Global oil prices have crashed after the coronavirus pandemic reduced demand. Photograph: Jane Barlow/PA Wire

Oil prices slumped again on Tuesday amid concern about dwindling capacity to store crude worldwide, heightened by fears that fuel demand may be slow t(...)

Futures on the S&P 500 Index slid more than 2.5 per cent after Donald Trump warned of a “painful” two weeks ahead Photograph: Johannes Eisele/AFP via Getty Images

Irish and European shares turned lower in early trading on Wednesday, following two days of tentative gains, as US president Donald Trump changed his (...)

A meeting of Opec’s oil ministers took place on Thursday. Photograph: Heinz-Peter Bader/Reuters

The world’s biggest oil producers have agreed to extend a deal to curb oil production throughout 2018 to shrink swollen stockpiles and keep prices abo(...)

A Panamanian-flagged  oil tanker  anchored 14km south of Singapore. Traders are again hiring oil tankers to store unsold crude while they wait for higher prices. Photograph: Reuters

Oil prices were not far off six-month lows, held down by a supply overhang that persists despite an Opec-led effort to cut production and prop up crud(...)

A US  guided-missile destroyer launching a  strike  from the Mediterranean Sea. The  attack against al-Shayrat military airfield near Homs, Syria, caused oil prices to surge   more than 2%. Photograph: EPA

Oil prices surged more than 2 per cent to a one-month high on Friday after the United States launched dozens of cruise missiles at an airbase in Syria(...)

International Brent crude oil futures trading at $54.02 a barrel on Thursday. Photograph: iStock

Oil prices stabilised on Thursday after sharp declines earlier following Wednesday’s US interest rate increase that drove investors out of commodities(...)