CONSETT, England John Mawson and his wife Sandra live in a cramped one-storey home on a hill near Consett, an old steel town in the north east of England. They have been company directors for years, and between them serve 15 firms. But John had no idea what their companies did until a few years ago, when he looked online. | Video
LONDON Crude oil prices bounced back on Wednesday from steep falls in the previous session as government data showed that U.S. crude stocks fell last week for the third straight week.
LONDON Brent crude futures slipped on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, but a weaker dollar helped to put a floor under prices.
LONDON Oil prices fell on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, withdrawing further from a rally that saw Brent crude futures touch a 4 1/2 month high on Friday.
LONDON U.S shale oil production will flatten and slightly decline in the second quarter of 2015 as companies cut their capital spending to cope with lower oil prices, energy consultancy PIRA said on Tuesday.
LONDON The shuttered Milford Haven oil refinery in Wales will be turned into a storage site by Puma Energy, as the firm co-owned by Swiss commodity giant Trafigura and Angola's state oil company looks to capitalise on Britain's growing need for fuel imports.
LONDON/NEW YORK Billions of dollars are pouring into oil exchange-traded funds as investors, many of them small savers more familiar with stocks than commodities, risk big losses and focus on the chance of huge rewards.
LONDON/NEW YORK Billions of dollars are pouring into oil exchange-traded funds as investors, many of them small savers more familiar with stocks than commodities, risk big losses and focus on the chance of huge rewards.
LONDON/NEW YORK, March 5 Billions of dollars are pouring into oil exchange-traded funds as investors, many of them small savers more familiar with stocks than commodities, risk big losses and focus on the chance of huge rewards.
LONDON Britain's net imports of petroleum products more than tripled last year after a new wave of refinery closures and capacity cuts left the country unable to meet its demand.
GAZA/JERUSALEM (Reuters) -As the war between Israel and Hamas militants in the Gaza Strip lit up the skies and sent civilians running for cover for a fifth night running on Friday, diplomats stepped up efforts to try and end the violence.