Oil price

Global oil demand forecast lowered for 2020 and 2021
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In Brief

Global oil demand forecast lowered for 2020 and 2021

IEA report says jet fuel demand remains the major source of weakness
14 Aug 2020
Are US-Iran tensions flaring again?
Strait of Hormuz
In Depth

Are US-Iran tensions flaring again?

Trump threatens military action over Twitter
23 Apr 2020
How is Russia coping in the pandemic?
Vladimir Putin
In Depth

How is Russia coping in the pandemic?

Plummeting oil prices are combining with Covid-19 to badly damage the Russian economy
23 Apr 2020
What do negative oil prices mean?
US oil
In Depth

What do negative oil prices mean?

Perfect storm of oversupply and storage shortages sees producers paying to get rid of US crude
21 Apr 2020
Global oil storage almost ‘overwhelmed’ as price plummets
A flame torch at the Total refinery in Donges, western France
In Depth

Global oil storage almost ‘overwhelmed’ as price plummets

Industry facing ‘toughest month ever’ as demand hits 25-year low
16 Apr 2020
Can a deal be struck to raise oil prices?
Russian oilfield
In Depth

Can a deal be struck to raise oil prices?

Opec+ will convene today over video link in a bid to boost crude
9 Apr 2020
Oil price continues to tumble: will petrol get cheaper?
Oil rigs in Cromarty Firth June 10th 2019, Cromarty, Scotland, United Kingdom. The Cromarty Firth is used by oil rig companies for its shelter and close proximity to the North Sea and oil fie
In Depth

Oil price continues to tumble: will petrol get cheaper?

As Covid-19 cripples the economy, lower fuel prices and reduced inflation may provide some relief
26 Mar 2020

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The Week Unwrapped: Arctic chlamydia, oil and ‘nolo’ beer
Arctic Ice
In Depth

The Week Unwrapped: Arctic chlamydia, oil and ‘nolo’ beer

How did an STI get to the Arctic seabed? What’s going on with the price of oil? And why are we drinking more low-alcohol beer?
13 Mar 2020
‘Black Monday’ panic as global markets crash
A trader reacts on the New York Stock Exchange on Black Monday 9 March. Photo by TIMOTHY A. CLARY/AFP via Getty Images
In Brief

‘Black Monday’ panic as global markets crash

Oil price experiences biggest decline since 1991 Gulf War slump before closing 20% down
10 Mar 2020
Oil prices plunge as Russia feuds with Saudi Arabia
A Kuwaiti trader checks stock prices at Boursa Kuwait in Kuwait City, on March 8, 2020. - Kuwait Boursa authorities stopped trading after the Premier Index slumped 10 percent while the All-Sh
In Depth

Oil prices plunge as Russia feuds with Saudi Arabia

Riyadh is retaliating against Moscow’s refusal to cut oil production in response to coronavirus
9 Mar 2020
Opec to cut oil production as coronavirus hits
Abdulaziz bin Salman, Saudi Arabia's energy minister, fifth left, stands with other delegates for a minutes silence to pay tribute to the recently deceased Fadhil Chalabi, former acting secre
In Depth

Opec to cut oil production as coronavirus hits

Plummeting prices mean oil-selling nations want production cut, but they must act together and Russia seems reluctant
6 Mar 2020
What will happen in 2020?
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In Depth

What will happen in 2020?

From the Olympic Games and US presidential election to Beethoven’s anniversary and a cannabis referendum
23 Jan 2020
How high will oil prices rise after Iran attack?
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In Brief

How high will oil prices rise after Iran attack?

Brent crude breaches $70 mark and prolonged conflict could send it higher
7 Jan 2020
Saudi Aramco valued at $1.7 trillion in world record IPO
An employee walks past crude oil storage tanks at the Juaymah Tank Farm in Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia, on Monday, Oct. 1, 2018. Saudi
In Depth

Saudi Aramco valued at $1.7 trillion in world record IPO

The Saudi government will retain a 98.5% stake in what will be the most valuable public company ever
6 Dec 2019
Saudi Aramco flotation: the risks and opportunities
Mohammed bin Salman, the crown prince of Saudi Arabia
In Depth

Saudi Aramco flotation: the risks and opportunities

Crown Prince Mohammed bin Salman wants to diversify the oil-dependent kingdom’s economy
11 Nov 2019
Could Saudi Arabia weaponise oil again?
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In Brief

Could Saudi Arabia weaponise oil again?

Gulf kingdom responds to sanctions threat by evoking memories of the 1973 oil crisis
22 Oct 2018
Why did Saudi Arabia call off Aramco flotation?
wd-saudi_aramco_-_fayez_nureldineafpgetty_images.jpg
In Brief

Why did Saudi Arabia call off Aramco flotation?

Gulf state denies report biggest stock listing of all time postponed
24 Aug 2018
Venezuela inflation to hit 1,000,000% by year’s end
Students take part in a protest against Venezuelan President Nicola Maduro in Caracas
In Brief

Venezuela inflation to hit 1,000,000% by year’s end

Calls to ‘dollarise’ the country likely to fall on deaf ears as country nears collapse
15 Aug 2018
Why fuel prices are rising at fastest rate in 18 years
Drivers have seen the price of petrol surge over the past year
In Brief

Why fuel prices are rising at fastest rate in 18 years

Soaring oil prices and weak pound blamed, but are customers still being short-changed?
6 Jun 2018
Oil prices hit four-year high
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In Brief

Oil prices hit four-year high

US withdrawal from Iran nuclear deal, deteriorating situation in Venezuela and Opec cuts drive up Brent Crude prices
8 May 2018
Can Emmanuel Macron save the Iran nuclear deal?
French President Emmanuel Macron is on a state visit to the US
In Brief

Can Emmanuel Macron save the Iran nuclear deal?

French President faces uphill battle to win over Donald Trump as US exit looms
25 Apr 2018
US to be crowned oil king of the world
bw-saudi_oil.jpg
In Brief

US to be crowned oil king of the world

Saudi Arabia and Russia are set to be overtaken as the energy world order is upended
5 Jan 2018
Oil prices highest in two years after Saudi purge
the price of oil has not been this high since July 2015
In Brief

Oil prices highest in two years after Saudi purge

Rising prices could hit British drivers and intensify inflation threat facing UK
7 Nov 2017
Oil price posts two-year highs - but how long can it last?
Oil drills
In Depth

Oil price posts two-year highs - but how long can it last?

Brent rose above $59 a barrel this week, its best third-quarter showing since 2004
30 Sep 2017
Aramco flotation prompts dramatic U-turn in Saudi oil policy
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In Brief

Aramco flotation prompts dramatic U-turn in Saudi oil policy

Proposed sell-off sees Riyadh turn from dove to price hawk
29 Sep 2017
Shell sets up renewable energy unit to avoid 'brutish end'
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In Brief

Shell sets up renewable energy unit to avoid 'brutish end'

Company reckons new operation could become "very big – but not for a decade"
16 May 2016
BP investors rebel over boss Bob Dudley's £14m pay
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In Brief

BP investors rebel over boss Bob Dudley's £14m pay

Almost 60 per cent of shareholders vote against 20 per cent rise after group's worst ever loss
15 Apr 2016
Shell shareholders back $50bn BG takeover
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In Brief

Shell shareholders back $50bn BG takeover

Green light despite some opposing deal that was struck when the oil price was much higher
28 Jan 2016
Five reasons the FTSE is in 'correction'
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In Brief

Five reasons the FTSE is in 'correction'

A commodities rout is being worsened by a slowdown in China
21 Aug 2015
From oil to gas: how businesses can make the change
Gas flame
Sponsored

From oil to gas: how businesses can make the change

These days, even companies in remote rural settings can benefit from the cost savings associated with gas
11 Jun 2015
OIL STRIKE: Billions of barrels found near Gatwick
Oil drill
In Brief

OIL STRIKE: Billions of barrels found near Gatwick

Most experts warn that fracking would be needed to extract commercial quantities of oil from the region
9 Apr 2015
LOW INFLATION: Should we fear falling prices?
Petrol pump
In Depth

LOW INFLATION: Should we fear falling prices?

Chancellor insists that the sharp fall in inflation should not be confused with deflation
14 Jan 2015
The best investments of 2014 – and the worst
stock-market.jpg
In Depth

The best investments of 2014 – and the worst

The FTSE 100 had a solid rather than a stellar year, but those who put their money in US investments had better luck
1 Jan 2015
Rouble rebounds as Russia sells foreign exchange
The rouble
In Brief

Rouble rebounds as Russia sells foreign exchange

Analysts fear effect will be temporary after a wild ride for the rouble forces Apple to halt Russian sales
17 Dec 2014