oil prices

Acquisition comes after SSE warned investors its energy supply division likely to suffer dip in profits.

Sluggish China growth and US shale boom to add to supply glut, says oil giant.

Largest number of permits to explore for oil and gas on UK continental shelf in half a century are awarded.

Commodities led by gold and oil hit a 10-year low thanks to Iran and China.

Competing supermarkets like Morrisons and Asda have cut fuel prices in the wake of Iran agreement.

Oil giant BP and security company G4S lost out as oil and mining stocks get rocky ride.

Iran's return to the global oil market has been met with gushing enthusiasm.

Glut of short-term crude stockpiles hides larger problem of rebuilding Iran's oil industry, say experts.

The fact that Iran will soon be open for business and a BoE indication rates will rise stunted the FTSE.

Demand would decline in 2016 while supply from Opec producers projected to remain at high levels.

Engineering major blamed deterioration in the offshore marine business for its revised outlook.

The oil major will pay $18.7bn to fully settle 2010 Gulf of Mexico Deepwater Horizon oil spill claims.

WTI crude for delivery in August fell 1.19% at $58.76 per barrel, while Brent crude was trading down 0.83% at $63.06.

Six mile buffer zone, scheme to pay for environmental damage, independent monitoring needed to grow industry.

High Street retailer Debenhams warns consumers are cautious about spending during cuts.

Supermarkets also attracted bets as investors waited out Greek debt storm.

Energy company warns something substantial needs to be done t combat the continuing rise of carbon emissions

The Iraqi government and the KRG have clashed on unspecified parts of an oil deal made in December.

In Norway, petrol prices are 26% higher than that in the UK, where price per litre is £1.21.

Scottish First Minister had chatshow host Stewart in stitches.

Shale oil boom in US is expected to come to halt amid oil price cartel Opec's unchanged production target.

Agreement expected to be submitted to IMF executive board for consideration.

Oil hit its lowest price in six years in January, $45 a barrel, but has since climbed up to trading near $62.

With its ever-increasing oil demand, India is expected to become prime customer for Opec members.

Increase in oil production and continued government spending will help support country, says IMF.

The airline achieved a 67% jump in annual profit after an 18% rise in passenger numbers.

Pipeline ruptured along the scenic California coastline spills 21,000 gallons of oil into the ocean.

Recent rally in oil prices would force producers to drill, adding to existing glut, says Goldman Sachs analysts.

Morgan Stanley's giant physical oil trading business is the largest and oldest on Wall Street.

Brent crude could trade at an average price of $60 a barrel in the third-quarter of 2015 and then rise to $65 a barrel.