Crude Oil

Mauritius' Global Board of Trade clears way for MetaQuotes Software Corps with independent software vendor status.

Vague crackdown promised on fiddles by corrupt politicians and officials in cahoots with international crime rings.

"Oil sales to British and French companies have ceased," the Oil Ministry says. The decision is not expected to have a big impact on either Britain or France, however.

The President of Iran has made a startling announcement... one sure to set alarm bells ringing throughout the White House, the European Union (EU) and in the International Atomic Energy Agency (IAEA).

Ayatollah Ali Khamenei ups rhetoric against Israel and US.

Iran launchs satellite into orbit, raising concern over its military ambitions.

The European Union has formally adopted an oil embargo against Iran and a freeze of the assets of the country's central bank.

Aircraft carrier John C Stennis must stay out of the Gulf, Iran Tells US.

A poll of 20 hedge fund managers, economists and traders conducted by Reuters predicts that gold prices will fall below $ 1500 an ounce over the first quarter of next year.

Strait of Hormuz standoff between Iran and US intensifies over sanctions row

Nigerian president explains the urgent need to minimise the country's dependence on crude oil

The new president of the European Central Bank, Mario Draghi, will look to promote “growth” in the eurozone, according to a leading portfolio manager in the City of London.

BP has drawn up a contingency plan to tackle an oil spill off the coast Shetland Islands, which has the potential to be bigger than its Deepwater Horizon disaster.

Russia said on Tuesday it is close to finalising a huge gas supply deal with China, in what would be a landmark trade agreement, but while officials insist cooperation between the two wary neighbours is only set to improve, lengthy negotiations prove the distrust is still hampering the Sino-Russian relationship.

Saudi Arabia plans to spend over $100 billion to build 16 nuclear reactors in an effort to meet its growing domestic energy needs, the kingdom's former Saudi intelligence chief and former ambassador to Washington said in a recent speech.

According to U.S officials, rebel forces that captured towns from Nalut to Kikla in Libya's western Nafusa Mountains managed to cut a vital crude oil pipeline that feeds one of the government's major refineries in the town of al-Zawiya, greatly impeding the Libyan government's ability to continue fighting the rebels.

NATO forces flattened a building inside Muammar Gaddafi's Bab al-Aziziyah compound early on Monday, in what a press official from Gaddafi's government said was an attempt on the Libyan leader's life.

Shares in Essar were up on the FTSE 100 in morning trading after the company reported a drop in it's a pre-tax profit in the half year period ended 30 June, despite a significant rise in revenue in the period.