[LONDON] BP Plc's fourth-quarter profit beat analyst estimates and the company increased its dividend slightly, bucking the trend in what has otherwise been a bleak quarter for Big Oil.

THE Chinese trader fired by Mitsubishi Corp for allegedly losing US$320 million in oil trading said he was acting on his managers' orders and there were no unauthorised transactions, according to...

[TOKYO] A US$320 million loss by a rogue oil trader at Mitsubishi's Singapore unit will likely prompt the Japanese company to cut its full-year net income forecast, SMBC Nikko Securities said.