The RAC claims that motorists in Britain are paying more for petrol than anywhere else in Europe, except Finland. This is despite the Government’s inability to lower fuel duties.
Share Talk Weekly Energy Sector News Round-Up, 16th January 2022
According to data from Gascade, the Yamal-Europe pipeline which normally sends Russian gas westward into Europe flowed east from Germany towards Poland on Saturday for the 26th consecutive day.
On stronger demand prospects, oil prices hover around $85/bbl
Brent crude oil traded at $85 per barrel on Thursday, nearing two-month highs. This was buoyed in part by the expectation that a strong economic recovery would boost demand. However,
Analysts predict that oil prices could reach $100 when demand exceeds supply.
Analysts predict that oil prices will rise further this year after rising 50% in 2021. They believe that a shortage of production capacity and low investment could cause crude to
Omicron slump aside, oil prices soar to 2-month highs
Due to tight supply and decreasing concerns about potential demand from the Omicron coronavirus variant, oil prices reached two-month highs Wednesday.
Share Talk Weekly Energy Sector News Round-Up, 2nd January 2022
According to data from Gascade, the Yamal-Europe pipeline, which normally sends Russian gas westward into Europe, was flowing east from Germany towards Poland for the 13th consecutive day on Sunday.
Bank of England three more interest rate increases are in store, Oil drops, Big Tech losses
According to its chief economist, the Bank of England will need to raise interest rates to keep inflation under control.
Short supply is a key factor in oil prices soaring to new heights
Oil prices climbed to new multi-year highs Tuesday thanks to a shortage of oil worldwide and strong demand from the United States, which is the largest consumer in the world.
Due to supply shortage forecasts, oil prices reach a three-year high
Oil prices reached a three-year high of $85 per barrel on Friday. This was boosted by the forecast of a shortage in the coming months due to the ease of
Crude rises to multi-year highs due to global energy crunch
Oil prices rose by around 2% Monday. This is a result of an energy crisis that grips major economies. It was accompanied by a pickup in economic activity, and restrained
Oil Prices at Their Highest Price Levels Since October 2018
Recent economic data coming from the world’s largest economy, postulate energy demand is expected to relatively gain momentum, particularly this summer with the ease of restrictions in many key economic