A member from the oil police force stands guard at Zubair oilfield in Basra, southeast of Baghdad. Photograph: Essam Al-Sudani/Reuters

Brent crude held above $114 a barrel today near a nine-month high, supported by concerns about potential supply disruptions due to fighting in Iraq. B(...)

The resumption of oil production at Libya’s El Sharara field has also weighed on prices. Photograph: Shawn Baldwin/Bloomberg

Brent crude edged down towards $106 a barrel today as the prospect of a rise in Iranian oil exports weighed, while investors looked ahead to weekly oi(...)

Bono criticised the US oil lobby for killing a bill that would have forced greater transparency: “You can’t give alms to the poor on one level and have your hands on their throat on the other.” Photograph: Ramin Talaie/Getty Images

It was an impression of which any great impersonator would be proud. Bono nailed Bill Clinton’s southern drawl when he took advantage of a delay at(...)

Oil prices have come tumbling down over the past month as supply has improved, with Libya ramping up output, while tensions over Syria and Iran eased.  Photograph: Shawn Baldwin/Bloomberg

Brent crude extended losses below $108 a barrel today on concerns the US government shutdown would reduce demand for commodities, while expectations t(...)

Brent crude edged up to near $111 a barrel this morning as rising tensions in Syria raised the prospect of more military action in the Middle East.

Brent crude edged up to near $111 a barrel this morning as rising tensions over a suspected chemical weapons attack in Syria raised the prospect of mo(...)

Oil prices on both sides of the Atlantic have risen today, with the US benchmark climbing to a 14-month high near $105 per barrel. Photograph:  Oleg Nikishin/Getty Images.

Oil prices on both sides of the Atlantic have risen today, with the US benchmark climbing to a 14-month high near $105 per barrel, buoyed by a bigger(...)

Brent futures dropped toward $102 this morning after an unexpected jump in oil inventories in the world’s largest consumer, the United States. Photo: Bloomberg

Brent futures dropped toward $102 this morning after an unexpected jump in oil inventories in the world’s largest consumer, the United States, while p(...)

Brent crude rose 16 cents to $102.59 a barrel this morning after the biggest fall in almost a month yesterday. Photograph: Lucy Nicholson/Reuters

Brent futures rose toward $103 a barrel today as the dollar weakened, regaining ground from their biggest slide in almost a month the day before.The d(...)

Brent futures dropped further below $104 per barrel this morning, as data showed a surprise jump in US gasoline stockpiles.

Brent futures dropped further below $104 per barrel this morning, as data showing a surprise jump in US gasoline stockpiles and worries that pe(...)

The crude benchmark fell more than 7 per cent during April, its biggest monthly decline in 11 months. Photograph: Lucy Nicholson/Reuters

Oil futures eased to near $102 a barrel today as fresh concerns over economic growth in the world’s top oil consumers, China and the United Sta(...)