Prices for crude oil have exceeded $50 a barrel for the first time in more than half a year, while many large oil…
Continue ReadingOil Market Futures: Low-Carbon Switch’s Effects on Oil Market & Economy
Written by Danny Lord in Analysis Climate Change Government Policy
A new report shows that by driving investment in low-carbon technologies (in transport in particular) we would not only work towards saving the…
Continue ReadingOil prices have plummeted after a meeting of Opec countries failed to come to an agreement on an output cap.
Continue ReadingOil Prices Highest in 2016 Ahead of Doha Meeting
Written by Danny Lord in Government Policy Oil & Gas
A combination of factors including a weak dollar and talk of a supply freeze have pushed oil prices up past $43 a barrel;…
Continue ReadingMonday saw oil prices drop by 3% on global markets after Iran delayed its plans to agree to a proposed production freeze.
Continue ReadingA warning to consumers has been sent out by the International Energy Agency stating that the current cheap oil prices are not set…
Continue ReadingBrent Crude, a benchmark for prices in the oil industry, has now dropped to its lowest level since 2004, spelling trouble for governments…
Continue ReadingBritish Petroleum has announced a fall in profit by more than $1 billion this year after oil prices per barrel fell by over…
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