The OPEC+ oil cartel has agreed to a small increase in production Wednesday, raise production by 100,000 barrels per day for September. The production increase
Crude oil
The G7 is looking at all options to prevent Russia from profiteering from high energy prices, including blocking the transportation of Russian oil unless it
Surging fuel costs have pushed up diesel and petrol prices by 11c and 22c a litre respectively in the past fortnight alone. It will now
Europe has upped the ante in its competition for oil with Asia following the purchase of the most crude from the United Arab Emirates in
Russia’s Gazprom says it has halted gas supplies to the Netherlands after Dutch energy firm GasTerra refused to pay in rubles following the Russian military
Ireland is to release an additional 451,000 barrels of oil from the national oil reserves, as part of an agreement with other International Energy Agency
Sky high fuel prices are placing an unsustainable burden on UK businesses and the government must introduce a temporary reduction in diesel fuel duty to
Global crude oil prices have soared to their highest levels since 2008, heightening pressure on the Government to move to cut excise duty on petrol
The cost of crude has soared to its highest level for 10 years as Russia’s invasion of Ukraine continues to send gas and oil prices rocketing. Brent
Oil prices have risen to their highest level since October 13 2014 as analysts forecast tight supply in 2022. Part of that rise is down