The price of oil is at a record low, with a barrel less than half of what it cost a year ago. Why is the price dropping and what might be the consequences?
The temporary closure of one of the biggest North Sea oil pipelines gives some much-needed hope to OPEC oil producers after months of stagnant prices. So far Brent crude oil prices have not budged much.
Chinese authorities are searching for 32 people missing after an oil tanker collided with a cargo ship in the East China Sea. The tanker burst into flames and spilled oil from the near 1 million barrels it was carrying.
Energy firms take a hit after OPEC members agree to less than expected curbs on future oil production. Traders were looking for deeper and more long-term cuts to help stabilize the oil market.
The Trump administration has announced plans to vastly expand offshore drilling. But state governors and conservationists have vowed to defend coastal communities and marine life.
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