession-hit UK economy
Sanctions-hit Iran Wooing Egypt to Sell its Oil
Iran said to be in talks to sell around two million barrels of oil to Egypt.
Crude Oil: Pivot Point Signal 23.08.2012
Buy at 115,12
Stop Loss at 114,62
Take Profit at 115,62
Nigeria: Search for Four Kidnapped Foreigners Continues after Suspected Pirate Attack on Oil Vessel
Security agencies stepping up search for kidnappers and abducted foreigners.
Financial Market Faith: Libor Scandal Reveals What We Don't Know About Global Markets
From stocks to oil to gold, guesswork defines what we pay for the most actively traded assets in the world.
Global Crude Oil Prices Held Down By Growth But OPEC Risks Loom Says IEA
International Energy Agency warns of "nasty surprises" to oil prices if OPEC production quotas are obeyed.
Russia Flash Floods Kill 78, Evacuations Under Way
Flash floods sweep the area at midnight killing sleeping residents and causing houses to be flooded up to the first floor.
Iran Disguises Ships in Cat and Mouse Game with West over Oil Export Embargo
Iran switches names, flags and ports of ships to confuse Western officials tracking its oil exports.
India Energy Demand May Stoke Inflation, Dampen Growth in Asia's Third Largest Economy
As India seeks more oil and gas from OPEC and the wider markets following Iran's sanction woes, the move could intensify growth problems and high inflation