Brent crude sank by about 4% yesterday as fears of supply eclipsing weakening global demand continued.
UK and Ireland focused Europa Oil & Gas has raised £4 million through the placing of 133m new shares.
Greenfields Petroleum Corporation will seek admission of its common shares to trading on the London Stock Exchange's alternative investment market (AIM) under the ticker GNF.
Oil traded near the lowest level in a month after a more-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia over a missing critic of the kingdom.
$20 Oil? Welcome to Canada, Where crude prices haven't recovered.
As if the mood in the oil market wasn’t already bullish enough, Brent crude is giving traders another reminder of the days of $100 crude.
The commitment to live with “lower for longer” oil might not last that long after all.
Brent crude could see the biggest overhaul since the North Sea crude became a major benchmark more than 30 years ago as the industry considers including oil from as far away as Central Asia, West Africa and U.S. shale fields in its price assessment.
Abu Dhabi is pushing ahead with an initial public offering for Spanish oil company Cia Espanola de Petroleos SAU, in what could be the largest such deal in a decade.
Brent crude traded near a two-month high as shrinking oil inventories pointed to an increasingly tight global market.
Oil rose after the biggest weekly loss in two months as speculation of a crude supply shortage took precedence over escalating trade tensions between the world’s two biggest economies.
Oil was poised for the biggest weekly decline since July as a rout in emerging markets raises concern energy demand will weaken.
The crude market is placing more importance on a stronger dollar and a potential Cushing, Oklahoma, stockpile build than on Tropical Storm Gordon’s threats to oil assets.
Oil prices have reached a two-week high following a report that showed a drop in crude inventories in the US.
Oil rebounded as financial markets stabilised after the initial panic over Turkey’s economic meltdown eased.
Jadestone Energy's shares have been admitted to the alternative investment market (AIM) in London.
Mining stocks were on the rise on Tuesday after reports suggested an improvement in relations between the US and China.
Oil posted a third weekly loss, as Saudi Arabia’s reassurances that it won’t flood the global crude market failed to offset a 4.2 percent price drop at the start of the week.
Recent hikes in energy costs and petrol prices are expected to send UK inflation to its highest level in four months when official figures are disclosed on Wednesday.
Investment bank JP Morgan has raised its oil price outlook, but lowered forecasts for crude demand due to rising uncertainty on international trade,
UK Oil and Gas Investments (UKOG) has raised £2 million via a placing of 100 million new ordinary shares at 2p per share.
Morocco-focused Sound Energy will raise $15 million from the placing of 30.8 million new shares.
The FTSE 100 staged a mini rebound on Tuesday but trade tensions triggered by US President Donald Trump continued to grip investors.
Shares in Cluff Natural Resources (CNR) plunged today after the company said it was "considering" a new equity issue.
Oil firm Trinity Exploration and Production has conditionally raised £13.7 million through the placement of new shares.