After a couple of weeks of rises during which oil prices gained 35 per cent, today they fell back by $1 to $61 [...]
The oil price rally appeared to be losing steam today with investors turning their attentions to the global supply [...]
Saudi Arabia and its fellow Opec members are set to make a massive comeback and regain control of the world’s [...]
Aberdeen-based energy service company Wood Group expects to cut back on $30m (£19.5m) worth of expenses in 2015.
The long-term view of UK inflation is much more positive than January’s figures suggest. Yesterday’s numbers [...]
Warren Buffett’s Berkshire Hathaway shed its holding in Exxon Mobil in the fourth quarter of 2014 as the company [...]
Landfill gas business Infinis Energy reported revenue of £129.9m for the nine months ended 31 December 2014, [...]
Brent crude oil rose sharply to more than $62.17 per barrel today, its highest price since December. [...]
HSBC was at the centre of a scandal that only progressed along with the week. By Friday it was facing a grilling [...]
The price of oil has nudged back above $60 per barrel for the first time since the end of last year, after a closely-watched [...]
Bank of England governor Mark Carney revealed yesterday that interest rates could drop even further below their [...]
Oil and gas producers are facing an "economic triple whammy" as plummeting oil prices squeeze revenues, forcing [...]
Irish oil firm Tullow Oil reported a $2bn (£1.3bn) pre-tax loss, its first in 15 years, amid crumbling oil prices. [...]
World growth will not surge on falling oil prices, analysts at Moody’s said today, because problems in the Eurozone [...]
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