According to Goldman Sachs, natural gas prices will fall 30% in the next months due to mild weather and an increase in supplies. This helps to alleviate fears of a
Saudi and Russian-led oil cuts could spark global recession according to the IEA
The International Energy Agency warned that a decision by Opec, the Saudi Arabia-led producer cartel, to reduce oil production could lead to a global recession.
Energy bills forecast to top £4,200 in fresh blow to UK households
The energy consultancy Cornwall Insight warned that UK consumers will face unprecedented energy-cost increases starting in October. A typical household bill is expected to reach 34,000 by the beginning of
Shell and British Gas owner hand billions to shareholders as energy bills set to surge this winter
As Russia’s war in Ukraine continues to drive record profits, Shell and British Gas’s owners are giving billions of pounds back as dividends to shareholders.
A third of the UK’s remaining energy suppliers face imminent collapse
According to Price Bailey, an accountant, fourteen electricity and gas suppliers have been deemed maximum risks’ by their credit scores.