Crude Oil

Having been battered by dreary macroeconomic environment, Christmas trading period more important than ever for British retailers

The creators of Shamoon malware suspected of being behind the Saudi Aramco attack were amateurs who made silly mistakes according to security experts.

Ex-CBI man McCafferty is the latest monetary policy committee member and has given his thoughts on state of play for recession-hit UK economy

Iran said to be in talks to sell around two million barrels of oil to Egypt.

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Security agencies stepping up search for kidnappers and abducted foreigners.

From stocks to oil to gold, guesswork defines what we pay for the most actively traded assets in the world.

International Energy Agency warns of "nasty surprises" to oil prices if OPEC production quotas are obeyed.

Flash floods sweep the area at midnight killing sleeping residents and causing houses to be flooded up to the first floor.

Iran switches names, flags and ports of ships to confuse Western officials tracking its oil exports.

As India seeks more oil and gas from OPEC and the wider markets following Iran's sanction woes, the move could intensify growth problems and high inflation

Oil ministers at Organisation of Petroleum Exporting Countries reveal conflicting opinions on restricting oil output to slow falling prices.

Investors question timing, detail of Spain's EU-led rescue as Greek election concerns mount

International Air Transport Association says deepening eurozone sovereign debt crisis and rising oil prices threaten to wipe out airline industry profits and targets

South African official hints country is looking to source more of its oil imports from Nigeria instead of Iran.

As tensions between Iran and the Gulf States continue to increase, Tehran has announced plans for a new oil terminal outside the Strait of Hormuz.

Latest report reveals that a majority of airlines only implement hedging procedures for 21% – 40% of its total fuel for a year, in a bid to guard against rising oil prices.

Franco-Dutch airline is the third aviation company this week to report losses stemming from rising fuel costs

Iran is considering a Russian proposal to halt nuclear programme to avoid EU sanctions.

Thinktank forecasts cost of living will rise at least 2.7 percent this year on back of high oil and commodity prices.

The U.K. producer price index for home sales of manufactured products rose 3.6 percent in the year to March 2012, compared to a growth of 4.1 percent in February, according to the latest data released from the Office for National Statistics (ONS).

Opec and IEA reports show oil production and supplies increasing as demand growth steadies, which could ease prices in 2012.

Governor Mervyn King and the MPC face growth and inflation dilemma

Dispute between oil giant and Nembe Island's poor community escalates to workers being held on board seized boats.

There are fears that in Asia inflation might return due to higher energy prices, food and wage costs as crude oil prices are expected to range between $125 to $128 per barrel. However, though oil prices are high in absolute terms, Brent crude prices are only 10% higher than a year ago and food prices are still comparitively lower than the previous year.

Iran helps Syria get round boycott by providing tanker to ship oil to China state-run firm.

The UK, the US and France are in favour of a strategic oil release.

British gas prices fell on fears of slump in demand as much as 13 percent on Thursday below the seasonal norms and also due to weak global economic data, which drew down the wider energy complex, including British gas futures.

World's manufacturing economies showing weakness as UK high street sales fall more than forecast.

Office for Budget Responsibility improves outlook for UK economic growth but critics say it is too optimistic in face of increasing global competition.