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Tag: oil price
Low oil price pushes BP to $485m loss
2016-04-26 08:46:23| BBC News | Business | UK Edition
BP sinks to a $485m loss for the three months to March as low oil prices took their toll on the bottom line.
Oil price dives after output talks fail
2016-04-18 10:21:52| BBC News | Business | UK Edition
The price of oil drops sharply after a meeting of oil producers fails to reach an agreement on freezing output.
IMF: Oil price crash delays clean energy transition
2016-04-13 13:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: Slumped oil, gas and coal prices could hold back a global shift towards lower-carbon energy sources, according to the International Monetary Fund. The current low fossil fuel price environment will certainly delay the energy transition, the Washington DC-based lender said in its World Economic Outlook on Tuesday. Cheap prices reduce countries` desire to embrace renewable fuels that are typically costlier, the fund said. It added it may provide scant economic incentive for research ventures...
Oil price rises boost Asian markets
2016-04-13 02:47:25| BBC News | Business | UK Edition
A rebound in oil prices gives a boost to Asian markets as they open on Wednesday,
Oil price touches $43 a barrel
2016-04-12 01:00:00| Offshore Technology
Oil prices have reached a 2016 high to $43 a barrel due to an upcoming meeting of oil producers to freeze supplies, as well as a weak US dollar and strong demand from China.
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