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22 December 1973: Opec more than doubles the price of oil
Features On this day in 1973 Opec, the oil price cartel, more than doubled the price of oil from $5.12 a barrel to $11.65.
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Oil prices will mount a recovery
News Hopes of a Covid-19 vaccine lifted oil markets earlier this week, with Brent crude jumping to $43 a barrel.
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3 November 1975: British North Sea oil begins to flow
Features On this day in 1975, the Queen turned on the North Sea oil tap, bringing crude from the newly-drilled Forties oil field to Britain.
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17 October 1973: Arab states declare oil embargo
Features Long queues formed at petrol stations after oil cartel Opec placed an embargo on the US on this day in 1973. The price of crude soared to $12 a barrel.
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Trading: you can be sure of Shell
Tips Oil won’t stay low forever – and Anglo-Dutch oil giant Shell looks both lean and cheap.
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Will an oil price war spark a global crisis?
News The oil price suffered its biggest fall since the 1991 Gulf War after Saudi Arabia and Russia decided to bump up production at a time of reduced demand. Will there be more serious consequences?
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BP boss raises the oil giant's dividend ahead of his departure
News Bob Dudley, the departing CEO of oil giant BP, has given shareholders a parting gift by raising the dividend. But they would be happier if oil prices were higher.
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The oil price soars – but can it last?
Features The oil price has risen by nearly 25% so far in 2019, well in advance of any developed-world stockmarket. But the surge may not get a lot higher from here.
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Oil was my 2016 “trade of the lustrum” – but should you keep holding on?
Features A couple of years ago, Dominic Frisby picked oil as the best five-year trade you could make. Now it’s in the doldrums, he revisits his trade to ask: what next?
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