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Tag: oil price
Oil price fall 'good for UK economy'
2016-02-05 05:53:44| BBC News | Business | UK Edition
The fall in oil prices has been a "net good" for the economy, Bank of England deputy governor Ben Broadbent tells the BBC.
Statoil reports larger 4th quarter loss after oil price drop
2016-02-04 15:44:34| Oil & Gas - Topix.net
Norwegian energy group Statoil posted a net loss of 9.2 billion kroner for the fourth quarter amid the drop in oil prices. Norway's biggest oil company said Thursday the quarterly results "continue to be severely influenced by low prices," adding the loss was 3 per cent larger than a year earlier.
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VIDEO: Oil price: 'low for some time'
2016-02-04 12:29:16| BBC News | Business | UK Edition
The former BP chief executive, Lord Browne, says that it will take time for oil supply to stabilise to allow the gap between supply and demand to close.
Oil price worries hit Asia's markets
2016-02-03 02:55:49| BBC News | Business | UK Edition
Worries over falling oil prices are weighing on investor sentiment in Asia for a second day on Wednesday.
Lower Price Forecasts for Oil, Gas Lead to Impairments in EBIT of BASF Group in 2015
2016-01-27 06:00:00| Coatings World Breaking News
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