The General Motors Chevrolet Volt is unveiled before the  Consumer Electronics Show in Las Vegas. GM’s December sales were 19 per cent up year on year.  Photographer: David Paul Morris/Bloomberg

Falling fuel prices and an accelerating economy lifted US car sales last month, helping to make 2014 one of the strongest years for an industry that f(...)

China stocks closed up more than 2 per cent on Wednesday, boosted by a late afternoon rally which helped the stock market become the best performer among major global bourses this year. (Photograph: Aly Song/Reuters)

Oil headed for the biggest annual decline since the 2008 global financial crisis as US producers and the Organization of Petroleum Exporting Countries(...)

Technicians work to repair an oil pump at an oil field on the outskirts of Karamay in the Xinjiang region of China.Photograph: Gilles Sabrie/The New York Times

Brent oil has fallen to a five-and-a-half-year low under $57 per barrel, as persistent worries about a global supply glut offset concerns about output(...)

A fall in crude stockpiles in the United States may have supported a price increase but sentiment points to further likely decreases.

Brent crude rose above $70 a barrel on Thursday, gaining nearly 1 per cent along with US futures as a fall in crude stockpiles in the United States su(...)

Oil prices are now languishing at less than $80 a barrel mark, around 30 per cent below a peak they hit in June and from which they have fallen with i(...)

The price of oil continues to fall as a global supply glut grows. (Photograph: Brian Snyder/Reuters)

Brent oil dropped to a new four-year low below $82 a barrel on Wednesday, a fifth straight day of losses, as weak economic data from China and Europe(...)

OPEC, which produces about 40 per cent of the world’s crude oil, is due to meet in late November to discuss output targets

Brent crude fell to just above $88 a barrel on Tuesday in a well-supplied market as expectations faded that OPEC could cut output in an effort to shor(...)

Brent futures eased towards $107 a barrel today as the global supply outlook improved with more Libyan supplies expected to reach the market, a(...)

Markets from Istanbul to Sao Paulo remained under stress today despite rate hikes in Turkey and South Africa. Photograph: Yuya Shino/Reuters

Emerging market currencies slumped today even after Turkey and South Africa aggressively raised interest rates to stop capital flight, as investors br(...)

South African Mineral Resources Minister Susan Shabangu: made announcement at a briefing in Pretoria following a cabinet meeting. Photograph: Getty Images

All new oil and gas projects in South Africa will have to cede a 20 per cent free stake to the state under new legislation approved by government, min(...)