Oil prices edged nearly 1% higher, reaching a nine-month peak on Friday due to an uptick in U.S. diesel futures and concerns over tight oil supplies, following supply cut extensions
Gas prices rise as workers begin strikes at two key Chevron facilities in Australia
European gas prices have surged as employees at two prominent Chevron sites in Australia initiated limited strikes following unsuccessful negotiations.
Nobody wants an electric car, most people simply refuse to make the switch
The automobile was once a beacon of individual liberty, revolutionizing our work lives and giving birth to the suburban lifestyle.
UK Households warned ‘era of cheap energy is over’ as bills forecast to rise
British families are alerted that the days of low energy prices have come to an end, with an anticipated increase in bills next year.
LNG workers at Chevron in Australia permit union to initiate a strike.
Chevron’s LNG production in Australia may face interruptions as a recent worker vote approved union-led industrial action if required.
UK Supermarkets accused of driving up petrol prices by 6p a litre
The Competition and Markets Authority (CMA) attributed the recent rise in fuel prices since 2019 to lessened competition among supermarkets.
Diesel prices have been reduced by supermarkets in response to concerns raised by the competition watchdog.
Following the competition watchdog’s decision to intensify scrutiny of the market, supermarkets and other prominent retailers have hastened their cuts to diesel prices, as reported by the RAC.
Drahi takes BT biggest shareholder stake close to 25pc
Altice, the largest shareholder of BT Group PLC (LSE: BT.A), led by billionaire Patrick Drahi, has raised its stake by acquiring an additional 650 million shares.
BT Plans to Eliminate as Many as 55,000 Positions – Aims to Substitute One Fifth with AI Technology
BT, the telecommunications behemoth, has announced plans to significantly reduce its workforce, from 130,000 to somewhere between 75,000 and 90,000 by the end of the financial year 2030.
Oil Prices Surge, Yet Record Consecutive Third Week of Decline
On Friday, oil prices experienced an increase; however, they faced a third consecutive weekly drop following a significant decline earlier this week, in anticipation of rising benchmark interest rates and
RAC cautions against diesel price gouging in the UK despite a decrease in wholesale costs
A leading UK motoring organization, the RAC, has accused retailers of artificially raising diesel prices at the pump, even though wholesale prices for diesel have dropped below those of petrol.
An investigation by a watchdog is being launched into broadband suppliers due to delays in switching services.
Ofcom had mandated internet providers to introduce the “one touch switch” service by Monday to help customers facing steep bill hikes.