oil prices

High Street retailer Debenhams warns consumers are cautious about spending during cuts.

Supermarkets also attracted bets as investors waited out Greek debt storm.

Energy company warns something substantial needs to be done t combat the continuing rise of carbon emissions

The Iraqi government and the KRG have clashed on unspecified parts of an oil deal made in December.

In Norway, petrol prices are 26% higher than that in the UK, where price per litre is £1.21.

Scottish First Minister had chatshow host Stewart in stitches.

Shale oil boom in US is expected to come to halt amid oil price cartel Opec's unchanged production target.

Agreement expected to be submitted to IMF executive board for consideration.

Oil hit its lowest price in six years in January, $45 a barrel, but has since climbed up to trading near $62.

With its ever-increasing oil demand, India is expected to become prime customer for Opec members.

Increase in oil production and continued government spending will help support country, says IMF.

The airline achieved a 67% jump in annual profit after an 18% rise in passenger numbers.

Pipeline ruptured along the scenic California coastline spills 21,000 gallons of oil into the ocean.

Recent rally in oil prices would force producers to drill, adding to existing glut, says Goldman Sachs analysts.

Morgan Stanley's giant physical oil trading business is the largest and oldest on Wall Street.

Brent crude could trade at an average price of $60 a barrel in the third-quarter of 2015 and then rise to $65 a barrel.

Fresh job cuts come in addition to 7,800 announced in February.

Brent crude futures trading at $67.25 per barrel.

Saudi Arabia's oil minister Ali Al-Naimi says that only Allah knows where crude prices are heading.

Oil major has been hit by collapse in crude prices.

Britain said it would revoke Fridman's licences if sale is not completed on time.

Has a rush to buy up oil and gas companies just started?

Islands referred to as Malvinas in Argentina thought to be rich in resources.

Oil prices still keeping the upward trend since mid-January.

Brent crude price, the global benchmark, is down 1.42% at $58.26 per barrel as at 12.30am ET.

A shale oil boom in the US has reduced the world's leading oil consumer's dependency on Opec crude.

During 2014, US oil production increased by 1.2 million barrels per day to 8.7 million barrels per day.

European Benchmark Brent oil fell to $55.50 a barrel as Iran talks resumed in Switzerland.

Ships crossing from the Middle East to Europe must pass Yemeni strait of Bab el-Mandab.

US oil magnate and BP Capital boss T Boone Pickens says the idea of 'peak oil' should not be dismissed.