Photograph: iStock

Oil prices dipped on Wednesday after industry data showing a build in US crude stockpiles added to worries about oversupply, but hopes for a swift eco(...)

Photograph: iStock

Oil prices rose on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual(...)

Photograph: iStock

Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the co(...)

Coronavirus has sent the oil sector into a state of crisis, with lockdowns and travel bans slashing global demand for crude by as much as a third. Photograph: Johannes Eisele/AFP

The price of US crude oil for June delivery almost halved on Tuesday and Brent, the international benchmark, dropped below $20 per barrel for the firs(...)

Photograph: iStock

Oil prices climbed on Wednesday, bouncing back from the previous session’s large losses, as investors looked for bargains and supported by hopes that (...)

Photograph: David McNew/AFP via Getty Images

Oil prices fell for a third session on Wednesday to be down about 17 per cent so far this week as the outlook for fuel demand darkened amid travel and(...)

A trader reacts on the floor at the New York Stock Exchange on Monday.  Trading on Wall Street was temporarily halted  after the S&P 500’s losses hit 7 per cent. Photograph: Timothy A. Clary/AFP via Getty Images

The Irish stock market slumped on Monday – bringing its losses over 11 days of trading to €22.7 billion – with share prices tumbling globally as a sta(...)

“The markets are in a state of panic, with the perfect storm of a lot of bad news over the weekend in relation to the coronavirus in Europe and the US as well as developments in the oil markets.”

Was the stock market slump on the last week of trading in February – which saw European shares and the Wall Street’s Dow Jones Industrial Average slum(...)

Red Cross medics measure the temperature of participants of the 178th Organization of Petroleum Exporting Countries (Opec) meeting in Vienna, Austria. Photograph: Alex Halada / AFP

Opec+ agreed on Thursday to cut output by an extra 1.5 million barrels per day in the second quarter of 2020 to support prices, but made it conditiona(...)

US president Donald Trump threatened to impose sanctions on Iraq, the second largest producer among OPEC.

Oil prices rose a further 2 per cent on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in(...)

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