Home
> oil prices
oil prices
Oil crisis: Halliburton to cut 5,000 more jobs amid declining crude prices
Halliburton has let go around 22,000 employees since 2014, which translates to about 25% of its workforce.
Asian markets: China gains following positive comments by its central bank chief at the G20 meeting
Zhou Xiaochuan said Beijing still had the room and tools to support the country's economy.
US market open: Dow Jones and Nasdaq edge higher despite China rout
Wall Street moves higher as investors shrug off dismal Chinese session and decline in oil prices.
UK economy: Shoppers save the day as consumption spending lifts economic growth by 0.5%
Net trade was another big drag on the economic growth, falling 0.4%, with production output dropping 0.5%.
Asian markets: Shanghai Composite slips more than 6% on liquidity concerns
Investors are looking forward to the G-20 meeting in Shanghai scheduled for 26 February.
IMF calls for urgent response to boost faltering global growth
Washington-based lender says global economy is 'highly vulnerable to adverse shocks'.
US markets round-up: Stocks rebound to close up as oil prices stablise
The Dow Jones, S&P 500 and Nasdaq composite all close up less than 1%.
Market round-up: Miners and luxury brands drag FTSE and European stocks firmly lower
BHP, Rio Tinto, Anglo American and Glencore all firmly in the red as FTSE sinks, while oil prices tumble again.
Weir Group swings to annual loss and warns outlook for 2016 remains challenging
Engineering group said ongoing slump in commodity prices will negatively impact its 2016 results.
Asian markets: China's Shanghai Composite down as oil prices decline after Saudi Arabia warning
Saudi Arabia's Oil Minister Ali al-Naimi says there is 'no sense wasting our time seeking production cuts'.
Oil crisis: Saudi Arabia oil minister says 'no sense wasting our time seeking production cuts'
Ali al-Naimi's warning seemed to be directed at Russia and Iran.
US market round-up: Dow Jones falls 1.14% as oil prices falter
Stocks suffered after Saudi Oil Minister Ali al-Naimi said proposed production costs will take place.
Asian markets: China's Shanghai Composite down despite positive Wall Street close overnight
All Asian indices were trading lower despite an increase in WTI crude oil prices.
BHP Billiton posts massive half-year loss of $5.7bn
Mining giant slashes interim dividend by 75% to 16 cents per share to protect balance sheet.
US oil production will reach all-time high in 2021, International Energy Agency report says
Oil output in the US will decline over the next two years before reaching all-time high, according to the IEA.
Japan shares rise despite factory slowdown
Japanese manufacturing PMI falls to 50.2 in February from 52.3 in the previous month.
Venezuelan petrol prices soar 6,000% to 42p a litre
South American country will still have the cheapest fuel prices in the world.
Asian stock markets down after negative Wall Street close
China's Shanghai Composite Index and other indicators react to oil price fall.
Oil crisis: Prices decline again after Saudi Arabia refuses to cut production
Saudi foreign minister Adel al-Jubeir dismisses Doha agreement to cut output.
Asian markets: China's Shanghai Composite and rest of Asia trade higher as oil prices recover
Oil prices have bounced back after Saudi Arabia and Russia agreed to freeze output.
US markets: Stocks report largest three-day gains since August as oil prices rally
Dow Jones and S&P 500 posted their first three-day win streak this year.
Oil crisis: Iran to continue increasing production, saying freezing output would be 'illogical'
Iran's OPEC envoy says Tehran will not commit to a deal between Saudi Arabia and Russia over capping output
Asian markets: Barring China's Shanghai Composite, Asian indices trade lower despite positive Wall Street close
Oil prices were in the green after Saudi Arabia and Russia decided to freeze their production levels.
Oil crisis: Opec members to persuade Iran to join Saudi Arabia and Russia in freezing output
Oil ministers of Venezuela and Iraq are travelling to Tehran to discuss the issue.
Why we should be cautious of Saudi Arabia and Russia's oil deal
Saudi Arabia, Russia, Venezuela and Qatar agree to freeze oil output at January levels.
UK inflation hits one year high as petrol price slump weakens
Air fares fell more than they did in the 12 months to January 2015, weighing down core inflation.
Saudi Arabia agrees to freeze oil production after emergency talks in Doha
Decision to freeze production to January levels is 'adequate' after meeting with Russia and Iran.
Anglo American full-year loss doubles as revenue slumps on lower commodity prices
Mining giant posts $5.5bn loss in 2015, as earnings plummet 55% despite cost-cutting measures.
Asian markets: China's Shanghai Composite trades higher following rebound in oil prices
Recovery also attributed to encouraging US economic data.
Oil crisis: Investors begin to capitalise on low prices as slowdown fears are overdone
DeVere Group CEO claims low oil prices could be beneficial and panic over 'minor bump' was exaggerated.