Canada's oil sector will cut its 2015 investment by one third amid plummeting oil prices, The Financial Times reports.» Read More
European stock indexes accelerated losses to close lower on Tuesday, after seesawing during the trading session.
The oil price plunge has not pushed energy shares to new lows, as much of the damage "has already been done" according to asset managers.
Oil companies are shying away from commenting on outlook as crude oil falls to multi-year lows; however, analysts are slashing estimates.
European shares closed marginally higher on Wednesday, after a bumpy day of trading, as investors looked ahead to the Fed's policy statement.
Sanofi shares tumbled up to 6.2 percent on Wednesday after the French drugmaker's board said it was ousting chief executive, Chris Viehbacher.
Total warned that sliding oil prices had hit its third-quarter results and could weigh for the rest of 2014.
HOUSTON, Oct 27- Venezuela's PDVSA has confirmed it will import light crudes as a diluent for its extra heavy oil production, a cost-saving move for the state-run company that also reveals delays and problems in its main output strategies. The Petrocedeno upgrader, operated with Norway's Statoil ASA and France's Total SA, will be under maintenance as of early...
Oil prices rose on news Saudi Arabia cut its supply to the market in September and on strong economic data from Europe and China.
Russian prosecutors detain four more Moscow airport workers over a plane crash which killed the CEO of oil company Total.
Oil prices slipped on Wednesday after data showed a second consecutive weekly jump in U.S. crude oil stockpiles.
Total has confirmed that Patrick Pouyanne, head of refining up until now, will take over as chief executive, and Thierry Desmarest as chairman.
Oil prices closed slightly higher after an early rally aided by data showing stronger-than-expected China demand and some technical price recovery.
European shares traded sharply higher as buying was fueled by earnings and reports that the ECB would provide extra liquidity in the near future.
Tributes pour in for Christophe de Margerie after the chief executive of Total died in a business jet crash in Moscow.
The chief exec of Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport.
*Total CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when a business jet collided with a snow plow during takeoff at Moscow's Vnukovo International Airport, the company and airport officials said. "Total confirms with deep regret and great sadness that Chairman and CEO...
*Defender of Moscow policies killed in plane-plow crash. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed in an airplane collision with a snow plow at Moscow's Vnukovo International Airport, airport spokeswoman Elena Krylova said on Tuesday. The collision occurred during takeoff of the Dassault Falcon business...
MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed in an airplane collision with a snowplow at Moscow's Vnukovo International Airport, airport spokeswoman Elena Krylova said on Tuesday. De Margerie, 63, a graduate of the Ecole Superieure de Commerce business school in Paris, became chief executive officer of Total...
SINGAPORE, Oct 21- U.S. crude futures hovered near $83 a barrel on Tuesday after an uneventful session overnight and ahead of data from China that may point to cooling economic growth in the world's No. 2 oil consumer. *U.S. crude for November delivery was up 4 cents at $82.75 a barrel by 0008 GMT after ending nearly flat at $82.71 on Monday. *About a third of U.S. shale...
European shares closed sharply lower on Friday, as concerns over global growth and weaker economic data from Germany hit risk sentiment.