Oil price fall lifts US consumers

Crude oil price drops below $106
Oil prices dip below $106 as traders predict that rising US unemployment would lead to consumers cutting back on petrol use.

US consumer confidence plummets
Confidence among US consumers has fallen to a 16-year low, a closely watched survey claims.

Oil price up as Asian stocks rise
Oil prices bounce back from a three-and-a-half year low, tracking Asian stocks higher, but are still below $50 a barrel.

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.

Opec 'lost $700bn on cheaper oil'
Opec members have lost about $700bn (£467bn) because of falling oil prices, the cartel's president says in an interview.