The GuardianBP freezes pay of 84000 staff globally as oil price drop bitesThe GuardianBP has frozen the pay of its 84,000 staff around the world in response to the plunge in the oil price, which has more than halved in the past six months. Weeks after cutt …

MarketWatchOil slides further, on pace to end week down 10%MarketWatchBut that small boost evaporated as there has been “no change in bearish market dynamics,” said Jim Ritterbusch, an oil analyst with Ritterbusch and Associates. Oil markets remain oversup …

The Guardian (blog)Oil price slump: winners and losersThe Guardian (blog)Saudi Aramco oil installation near Khouris, 160 kms east of Riyadh. Since last June a barrel of Brent crude has more than halved in value, dropping by more than $60 – that's a sho …

The GuardianGeorge Osborne fires warning shot over tumbling oil pricesThe GuardianThe Treasury is planning an investigation into why lower oil prices are not being passed on by companies and industries linked to oil. The chancellor tweeted on Tuesday night …

Low oil prices unlikely to hurt railroads muchFresno BeeFILE - In this July 25, 2014, file photo, an oil train moves through the area south of St Paul, Minn. A collapse in oil prices won't derail the railroads' profit engine even if it does slow th …

CNBCRussia oil output hits post-Soviet highCNBCRussia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped by small non-state producers, Energy Ministry data showed on Friday. Oil …