A Texas-sized surge in oil production will hold prices down
With oil demand growth slowing, it's entirely possible that U.S. production alone will increase more than global demand in the next few years.
Europe v Trump: Iran signs oil deal with UK as John Bolton threatens sanctions
Tensions mount between Europe and Donald Trump's White House over Iran sanctions.
Iranian oil tanker burning in East China Sea after colliding with Chinese cargo vessel
32 crew members of the Iranian vessel Sanchi are missing while all those aboard the Chinese ship CF Crystal have been accounted for.
Saudi crown prince strikes again: 11 royals arrested for anti-regime protests
Eleven princes, who were not identified, were taken into police custody after they engaged in a sit-in protest outside a palace.
More news
Oil lurks near $60 mark as Turkey threatens to blockade Iraqi Kurds
Brent futures spike on anticipation of higher demand and geopolitical tension.
Russia's Gazprom topples US behemoth ExxonMobil as the world's leading energy company
ExxonMobil's 12-year reign at the top comes to an end as lower oil price sends it tumbling down the pecking order.
China gets tougher on North Korea after nuclear tests by cutting its energy supply
Kim Jong-un's regime threatened to test a hydrogen bomb in the Pacific Ocean.
Oil refineries hit as Storm Harvey's once-in-500-year flood envelops Houston
Water has reached as high as second-storey homes as the deluge from storm Harvey dumps tens of inches of rain on the state.
Hundreds of strange sponge-like balls have appeared on beaches in France
A 30km stretch of coastline has been affected.
People hoping for $70-80 oil price living in 'fantasy land', says top financier
Standard Chartered's Peter Gaw says industry should get real and accept an era of low prices.
Defiant Qatar declares business-as-usual with major gas production boost
Qatar is facing a a blockade from Saudi Arabia and other neighbours.
Tullow toasts debt reduction but warns against low oil prices
Oil producer sees debt decline $950m in the first half on the back of a successful share issue.
Gold extends gains pinned on forex volatility
Precious metals rose for much of the European session fuelled by volatility in currency markets and political uncertainty.
Betting on higher oil prices goes barmy on Saudi and Russian output cut agreement
Many money managers were withdrawing bets on higher oil prices before Saudi-Russian announcement reignited interest.
S&P 500 and Nasdaq reach record highs as tech and oil prices rise
The Dow Jones also ended higher, gaining 85.33 points to settle at 20,981.94.
Commodities round-up: Russia and Saudi Arabia agree to cut oil output until March 2018
Major oil producers pledge to do "whatever it takes" to cut production to curb current oil glut.
Discovery of unique Amazon coral reef could derail plans to drill for oil off coast of Brazil
Environmentalists believe the reef, more 1,000 kilometres long and dotted with brightly coloured coral, may be home to new marine species.
Oil futures reverse decline as OPEC stares at non-OPEC supply uptick
Prospect of rising US shale production continues to neuter possible price boost from Opec output cut extension.
Asia: Markets in sharp decline as oil prices plummet
Five-month low oil prices and a downturn in the commodities sector weighed heavily on investors.
US stocks narrowly edge up as oil price rise offset geopolitical tensions
Energy shares saw a big boost following rise in oil prices.
Oil market uptick extends into fourth session despite higher US inventories
Bearish data from US failed to halt gains in oil market as traders speculate over extension of Opec cuts.
Shell to sell 50% stake in New Zealand gas field
Energy giant to sell its interest in Kapuni gas field to local venture partner Todd Energy.
Wood Group anticipates higher cost savings from Amec Foster Wheeler merger
Wood Group expects to achieve 36% higher cost synergies from its deal to buy Amec than initially estimated.
Trump approves TransCanada's Keystone XL pipeline
Controversial pipeline was approved by Trump in reversal of Obama policy to combat climate change.
Asian stock markets mixed following poor Wall Street performance overnight
The mixed trend follows RBA highlighting the growing risks in the Australian housing market.
Commodities Round-up: Oil prices tumble as US production continues to increase
US rigs count rises for the ninth consecutive week, with production now exceeding 9m barrels per day.
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