Brent crude


Brexit: Brent crude falls more than 6% on vote


World financial markets have been rocked by the UK’s vote to leave the European Union, with stock markets and oil prices crashing and the pound hitting its lowest level in three decades.

Oil & Gas

IEA sees oil market balancing in 2017


The global oil market will be almost balanced next year as demand continues to rise faster than production, while the current oversupply is much smaller than previously thought, the International Energy Agency said.