Global stocks slide into the red

Lehman Bros files for bankruptcy
Leading US investment bank Lehman Brothers files for bankruptcy, in a move set to add to the turmoil on global markets.

Oil price rises on supplies fall
The price of oil climbed by almost $3 after official figures showed US crude stockpiles fell unexpectedly last week.

Oil price falls on lower demand
The price of oil falls to $113 a barrel after government figures show a sharp slowdown in US demand.

Higher oil price boosts BP profit
Oil giant BP announces a 6% rise in profits for the second quarter of 2008, largely thanks to a sharp rise in the price of oil.

Oil prices continue on downwards
The price of oil keeps on sliding as US demand wanes and a hurricane in the Gulf of Mexico takes a favourable course.