BBC NewsOil price crash forces Premier to cut spending by 40%BBC NewsThe crash in oil prices has forced oil and gas explorer Premier Oil to cut spending on development next year by 40%. And it has said it will write off some $300m in its 2014 results, due …

RTOil tumbles to $45 a barrel, bringing cheer to consumers for nowTimes of IndiaNEW DELHI: Global oil prices breached the six-year low of $45 a barrel briefly on Tuesday but the last word is yet to be heard on how far crude would slide before bouncing back …