BreakingNews.ieBP receives approval to develop new oil field in North SeaBreakingNews.ieBP has been granted approval to develop the Vorlich Field in the North Sea, targeting 30 million barrels of oil equivalent. The field is expected to come on stream in 2 …

Wall Street JournalOil's Rise Puts Asia on a Slippery SlopeWall Street JournalPricey oil is making emerging markets' tough year even tougher, and the pain could spread wider this time round. Brent crude notched its highest close since 2014 Monday, …

India Boosts Cooking Oil Imports as El Nino Hurts Oilseed CropsBloombergCooking oil purchases by India rose in August after palm oil prices slumped to a six-year low and a dry spell hurt domestic oilseed crops. Imports, including those for industrial use, …