Oil fell below $45 in New York yesterday as an Organization of the Petroleum Exporting Countries (Opec) deal to curb output appeared in jeopardy after Iran and Saudi Arabia failed to bridge differences.

Oil climbed as Iraq’s oil minister said it pledged to co-operate with the Organization of the Petroleum Exporting Countries (Opec) to reach an agreement this week that’s acceptable to all members.

Crude oil prices advanced, extending the longest winning streak in more than a year, as US crude and petrol inventories declined.

The price of crude slipped following the failed Turkey coup as shipments continued through the vital conduit for oil from Russia and Iraq to the Mediterranean Sea.

Oil investors are buying contracts that will only pay out if crude rises well above $100 a barrel over the next four years, a clear sign some believe, that today’s bust is sowing the seeds of the next boom.

Oil declined after an official report showed US crude inventories advanced to an 86-year high.

Shanghai’s stock index plunged nearly 7% today, sparking a halt in trading of Chinese shares, after weak manufacturing data and Middle East tensions weighed on Asian markets.

Gold fell to a one-month low and trading volume declined as investors held off on making big moves before Federal Reserve policymakers meet next week.

Oil deepened its weekly decline as Goldman Sachs Group said a global supply surplus could force prices to $20 a barrel. Futures fell after two weeks of gains. Goldman said yesterday the world’s oil glut is even bigger than it thought.

China’s key stock market index has surged 5.3%, its biggest gain in eight weeks, as markets across Asia rose following Wall Street’s rebound, giving investors some relief after gut-wrenching global losses.

Oil traded near the lowest level in more than six years yesterday as an unexpected rise in US crude stockpiles exacerbated a global glut.

Petroceltic said yesterday that it and its partners had drawn up a short list for engineering services to develop its Ain Tsila gas asset in Algeria and said the award of the contract later this year would mark a “a milestone” in plans to export gas for the first time in 2018.

Concerns over Greece's latest effort to avoid a default weighed on US financial markets today.

Brent crude rose as violence flared in Opec’s two biggest members Iraq and Saudi Arabia, raising tensions ahead of the producer group’s meeting on June 5 in Vienna.

Encouraging economic news and a rare rise in oil prices helped give the US stock market its first gain in the new year.

The US stock market eked out another record close ahead of the Thanksgiving holiday as investors assessed the latest reports on the economy and some corporate earnings.

US investors remained in a record-setting mood, edging the Dow Jones industrial average and Standard & Poor’s 500 index to their latest all-time highs.

The US stock market closed out its best week in nearly two years on a positive note today, helped by strong quarterly earnings from Microsoft and other big US companies.

After several days surfing Wall Street’s gut-wrenching swells and troughs, investors got a smoother ride yesterday.

A slump in energy stocks hit a rebound in Wall Street indexes yesterday as the price of oil plunged the most in two years.

US investors avoided another rollercoaster day on Wall Street. What they got instead was a steady, moderate decline that left the market with its worst weekly performance since May 2012.

A sluggish September has continued for US stocks as investors assessed the outlook for interest rates, the latest sanctions against Russia and volatile energy prices.

A burst of buying in US stocks defied slumps in other markets and offered hope for investors shaken by geopolitical turmoil.

Asian stock markets were mostly lower this morning as investors looked ahead to US corporate earnings following last week’s strong job numbers.

World stocks drifted today as investors largely shrugged off a weekend vote in which Crimeans opted to leave Ukraine and join Russia.

The rally that has driven stocks to record highs paused this week as investors tried to figure out where things are headed next.

Asian stock markets mostly traded higher today after the Dow Jones industrial average hit another all-time high.

Asian stocks rose today after US markets gained on stronger corporate profits and China reported a rebound in economic growth in the latest quarter.

Algerian special forces launched a rescue operation yesterday at a natural gas plant in the Sahara Desert and freed foreign hostages held by al Qaeda linked militants, but estimates for the number of dead varied wildly from four to dozens.

World stock markets rose today after talks over Greece’s financial crisis ended with an agreement on how to reduce its debt load.

Asian stock markets rose today after talks over Greece’s financial crisis ended with an agreement on how to reduce its debt load, paving the way for the cash-strapped country to receive the next instalment of a bailout loan.

The price of oil rose to nearly 88 US dollars a barrel in Asia today as the conflict between Israel and Hamas showed no signs of abating, raising concerns about crude supplies.

Oil prices rose today after a Superstorm Sandy caused havoc across the north-eastern US and threatened to inflict more damage inland.

Worries about Europe’s debt crisis, signs of weak global growth and expectations of lower US corporate earnings sent Asian stocks down today.

Asian stock markets rallied today, boosted by strong advances on Wall Street and a highly anticipated plan to assist debt-riddled countries in the eurozone.

Asian stock markets fell today after a slowdown in Japan’s growth gave investors another reason to worry about the health of the global economy.

A surge in hiring last month got a big welcome on Wall Street today.

Asian stock markets rose today amid hopes Europe will give its bailout fund more financial firepower but gains were tempered as South Korea reported its economic growth slowed to a two-year low.

Asian stock markets mostly dropped today despite a sign China's manufacturing downturn has bottomed as the possibility of a credit rating downgrade for Germany added to Europe's debt turmoil.

Asian stocks mostly drifted lower today as investors grew cautious ahead of a critical European Union summit later this week where Greek leaders will attempt to renegotiate some terms of the country’s international bailout.

Asian stock markets fell this morning as gloomy economic reports from the world’s two biggest economies heightened fears of a sharper global downturn.