New York TimesBP to Cut 4000 Jobs as Oil Prices Continue to FallNew York TimesThe British oil giant BP said on Tuesday it would eliminate 4,000 of the approximately 24,000 positions in its exploration and production units this year. That would be in additi …

CNBCEurope closes higher despite oil price slip; retail jumpsCNBCThe oil price continued to keep investors cautious, with crude oil prices falling some 14 percent since the start of the year, weighed down by China's economic slowdown, glut concerns and …

USA TODAYBP to slash 4000 jobs globally as oil prices dropUSA TODAYNEW YORK-- Oil producer BP plans to slash more than 4,000 jobs over the next two years as oil prices plummet. BP will reduce its global upstream staff from 24,000 to "well below" …

CNBCStocks rally as oil rebounds; DAX over 2% up; retail jumpsCNBCDespite slipping in earlier trade, Brent crude recovered from session lows to trade higher, up near $32 while U.S. crude rebounded to trade around $31.80. The rebound caused oil and gas to r …

BBC NewsOil trading remains volatile on oversupply concernsBBC NewsOil prices have been volatile again, hit by continuing oversupply, the strong dollar and weak global demand. Some members of the Opec group of oil producers have called for an emergency mee …

CNBCLow oil price a 'double-edged sword': AirbusCNBCAirlines still need to invest in the fuel efficiency of their fleets, despite the low price of oil, Airbus' chief operating officer told CNBC on Tuesday. "The price of fuel is a double-ed …

CNBCStocks rally as oil rebounds from near $30 ; DAX up 2%CNBCEuropean markets extended gains on Tuesday despite continued wariness in Asian markets regarding China, as the oil price rebounded from session lows. The pan-European STOXX 600 was up over 1.4 p …

CNBCEurope higher as oil heads to $30 per barrelCNBCEuropean markets opened lower but quickly turned higher Tuesday despite continued wariness in Asian markets regarding China and as the oil price traded just above $30 per barrel. The pan-European STOXX 60 …

CNBCEurope rallies as oil hovers near $30 per barrelCNBCEuropean markets opened lower but quickly turned higher Tuesday despite continued wariness in Asian markets regarding China and as the oil price traded just above $30 per barrel. The pan-European STOX …

Europe seen flat as data, oil, China weighCNBCEuropean equities are expected to open flat on Friday as investors keep an eye on mixed earnings and data from the U.S., ongoing volatility in Chinese equities and slipping commodity prices. The FTSE is expecte …