Is the global economy in for a new oil shock?  The GuardianAn oil price surge prompted by trouble in the Middle East inevitably conjures up memories of late 1973, when a dramatic rise in the cost of crude ended the long ... Read more https://www. …

The Oil Bubble Has Burst. What Now?OilPrice.comThose analysts who warned that oil prices can't go on rising forever now have the chance to tell everyone else “I told you so.” Brent and WTI have fallen by 9 percent since the highs they hit in late Janua …

The GuardianUK trade deficit grows as oil price rise pushes up cost of fuel importsThe GuardianBritain's trade position with the rest of the world worsened in December as rising global oil prices pushed up the cost of importing fuel, while the continui …

The GuardianUK trade deficit grows as oil price rise pushes up cost of fuel imports ...The GuardianDecember figures 'pretty poor' given weakness of pound since Brexit vote, City analysts says.and more » Read more http://news.google.com/n …

BloombergChina to launch own crude oil futures contract on March 26Financial TimesChina is set to launch its long-awaited crude futures contract on March 26, the country's security regulator said on Friday, as Beijing seeks to extend its influence over …

africanewsEuropean Union threatens Guinea with palm oil banafricanewsPalm oil produced in Guinea now faces a threat of being banned in the European Union. It has been deemed unfit for consumption due to the use of the Sudan 4 dye, that gives the product a …

MarketWatchOil prices could drop to the mid-$30s 'in a hurry' this autumnMarketWatchOil prices have had an impressive run this year, nonetheless, with a whopping 21% year-to-date gain for WTI futures (on a continuous basis). However, our call of th …

The GuardianNorth Sea oil difficulties unlikely to go away, says Mark CarneyThe GuardianPressure on the North Sea oil industry is likely to persist, according to the Bank of England governor, as the sharp drop in prices takes its toll on the wider economy. …

API Surprises Oil Markets, Reports Draws Across The BoardOilPrice.comFor the past three weeks, major draws on crude oil inventories have helped to offset increased volumes that have added to the global supply glut from a resumption in Libyan exports and mo …

The GuardianScottish deficit grows to nearly £15bn as oil revenues collapseThe GuardianThe gap between Scotland's public spending and tax revenues has widened, with the crash in global oil prices leading to a deficit of nearly £15bn. The latest officia …