BP's profit slump buffered by higher output, trading BP's first quarter profits fell by nearly a third but beat forecasts as lower oil and gas prices and weaker refining margins were offset by … Business • 30 Apr 19
US oil giant Chevron to buy Anadarko for $33 billion Chevron said today it will acquire smaller US rival Anadarko for $33 billion in a deal that strengthens the US oil giant's exploration and production … Business • 12 Apr 19
Saudi Aramco 'made $224 billion profit' last year Saudi Aramco, the world's largest oil company, posted $224 billion in earnings before tax last year, Fitch Ratings said today, as the secretive giant opens … Business • 01 Apr 19
Oil consumption here continues to increase The organisation representing the petroleum industry here has pledged to play its part in Ireland's transition to a low carbon and environmentally sustainable economy. Business • 25 Mar 19
Oil up nearly 3% on Saudi and OPEC cuts Oil prices gained nearly 3% today, supported by OPEC-led production cuts, which Saudi Arabia said it would surpass by more than half a million barrels … Business • 12 Feb 19
Shell's 2018 profits soar to four-year high Royal Dutch Shell has vowed to stick to spending discipline this year even as 2018 profits jumped by more than a third to their highest … Business • 31 Jan 19
Oil falls back to $60 on concerns about China slowdown Oil slipped to around $60 a barrel today after data showed weakening imports and exports in China, the world's second-largest oil consumer, raising the prospect … Business • 14 Jan 19
Oil on track for weekly gains on trade talk hopes Oil prices rose slightly today, putting them on track for solid weekly gains after financial markets strengthened due to hopes the US and China may … Business • 11 Jan 19
Oil prices gain 2% extending rally from December lows Oil prices rose by 2% today, extending a rally from 18-month lows hit in December with support from OPEC production cuts and steadying equity markets. Business • 07 Jan 19
Oil steady near 18 month lows after profit-taking Oil prices steadied today after a week of volatile trading, shedding early gains on profit-taking ahead of the New Year holiday and pressured by concerns … Business • 28 Dec 18
Oil prices fall over 1% as US stock markets retreat Oil prices fell today after rebounding 8% in the previous session, with prices pressured by concerns over a faltering global economy and worries about a … Business • 27 Dec 18
Oil rises on signs recent low prices reducing US output Oil markets have risen today on signs that the recent price plunge may start crimping supply from the United States, currently the world's biggest crude … Business • 24 Dec 18
Oil slumps 4% to lowest level in a year Oil prices fell more than 4% today, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand … Business • 20 Dec 18
Oil slumps to fresh one-year lows in markets rout World oil prices have tumbled today to strike the lowest levels in more than a year, hit by a markets rout that is rooted in … Business • 18 Dec 18
Oil drops as oversupply, economic growth worries weigh Oil prices fell about 1% today on signs of oversupply in the United States and as investor sentiment remains under pressure from concern over global … Business • 17 Dec 18
Oil creeps back above $60, but growth doubts curb gains Oil prices rose above $60 a barrel today, recovering some of the previous session's near-7% fall, although uncertainty over global economic growth limited the gains. Business • 26 Nov 18
Oil prices sink on supply glut fears Oil prices have extended a sharp plunge today to hit the lowest levels in more than one year on fears of a global supply glut. Business • 23 Nov 18
Oil above $63 after slide, but glut worries persist Oil bounced above $63 a barrel today to claw back some of the previous day's 6% plunge, lifted by a report of an unexpected decline … Business • 21 Nov 18
Tullow Oil expects full-year cash of $700m Tullow Oil today forecast that its net debt would drop to $2.8 billion by the end of the year. Business • 15 Nov 18
Oil up as Saudi warns weaker demand may warrant cut Oil rose by more than 1% today, set for its largest one-day increase in a month after Saudi Arabia said OPEC and its partners believed … Business • 12 Nov 18
Oil falls below $70 as US crude enters 'bear market' Oil prices fell to multi-month lows today as global supply increased and investors worried about the impact on fuel demand of lower economic growth and … Business • 09 Nov 18
Oil up as US imposes sanctions on Iran, Tehran defiant Oil prices recovered some ground today after five days of heavy losses as the US imposed a range of punitive sanctions on Iran, aiming to … Business • 05 Nov 18
Shell's quarterly profits soar to four-year high Royal Dutch Shell's third quarter profits soared to their highest in four years, boosted by rising crude prices as the company pushed ahead with one … Business • 01 Nov 18
Oil prices higher as US sanctions limit Iran exports Oil prices rose today, supported by concerns that falling Iranian output will tighten markets once US sanctions bite from November, but gains were limited by … Business • 03 Sep 18
Oil prices slip over concerns of economic slowdown Oil prices have dipped today, with US crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit … Business • 17 Aug 18