Why the price of oil matters more than you might think
A shock to oil supplies is rattling financial markets, driving up prices at the pump and raising fears of a bigger economic hit. Read More
A shock to oil supplies is rattling financial markets, driving up prices at the pump and raising fears of a bigger economic hit. Read More
It has been the most volatile day of oil trading in world history, and there is much still to play out. Read More
Official data shows shipments rose by 20% this year with growth in European and other Asia markets. Read More
Finance ministers and the IEA discussed options for stabilising oil prices which surpassed $100. Read More
The conflict in the Middle East could raise the cost of petrol, household energy bills and even food. Read More
The price of crude has surged above $100 on concerns about shortages due to supply disruptions. Read More
Economic consequences are an intrinsic aspect of the Iran conflict, writes BBC economics editor Faisal Islam. Read More
The letter from London’s mayor came as the US moved to designate the company a supply chain risk. Read More
A drone attack on Azerbaijan has narrowed choices for airlines scrambling to respond to disruption in the Gulf. Read More
Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks. Read More