Jobs report makes clear the US economy is on a firm footing but income levels nowhere near boom times.
Growth in demand, rising profits and regulatory support bodes well for the industry, according to a new report.
Russian and Saudi oil ministers came together to drive an extension of output cuts for another 12 months in line with market expectations.
Mohammed Saleh Al-Sada tells IBTimes UK that global crude demand remains healthy and the market is rebalancing.
Russia's participation is less than certain after Kremlin expresses concern about length of the proposed extension.
Having spent the last 10 years covering Opec, the IBTimes Business Editor provides a peek inside the 'central bank of oil'.
Agreement over Brexit bill could unlock next phase of key negotiations with the European Union next month.
Crude futures slide on perceived uptick in US production and Russian reluctance to go along with cartel.
Manjit Wolstenholme had only been appointed executive chairman in August after troubled lender issued its second profit warning.
Benoit Coeure, a senior central banking official, says "economic agents could become less anchored to actual activity and more prone to manias and panics."
The European Union has already upgraded its growth forecast for the eurozone this year to 2.2%
Falling demand and lower wholesale gas prices would cut power prices, research suggests.
Chancellor Philip Hammond downgrades economic forecasts and unveils appealing policy morsels.
Index closed at 30,003.49, breaching the 30,000 threshold for the first time since the financial crisis.
British GDP expected to come in at 1.5% for 2017, falling further until 2020.
A combination of aggressive acquisitions and expansion initiatives have transformed the petrochemical company in a matter of years.
Political developments spark another intraday rally keeping the British currency firmly in positive territory.
Collapse of coalition talks in Eurozone's biggest economy weighs on the euro ahead of next round of Brexit talks.
Official data reveals visitor numbers rose by 5% as tourists took advantage of the British currency's dip.
Commentators bemoan the British currency's unpredictability as political and economic headwinds make life difficult for forecasters.
Sterling tumbles against its main rivals amid growing uncertainty over the government's future and Brexit negotiations.
Investment vehicles created to encourage sustainability projects have seen their global popularity soar, report says.
The price of oil has risen quickly over the last week or so. However, substantial evidence indicating fundamentals have changed to justify such a speedy increase is yet to emerge.
Most of the detainees are being housed at the Ritz-Carlton in the kingdom's capital city of Riyadh.
Two of the UK's 'Big Six' energy companies hope to form a mammoth supplier serving over 12 million households.
Sterling climbs against euro and dollar as it pares losses incurred in the aftermath of Bank of England's historic rate hike.
With the interest rate hike already priced in, the sterling saw some serious intraday selling.
UK central bank expects economic growth to fall from 1.7% this year to 1.6% in 2018 before picking up again.
UK central bank delivers first rate rise in a decade and reverses 0.25% cut introduced in the wake of the Brexit vote.
Sterling registers huge gains against dollar and euro with the Bank of England poised to hike interest rates.