As oil prices continue to fall, could it spell global trouble for the year ahead?

As oil producers count the cost of the plunging oil price, countries that rely on oil imports are rubbing their hands.

WTI Crude Set for Biggest Loss in a Week With Brent

West Texas Intermediate crude was headed for its biggest loss in a week as U.S. economic data bolstered the outlook for higher interest rates.

Global stock markets at risk from Black Swan spike in oil price

Global stock markets are at risk from a spike in oil prices which could derail the fragile economic recovery and lead to a major correction in share prices, warns Steen Jakobsen, chief economist at Saxo Bank.

UK on track to miss carbon targets, climate change advisers warn

The coalition’s flagship insulation programmes have failed to put the UK on the right track to meet its commitments on cutting greenhouse gases, a review by the statutory advisers on climate change has found.

Energy Future Crown Jewel Creates Rift: Corporate Finance

The jockeying has begun for the prized asset of Energy Future Holdings Corp., which filed for bankruptcy in April with about $50 billion of debt after the largest leveraged buyout in history.

Oil rises above $107 on Fed stimulus hopes

it more likely the Federal Reserve will continue its stimulus program beyond September. Benchmark crude for September delivery was up 18 cents to $107.12 at midday Bangkok time in electronic trading on the New York Mercantile Exchange.

Indonesia MPs back budget package that would allow fuel price hikes

JAKARTA (Reuters) - Indonesian parliamentarians gave their backing to budget revisions that pave the way for long delayed cuts in fuel price subsidies, blamed for sapping the budget and undermining confidence in Southeast Asia's biggest economy.