An oil pump is seen operating in the Permian Basin near Midland, Texas, US . Photograph: Ernest Scheyder/Reuters

Oil prices rose by more than 1 per cent in early Asian trading on Friday, pushed up by uncertainty over whether Opec would manage to agree a productio(...)

A petrol pump is seen hanging at a petrol station in central Seoul

Crude prices stabilised on Tuesday along with Asian stock markets, following heavy losses late in the previous session, although weak market fundament(...)

Iran hopes to ramp up oil exports following expected removal of sanctions after deal on its alleged nuclear weapons development programme

Oil prices jumped in early trading of its first session in the New Year as relations between major crude producers Saudi Arabia and Iran deteriorated,(...)

Fuel pump nozzles branded with the Shell logo sit at a gas station, operated by Royal Dutch Shell  in Brussels. Photographer: Jock Fistick/Bloomberg

Oil prices continued their rout on Tuesday with Brent crude and US WTI both falling to their lowest in almost six years, as a persistent global supply(...)

Oil fell more than $2 a barrel to a five-year low in Asian trade on Monday, extending a steep sell-off. Photo: Bloomberg

Oil prices have hit five-year lows as slowing factory activity in China and Europe added to the impact of Opec’s decision to maintain supply, hammeri(...)