Creator
Jane Merriman
Oil price drops as demand worries trump Opec
Oil fell below a barrel on Wednesday, pressured by a gloomy outlook for the global economy.
Dotcom crash, credit crunch … oil bubble?
The dotcom bust shook the world almost a decade ago, last year the credit crunch seized up markets, and now an oil price bubble may cause more havoc.
Oil sets new record high of $122 a barrel
Oil set a new record high of a barrel on Tuesday, the latest spurt in an advance that has seen prices double over the past 12 months. Supply disruptions in Nigeria, where a…
Oil sets new record near $120
Oil hit a new record near a barrel on Monday, boosted by a string of bullish factors that include a United Kingdom refinery strike and disruptions to Nigeria’s output that…
Oil hits new record above $118 a barrel
Oil rose to a record high above on Tuesday, boosted by a jump in oil demand last month from China, the world’s second biggest energy consumer, and worries about supply from key…
Oil pauses below record highs, awaits Opec decision
Oil eased on Tuesday after it reached a record of almost a barrel in the previous session, buoyed by investor demand for commodities as well as expectations Opec will not…
Oil hits record high after Opec fails to calm market
Oil hit a record high of nearly $79 a barrel on Wednesday, after the Organisation of the Petroleum Exporting Countries’s (Opec) modest output increase failed to allay winter…