BP completes $20.8bn oil spill agreement

2015-10-05 19:09

Oil company BP has completed a $20.8bn agreement with the US government and states on the Gulf of Mexico to settle claims over the 2010 oil spill.

China eyes oil shake-up with new crude futures

2015-10-04 14:30

China is seeking to assert its growing influence on global oil markets with a yuan-denominated crude futures contract.

Oil higher in Asia ahead of US jobs report

2015-10-02 07:37

Oil prices have climbed in Asia ahead of the release of a US jobs report and as a hurricane threatened refineries on the US east coast.

Sasol cautious on resumption of Iran oil imports

2015-10-01 13:56

Sasol has taken a wait and see stance on the resumption of crude oil imports from Iran, after an agreement set the scene for the lifting of sanctions on the country.

Oil prices dip after brief rebound

2015-09-30 14:50

Oil prices have eased after the previous day's modest rebound and ahead of US energy stockpiles data offering an insight into crude demand.

Oil prices rebound on China concern

2015-09-29 14:30

Oil prices have recovered around half of the previous day's losses that had been caused by renewed concerns surrounding the slowing Chinese economy.

Oil prices drop with China, US in focus

2015-09-28 13:45

Oil prices have fallen in the wake of further disappointing data out of China, a key consumer of commodities

Oil market creeps higher after choppy week

2015-09-25 14:01

Global oil prices have held firm at the end of a volatile week that has been marked by jitters over Chinese demand and US supplies.

Oil prices stable after slide

2015-09-24 15:34

The global oil market has held firm after sliding in the previous session in response to rising US oil output.

Oil prices slip as China factory activity index tumbles

2015-09-23 10:08

Oil prices have retreated in Asia after a key measure of manufacturing in China fell to its lowest level in more than six years, signalling a weaker demand.


Oil extends gains in Asia

2015-10-05 07:35

Oil has extended gains in Asia as a decline in US drilling pointed to a slowdown in production, but concerns over demand remain after a disappointing US jobs report.

Oil prices rise amid hurricane threat

2015-10-02 15:30

Oil prices have climbed as a hurricane threatened refineries on the US east coast.

Oil prices advance on US production drop

2015-10-01 14:33

Global oil prices have climbed with a fall in US crude production helping to offset concerns over high crude stockpiles and soft demand.

Oil prices advance in Asia

2015-10-01 07:42

Oil prices have climbed in Asia, holding above $45 a barrel following a fall in US crude production, but fears over global supplies and soft demand continued to cap gains.

Oil prices retreat in Asian trade

2015-09-30 07:42

Oil prices have retreated in Asia as traders focus on US crude stockpile report, after growing fears over China's economy sparked a massive sell-off in shares of commodity firms.

Oil prices volatile in Asian trade

2015-09-29 07:28

Oil prices have been volatile in Asian trade as equities tumbled over concerns the slowing Chinese economy could weigh on global economic growth.

Oil prices ease in Asia

2015-09-28 07:34

Oil prices have fallen in Asia as investors looked for further clues about the health of the Chinese and US economies, the world's top crude consumers.

Oil prices edge up, Iran supply expectations cap gains

2015-09-25 07:21

Oil prices have edged up in Asian trade following a decline in US crude inventories as heavier buying was tempered by expectations a return of Iranian crude into the market.

Oil firms despite China gloom

2015-09-23 14:50

Oil prices have edged higher, in line with rising European equities, but gains were capped by gloomy Chinese manufacturing data.

Volatile oil market drops after brief rally

2015-09-23 07:40

Oil prices have slid once more, reversing sharp gains in the previous session, hit by persistent concerns about oversupply and slower Chinese growth, say analysts.

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