Oil fell below $130 a barrel on Tuesday as a tropical storm moving over the Gulf of Mexico was expected to miss major oil and gas installat...

Oil prices eased to near $144 a barrel on Monday as a US plan to restore confidence in its financial sector shored up the dollar and financ...

Oil cartel OPEC, which this week maintained its production target amid uncertainty over the US economy, could well sit tight again when it ...

Oil is flirting with $100 a barrel. Do not think this just another price spike. It suggests a new geopolitical era when energy increasingly...

Oil prices rebounded by more than a dollar today after news that stockpiles in the world's biggest energy consumer the United States fell a...

OPEC oil exporters have agreed to increase their output by about 2.0 per cent from next month, but oil markets are set to remain tense for ...

Iraq and Nigeria are large oil producers and members of the 11-strong Organisation of Petroleum Exporting Countries (OPEC).

Climate change, the subject of a key independent report published this week, could push oil prices lower in the long term as warmer air red...