Oil prices eased on Monday, amid weaker stock markets and on signs of rising global supplies shrugging off US sanctions imposed on Iranian crude. In addition, Washington released a report indicating another round of tariffs on Chinese production, which also creates a bearish sentiment. Accordingly, Brent crude edged 0.4% lower at $77.34 a barrel. WTI crude lost 0.8% to $67.04 a barrel.
read more... 30/10/2018
Oil crude prices fell on Wednesday, due to increased trade tensions between U.S. and China, who is set to impose retaliatory 25% tariffs on $16 billion of American goods. Both Brent crude and WTI prices dropped by 3.2% to close at $72.28 a barrel and $66.94 a barrel respectively.
read more... 09/08/2018
The UK Government has announced plans to axe the Feed-in Tariff (FiT) scheme from April next year.
read more... 20/07/2018
Chinese oil customers plan to reduce their intake of U.S. crude oil from September onwards to avoid a possible import tariff on American oil in China, due to the uncertain outcome of the current trade tensions, Reuters reported on Thursday, citing Chinese industry sources
read more... 22/06/2018
British Gas will increase the price of its most extensively used standard tariff for clients obtaining electricity and gas by an average of 5.5 percent from May 29, as declared by parent Centrica on Tuesday.
read more... 11/04/2018