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Economics
| Oil Prices
Oil Prices
Exxon Mobil profits fall 66pc
The world's largest publicly traded oil company reports a 66pc fall in secondquarter profits.
BP targets 1bn savings as profits fall by 53pc
BP ramps up costcutting drive as lower oil prices have caused profits to more than halve to 3.1bn.
...
Energy gap means nuclear power is a must
How can the UK secure its energy supply as it moves from importing just 30pc of its gas to having to buy in
...
Motorists being 'ripped off' by petrol above £1 supermarket claims
Petrol prices have failed to fall despite a drop in the price of oil sparking accusations that motorists are being 'ripped off' by retailers.
...
Oil demand forecast to rise in 2010
The International Energy Agency IEA expects demand to increase in 2010 even as crude look set for its steepest weekly drop since January.
...
Nigerian oil rebels attack Lagos
Nigeria's main rebel group has attacked a docking station in Lagos more than 250 miles from its heartland in the Niger delta.
...
UK facing 'energy crunch' as North Sea oil and gas cash dries up
The UK is heading for an "energy crunch" after new oil and gas exploration in the North Sea dropped 57pc in the first
...
Rogue trader could have cost PVM Oil £400m
The "rogue trader" suspected of moving the oil price by up to 2 on Tuesday could have cost his employer 650m if the
...
Oil prices: is there a spike on the horizon?
Have the past 12 months been a blip in oil's relentless charge ahead or were speculators the cause of an unsustainable boom asks
...
US plans to crack down on oil trade speculators
New US rules could cause flight of energy traders to Europe and Asia.
...
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