Hassan Rouhani, Iran’s president,  leaves a session on the opening day of the World Economic Forum  in Davos, Switzerland, today.  Photograph: Jason Alden/Bloomberg

Iranian president Hassan Rouhani said today it was possible to turn more than three decades of enmity with the US into friendship if both sides made a(...)

Pump jacks are seen in the Midway Sunset oilfield, California. The US will become the world’s largest oil producer next year  thanks to its shale oil boom. Photograph: Lucy Nicholson/Reuters

The United States will become the world’s largest oil producer next year - overtaking Russia - thanks to its shale oil boom which has transformed the (...)

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(...)

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(...)

Brent crude slips below $101
  • World
  • April 15, 2013, 08:10

Oil futures fell more than $2 today, with Brent hitting a fresh nine-month low below $101 a barrel, after Chinese and US data stoked investors'(...)

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