Insurance: Insurers will have to pay out many billions of pounds more than expected for claims from the last hurricane season, two leading players warned... more
Shell Oil expects to restart most of its operations in the Gulf of Mexico over the next few days following their shutdown ahead of Hurricane Gustav last week... more
President George Bush declared John McCain ready to lead America as a man with "courage and vision" - but pointedly did not travel to Minneapolis to address the Republican convention... more
The oil price ticked up as Hurricane Gustav headed for the oil installations in the Gulf of Mexico. Now it appears to be losing strength and passing through without inflicting anything like the damage we saw in 2005 when Katrina flooded New Orleans, prices seem to be sliding down again... more
The price of oil fell as Hurricane Gustav swept quickly through the Gulf of Mexico's offshore oil platforms without developing into a Hurricane Katrina-sized Category 5 storm... more
Oil prices rose for a fourth day in a row as New Orleans braced itself to take a possible hit from Tropical Storm Gustav, now heading for the Gulf of Mexico coast... more
The UK's third-biggest supermarket chain J Sainsbury put in a late spurt this afternoon as speculative buying pushed the price 14¼p higher to 333p... more
Cairn energy is investigating potential new sources of crude in Greenland, where Sir Bill Gammell reckons there could be 50 billion barrels waiting... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do