Commodities

Dragon Oil tempted by £3.6bn bid approach

Dragon Oil tempted by £3.6bn bid approach

ENOC is upping the ante in its attempt to snap up Dragon Oil, highlighting how vulnerable this list of mid-cap explorers is.

Oil: expect the unexpected

Oil: expect the unexpected

If there's one thing we've learnt over the last 12 months about the oil market, it's to expect the unexpected, says James Sutton at JPMorgan.

When to buy oil stocks

When to buy oil stocks

Heavyweight broker Morgan Stanley has chipped into the oil price debate with some tips on the best time to buy oil shares.

Shell profits plunge could have been worse

Shell profits plunge could have been worse

Its profits slumped by more than half in the first quarter, but Shell still did better-than-expected and there's interest in the shares at these levels.

Resurgent Antofagasta issues warning

Resurgent Antofagasta issues warning

Antofagasta's share price has risen through technical resistance levels recently, but will now rely on these same levels for support.

Explorer seeks Gatwick oil licence extension

Explorer seeks Gatwick oil licence extension

UK Oil and Gas has moved to calm fears about its Gatwick Airport oil discovery after it emerged that the licence expires in only five months.

BP profits slump, but dividend safe

BP profits slump, but dividend safe

Lower oil prices were always going to damage profits, but BP has done enough to keep the City onside, for now.

Oil sector results preview

Oil sector results preview

This is shaping up to be one of the most important oil industry earnings seasons for some time. Here's what to expect over the next few weeks.

Petrofac learns very expensive lesson

Petrofac learns very expensive lesson

Petrofac has had its fingers burnt by the ambitious Laggan-Tormore gas plant project on Shetland. But not everyone is downbeat.

Is oil setting a bottom?

Is oil setting a bottom?

Much is written about the oil price and future direction. Now, a renowned expert in market timing observes that the money men are cancelling bets on further falls.