By Michael Baxter, Fresh Business Thinking The price of oil fell below zero today by one measure, but there was good news on Covid-19 infections. The West Texas Intermediate oil price, one of the two most closely watched oil price indexes, fell to minus $47 a barrel at one point today. To put that in […]
Posted on 21st April 2020 in Coronavirus.
The price of Brent crude oil has crashed to its lowest level in 18 years as demand collapses during the Coronavirus crisis.
Posted on 30th March 2020 in Coronavirus, General business.
Oil prices have risen over 20% as a result of two drone attacks on a major facility in Saudi Arabia.
Posted on 16th September 2019 in General business.
The oil and gas industry “is listening” to teenage environmental activist Greta Thunberg, one of the industry’s most senior figures in the UK has said.
Posted on 5th June 2019 in General business.
The oil price has been surging and has now passed another key milestone.
Posted on 12th January 2018 in City News.
The oil price has been rising – the price per barrel is now hovering around its highest level since the end of 2014. One obvious impact is that the price of petrol will rise, meaning most of us will be a little worse-off. But a bigger question casts a worrying shadow.
Posted on 4th January 2018 in City News.
Warning, there are spoilers in this article, but it has been written in a way to try and ensure your enjoyment of the film is not dampened. But the new Star Wars movie: The Last Jedi seems to be telling us that women are better than men in just about every way – but it […]
Posted on 18th December 2017 in General business.
A group of lawyers are putting together a case to suggest that Article 50 has not yet been triggered.
Posted on 10th July 2017 in General business.
The oil price rose again yesterday as OPEC and Russia came to a new agreement – but they seem to face an impossible challenge.
Posted on 25th May 2017 in General business.
Good news on the UK economy, and good news for half of the global economy, the oil price has seen a very rapid drop in the last few days – and the justification for the fall seems fairly substantial too. If it can stay low, then expect consumers to feel richer, and celebrate by spending […]
Posted on 5th May 2017 in General business.
There is a real risk that the oil price will surge within a few years, creating massive challenges for consumers, warns the International Energy Agency.
Posted on 7th March 2017 in General business.
The oil price has fallen back in recent days; the reason appears to lie with what happened several years ago.
Posted on 11th January 2017 in City News.
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