Good morning, and welcome to our live coverage of business, economics and financial markets. North American oil prices have sustained five-month-high levels as producers brace for hurricanes that could prompt
For quite some time now there has been ongoing speculation about the sustainability of BP’s dividend, against a backdrop of rising debt levels and concern around the company’s ability to
In August 2011, as Libya’s rebels and Nato jets began an assault on Tripoli, Colonel Muammar Gaddafi delivered a speech calling on his supporters to defend the country from foreign
BP has announced plans to cut 10,000 jobs, representing about 15% of the oil group’s 70,000 staff, by the end of the year. Bernard Looney, BP’s chief executive, told employees
Opec, Russia and allies have agreed to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two
Timing matters. Early 2020 saw an economic collapse the likes of which have not been seen in living memory. Growth has collapsed, unemployment has soared, poverty has increased. Yet in
A title on Ben van Beurden’s bookshelf in his video message to Shell investors captured the mood – Fall of Giants by Ken Follett. A pillar of the UK stock
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The oil price is crashing again, as weak demand leaves producers
2.54am EDT 02:54 UK inflation: What the experts say The drop in inflation in March is just the start. Several economists are predicting that the cost of living will keep
3.31am EDT 03:31 One possible explanation for the bumpy ride on the FTSE 100 this morning (it is now mildly negative): the prospect of the UK easing restrictions appears to
