Many Arab countries have fostered ties with Moscow
Previous session saw losses of nearly 3% and IEA forecasts 5% fall in global energy demand
Company makes prediction for prices already languishing at their lowest in a year
Wholesale electricity prices fell 13 per cent in December, Bord Gáis index shows
Iraq and Pakistan have offered to mediate talks between regional adversaries Iran and Saudi Arabia
Saudi Arabia and Abu Dhabi set to benefit from US move to make Tehran capitulate
Bank of Ireland rallies as Bank of America Merrill Lynch recommends ‘buy’
Opec has been trying to cut global supply but US provides counterbalance
Analysts say euro strength against sterling beneficial for Irish energy customers
King Salman embarks on three-day visit to Moscow as part of major policy shift
Record flooding in Texas, cripples 4.4m daily barrels of refining capacity
Oil inventories drop by 9.2m barrels while output from Libya rebounds
Deepening output cuts may spark rally but encourage bigger flow from US shale
Longest rally this year falters as Russia signals opposition to further Opec cuts
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