oil

Global growth managers predict the rally in airlines can continue into 2015 and beyond as a falling oil price provides a new fillip for the sector.

The price of a barrel of Brent crude oil has dropped to below $46 in early trading, a fresh six-year low, as the commodity's collapse showed no sign of slowing down.

My top trades for 2015

The eurozone slid into deflationary territory in December for the first time in five years, according to preliminary figures released today.

The precipitous decline in the oil price has continued this morning, with a further slump in Brent crude seeing it trade below $50 for the first time in more than five years.

The FTSE 100 has dropped sharply again this morning as fears over significant falls in the oil price and other macroeconomic issues weighed on stocks.

The FTSE 100 is set to post a loss of around 2.5% for 2014 after falling back sharply yesterday (30 December) following several days of gains.

Saudi oil minister Ali al-Naimi, the most significant voice in the OPEC cartel, has said the group will not cut production even if the price of oil falls to $20 a barrel.

Matthew Tillett from Allianz explains why he has been buying oil majors on weakness and taking advantage of illiquidity.

Vladimir Putin has said Russia could take as long as two years to recover from its burgeoning economic crisis.