Special report: Oil

Oil price forecast
Oil prices have lost almost half their value since the summer as the turmoil in the global financial markets rages on, causing many analysts to revise down their forecasts. Pauline McCallion finds out what they are expecting for next year and beyond

Oil M&A
The global oil sector is likely to emerge from the credit crisis with a more concentrated pool of players, but power will increasingly revolve around China and India as they tap the markets for cheap assets, finds Catherine