US oil fell towards $27 a barrel and its lowest since 2003, on worries about global oversupply. Photo: Bloomberg

Oil extended its decline from the lowest close in more than 12 years before weekly US government data forecast to show crude stockpiles expanded, exac(...)

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt

Global equity markets dropped to their lowest levels since 2013 on Wednesday to put them on track for one of their worst monthly performances on recor(...)

Consumers will welcome the sustained sharp fall in the oil price in recent months which has seen a litre of petrol drop from €1.70 less than four year(...)

Iran plans to raise output by half a million to 1 million barrels per day post lifting of sanctions

Oil prices eased on Monday after data showed some of Asia’s largest economies are struggling, which offset a boost from a breakdown in diplomatic ties(...)

Brent crude dropped $1.60 to $36.33 a barrel – the lowest in seven years – edging closer to the December 2008 intraday low of $36.20 a barrel. Photograph:  Balint Porneczi/Bloomberg

Oil fell to a seven-year low on Monday and close to the levels hit during the financial crisis amid increased expectations of a persistent oversupply (...)

Crude oil futures fell for a seventh straight session on Monday, their longest losing streak since mid-2014. Photo: Bloomberg

Crude oil futures fell for a seventh straight session on Monday, their longest losing streak since mid-2014, as a forecast from the International Ener(...)

The UN conference on climate change in Paris from November 30th-December 11th provides a greater cause for optimism than any previous climate summit. Photograph: Bertrand Guay/AFP/Getty Images.

As Paris recovers from the shock of the recent horrific attacks, the City of Light also stands as a beacon of hope for the world as it prepares to hos(...)

Crude inventories have continued to rise at more than 1 million barrels a day, with storage tanks filling quickly and lines of ships forming at key ports

Oil inventories have swelled to the highest level on record as crude producers intensify the battle for market share, putting unprecedented strain on (...)

France’s president François Hollande and his Chinese counterpart Xi Jinping after a joint news conference at the Great Hall of the People in Beijing, China, on Monday. Photograph: Jason Lee/EPA

A joint statement on climate change signed by France’s president François Hollande and his Chinese counterpart Xi Jinping this week has been hailed as(...)

Labourers work at a refinery in Jingmen, in central China’s Hubei province.

Oil prices fell on Friday after Goldman Sachs cut its crude forecasts, citing global over-supply and concerns over the health of the Chinese economy, (...)