Oil cartel Opec's member nations to meet on 27 November in Vienna.
6 days ago
By M Rochan
Weak data from top energy consumer China has fuelled worries about oil demand amid a global supply glut.
17 days ago
BP profits fell 21% in the third quarter compared to the same period in 2013.
24 days ago
By Nigel Wilson
European banks' stress test results revealing little threat to banking system aid sentiment.
25 days ago
US Treasury official threatens to impose economic sanctions on buyers of Isis oil.
World Energy Day is celebrated on 22 October to draw attention to energy policy and the environment.
Opec members might prefer to keep selling at lower prices than lose their market.
Global oil supply rose by almost 910,000 bpd in September to 93.8 million bpd.
Oct 14, 2014
US petroleum production has been steadily increasing due to shale boom.
Sep 30, 2014
By Jerin Mathew
Oil futures under pressure as supplies rise amid dismal global economic data and weak demand.
Sep 20, 2014
Brent crude maintains downtrend as IEA and Opec predict lower demand.
Sep 13, 2014
Brent and US crude shed over 2% each in August.
Aug 30, 2014
Brent crude is back near a thirteen-week-low as Kurds in Iraq have recaptured most of the big oil sources from the Islamist militants, easing supply worries.
Spot Brent has fallen below the $104-$103 support region, opening up new lows near $100 for the commodity.
Aug 13, 2014
India wants to increase oil imports from South America and Africa.
Jul 23, 2014
WTI crude for spot delivery traded near $103/bbl at 15:50 GMT on Friday, up more than 2.3% from last week's close.