OPEC's decision to cede no ground to rival producers underscored the price war in the crude market and the challenge to U.S. shale drillers.
A four-year low in the price of Brent crude has prompted fears for jobs in the North Sea. Photograph: Danny Lawson/PA. Terry Macalister and Graeme Wearden.
Pressure is mounting on the board of one of Britain's biggest energy firms to scale back a controversial �25million pay package for its new boss.
TOKYO (Reuters) - Japan's annual core consumer inflation slowed for a third straight month in October due to falling oil prices, highlighting the economic gloom facing Premier Shinzo Abe as he campaigns for a new mandate to implement his stalled recovery ...
The Coca-Cola Company, SABMiller and Gutsche Family Investments- with majority shareholders in Coca-Cola Sabco -- have agreed to combine the bottling operations of their non-alcoholic ready-to-drink beverages businesses in Southern and East Africa.