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    1. December 23, 2014

      Saudis dig in to protect Opec’s market share

      Ali al-Naimi, the oil minister of Saudi Arabia, was in no mood to address reporters at Opec’s November meeting, refusing to...

    2. December 23, 2014

      UK motorists benefit from petrol price drop

      British motorists are set to gain from another round of sharp falls in the cost of petrol and diesel as the plunging price...

    Special Reports

    1. Oil & Gas 2012

      An increase in opportunities has galvanised the energy world...
    2. Oil Industry 2013

      A shift on the part of US independents, many of which have been under pressure from sh...
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    1. December 23, 2014

      Opec: the year of cartelling dangerously

      “Oh, and one more thing — price of a brick is going up.” Baltimore druglord Marlo Stanfield delivers a strong signal to the...

    2. December 23, 2014

      Oil heavyweights differ on catalyst for crude price rebound

      Oil is going to rebound. That is the view of both Harold Hamm, a leading figure in the US shale industry, and Ali al-Naimi,...

    3. December 23, 2014

      Oil fall adds to ECB’s deflation worries

      Steep falls in global oil prices are traditionally great news for the world economy and for the oil importers of the...

    4. FT Alphaville

      December 23, 2014

      FirstFT (the new 6am cut)

      We may never see $100 oil again. That’s according to Saudi oil minister Ali al-Naimi, who said Opec producers would not cut...

    5. December 22, 2014

      Rouble rebounds after oil strengthens

      Russia’s currency rebounded after an early boost to oil prices ensured the rouble was the best performing emerging market...

    6. FT Alphaville

      December 22, 2014

      The upcoming petrodollar bifurcation risk?

      One of the still to be appreciated side-effects of falling oil prices is a reduction in so-called petrodollar recycling by...

    7. December 22, 2014

      Oil price slump shot in the arm for global economy, says IMF

      The plunge in the price of oil represents a “shot in the arm” for the global economy which could boost overall world...

    8. December 22, 2014

      Supply is key to commodities’ volatile year

      “Demand hasn’t been bad,” Ivan Glasenberg, chief executive of Glencore, one of the world’s resource companies, told...

    9. December 22, 2014

      Oil’s fall may prompt BoJ easing

      It is a very merry Christmas from Tokyo Electric Power. Last week, Japan’s biggest utility by service area said that the...

    10. December 22, 2014

      Nigerian oil & gas: crude challenges

      A shocking thing happened to Nigeria this year. In July, it dropped off the list of providers of crude oil to the US — the...

    11. FT Alphaville

      December 22, 2014

      Not everyone "deserves" oil market share according to Naimi

      For seasoned oil watchers the latest spew of “informed commentary” hitting the media waves is probably becoming nauseating....

    12. December 22, 2014

      Seplat and Afren in talks over oil merger

      Seplat, the Nigerian oil group that listed its shares in London this year, is in talks with rival Afren over the first major...

    13. December 22, 2014

      Opec leader vows not to cut oil output even if price hits $20

      Opec will not cut production even if the price of oil falls to $20 a barrel, the cartel’s de facto leader said, spelling out...

    14. December 22, 2014

      Transcript: Ali Shamkhani interview

      Ali Shamkhani, Iran’s top security official and secretary of the Supreme National Security Council, was interviewed by the...

    15. December 22, 2014

      BP seeks lower penalty for Gulf of Mexico oil spill

      BP should face a lower penalty for its 2010 oil spill in the Gulf of Mexico than the $16bn-$18bn sought by the US government...

    16. December 22, 2014

      Oil majors pump up FTSE 100

      Oil majors crowded at the top of a resurgent FTSE 100 on Monday, as crude prices held above $60 a barrel after Saudi...

    17. FT Alphaville

      December 22, 2014

      FirstFT (the new 6am cut)

      Saudi Arabia and the United Arab Emirates blamed non-Opec countries for the oil rout and reiterated that they will not cut...

    18. December 21, 2014

      Oil rout would have wrecked an independent Scotland’s finances

      Scotland’s North Sea revenues would have slumped to one fifth of Holyrood’s preferred forecasts in its first year of...

    19. December 21, 2014

      GM sticks to small vehicles plans despite oil price drop

      General Motors remains committed to improving its small, fuel-efficient vehicle line-up even though the recent oil price...

    20. December 21, 2014

      War-torn South Sudan under economic attack from fall in oil price

      War-torn South Sudan is receiving what traders say is arguably the lowest oil price in the world, $20-$25 a barrel, because...

    21. December 21, 2014

      Colombia puts on a brave face as oil price plunges

      The currency has fallen by a quarter, the share price of the national energy company has halved and a low-intensity war...

    22. Nick Butler

      December 21, 2014

      Forget Opec — sex and technology shape the oil market now

      Forget Opec. If cartels can’t control output, they can’t control prices and in due course they fall apart, usually with a...

    23. December 21, 2014

      Saudi Arabia and UAE blame oil rout on countries outside Opec

      Saudi Arabia and the United Arab Emirates on Sunday blamed the oil price rout on producers outside Opec and reaffirmed their...

    24. December 19, 2014

      A falling oil price is good for the world economy

      Lower oil prices are not a good thing for Vladimir Putin, Russia’s president: that much is clear. But what about for...

    25. December 19, 2014

      Oil surplus opens storage profit opportunity

      Brent crude’s worst slump since the financial crisis amid a mounting oil surplus is set to boost demand for storage...

    26. December 19, 2014

      Clock ticks on Rosneft deal to buy Morgan Stanley oil unit

      Morgan Stanley’s deal to sell its oil merchant business to Rosneft is set to expire on Saturday, underscoring the latest...

    27. beyondbrics

      December 19, 2014

      Hello 2015: Russian equities - time to buy?

      Russian asset prices have taken a severe battering this year and are now ranked as among the cheapest in the world. The...

    28. FT Alphaville

      December 19, 2014

      Markets Live: Friday, 19th December, 2014

      This is the transcript of the Markets Live session ending at 12:35 on 19 Dec 2014. Participants in this session were: Paul...

    29. December 18, 2014

      Opec takes a big bet by holding output

      Robert Mabro, the veteran oil market observer, once said Opec should change its logo to a teabag “because it only works when...

    30. December 18, 2014

      Saudi oil minister says crude price falls are temporary

      Saudi Arabia’s oil minister has rejected claims that the kingdom is intent on pushing prices lower, saying the sharp falls...

    31. December 18, 2014

      North Sea oil worries wash ashore at Aberdeen

      Aberdeen feels like a city riding its luck. The oil price boom that fuelled rapid expansion, vertiginous house price gains...

    32. FT Alphaville

      December 18, 2014

      Markets Live: Thursday, 18th December, 2014

      This is the transcript of the Markets Live session ending at 12:05 on 18 Dec 2014. Participants in this session were: Paul...

    33. December 18, 2014

      High drama looms for high-yield bonds

      The highest profile casualty of collapsing oil prices has been Russia, which this week descended into a full-blown currency...

    34. The World

      December 18, 2014

      Live blog: Vladimir Putin's annual press conference

      This is the transcript of the Live Blog session ending at 12:51 on 18 Dec 2014.Russian President Vladimir Putin gives his...

    35. FT Alphaville

      December 18, 2014

      Christmas 2014, charted

      An “asset return tree” (really), from Credit Suisse: Do click to enlarge. Or, if you want a more lyric version, do check out...

    36. December 18, 2014

      Shale byproduct prices track oil plunge

      The collapse in crude oil prices has been accompanied by a parallel plunge in byproducts of the US shale drilling boom,...

    37. December 18, 2014

      Chevron drops Arctic drilling plan

      Chevron, the US oil group, has shelved indefinitely a plan to drill in the Arctic Beaufort Sea off the north coast of...

    38. December 17, 2014

      Bruised oil drillers recover from rout

      Oil drillers Nabors Industries, Noble Corp and Transocean surged as investors returned to the companies left with the...

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