Home
> oil prices
oil prices
Market round-up: FTSE 100 plummets as BP profit halves and Brent dips below $33
In 2015, BP's annual profit fell 51% year-on-year to $5.9bn, while Shell predicted similar results.
US market open: Dow and Nasdaq in the red as oil price fall towards $30 a barrel mark
Wall Street in the red as oil prices fall 5% and offset strong earnings from Alphabet, Mattel and Michael Kors.
BP's annual profit halves as slump in crude prices and impairment charges take their toll
Oil giant to cut more jobs as ongoing oil slump and impairment charges slash annual and quarterly profits.
Asian markets: China trades in the green despite slide in oil prices
Oil prices slipped after China reported weak manufacturing data for January.
US market round-up: Wall Street in the red as poor Chinese data drags oil prices lower
US markets on back foot as oil prices fell by more than 3% after China manufacturing PMI hits three-year low.
Centrica CEO: George Osborne should cut taxes of oil producers to avoid North Sea field closures
Boss of British Gas owner said North Sea companies that want to continue would need support.
Asian markets: Shanghai Composite declines following China's weak manufacturing data
China's official manufacturing purchasing manager's index (PMI) for January 2016 came in at 49.4.
Asian markets: Shanghai Composite positive as Bank of Japan adopts negative interest rate policy
Bank of Japan has said that 0.1% interest would be charged for excess reserves parked with it.
Asian markets: China's Shanghai Composite in the red following Fed's rate rise comment
Both WTI crude oil and Brent crude were trading lower despite Russia stating it could consider cutting output.
Shell: More than 80% of shareholders vote in favour of proposed £35bn BG takeover
Royal Dutch Shell edges closer to complete merger after majority of shareholders vote in favour of takeover.
Asian markets: Shanghai Composite down as Apple forecasts first revenue drop in 13 years
Apple admits to feeling the impact of the China slowdown as it warns that iPhone sales are set to fall.
World Bank and Credit Suisse slash oil price forecast for 2016
HSBC too recently cut its crude oil price forecast for the next three years, over a prolonged supply glut.
China economic crisis: Baltic Dry Index hits record low amid fears over global trade slowdown
Baltic Dry Index sparks worry over global economy coming to standstill but analysts say worries are overdone.
Oil prices tumble below $30 amid global oversupply and fresh concerns over China slowdown
Brent crude and WTI fall below $30 a barrel as concerns over a slowdown in China intensify.
Asian markets: China sees red as Shanghai Composite closes 6.4% down and oil dips below $30 a barrel
China's stocks tumbled to the lowest levels in 13 months.
Davos 2016: The winners and losers from low oil prices
With gloom about sustainability of economic recovery low oil prices are a gift for Western economies.
Asian markets: Most bourses trade higher as oil prices rebound
Both WTI and Brent Crude gained and were trading above $32 a barrel.
The Iran rush: European and Asian firms on starting line as sanctions are lifted
Companies have shown intent to enter Iran's markets for two years and effects will be long-lasting.
US market report: Dow and Nasdaq rally as oil prices return above $31 a barrel
Wall Street follows European and Asian stocks high as more economic stimulus looks on the cards.
Credit rating Moody's downgrade: Royal Dutch Shell, Statoil are among 120 oil stocks under review
Rating agency says decision motivated by the ongoing slump in oil prices.
Asian markets: China gains as ECB hints at more monetary easing
Asian stock markets mirror the positive close on the Wall Street and the European exchanges overnight.
US market report: Dow Jones advances slowly after Mario Draghi hints at more European Central Bank stimulus
Wall Street looks to recoup some of the heavy losses from the previous session, while oil falls again below $28.
Will oil hit $7 a barrel? BP's CEO Bob Dudley warns crisis equals 1986 slump
BP's CEO says oil prices will continue to decline for at least another six months but will not fall forever.
Asian markets mixed after Wall Street slump but Shanghai stays down
Only the Indian and Australian were up following another down day for US markets.
Market round-up: FTSE 100 plunges into bear market as oil prices drag down global stocks
With WTI trading at $28 a barrel, commodity miners and traders weighed down stock markets.
Davos 2016: Saudi Aramco IPO prompted by sense of reform to deal with 'historic time'
Saudi Arabia, the world's biggest oil producer, is mooting an IPO of Saudi Aramco.
US market report: Wall Street slumps as oil price decline triggers worldwide sell-off
US stocks followed Asian and European markets in the red soon after the open as oil prices extended losses.
Market round-up: European stocks hit lowest level since October 2014 as oil prices tumble
UK and European stocks follow Asian markets into the red as oil prices fall further amid oversupply worries.
Royal Dutch Shell fourth quarter profits plunge as oil prices tumble
Dutch oil giant says decline in oil prices could almost halve its fourth quarter profit.
Asian markets: China and Hong Kong in the red as oil falls below $29
Stock markets across rest of Asia were also down as IMF slashed its 2016 global growth forecast overnight.
