Nigeria attacks boost oil price

Oil price hovers at $50 a barrel
Oil prices are hovering around $50 a barrel amid growing fears over a global recession and lower demand for oil.

Global gloom depresses oil price
The price of oil drifts below $55 a barrel, amid increasing worries over falling demand and slowing global growth.

Oil price slides to 20-month low
Oil prices have fallen to the lowest levels since the beginning of 2007 due to worries about weakening energy demand.

Oil price dips below $62 a barrel
Benchmark US light, sweet crude oil falls below $60 a barrel in London as worries about the global slowdown hit prices.

Oil price down on recession fears
Oil prices fall to their lowest level in 14 months amid continued fears that a global recession will hit demand.