Tag Archives: oil price

OFT report into fuel prices disappoints many

Posted on February 18, 2013 by News Team

The long awaited report into fuel prices by the Office of Fair Trading has been released and it would appear that the results are disappointing to many. According to the report, the cost of petrol and diesel before tax, duty … Continue reading →

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Half of the oil in the North Sea Remains

Posted on October 24, 2011 by News Team

Some good news for the UK was delivered recently by Fergus Ewing (Scottish Energy Minister), when he stated that about half of North Sea oil and gas reserves have yet to be extracted. Mr Ewing said the amount left was … Continue reading →

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Oil Prices Tumble Because of USA’s Slow Economy

Posted on September 22, 2011 by Steve

The world is not a very certain place at the moment when it comes to commodity prices, oil, gold etc all wildly jumping about as new data creates either good or bad vibes in the market places and trading houses … Continue reading →

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Oxfordshire charity rolls out heating oil scheme

Posted on September 22, 2011 by Steve

It’s always good to see some good news and this article looks the very thing to cheer one up. Here the BBC report about a charity that is helping people with a ‘heating oil scheme’. By bulk buying they are … Continue reading →

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Oil prices

Posted on June 24, 2011 by News Team

How much a barrel of oil costs is due to a number of factors, for instance, what the demand is, how much oil is available on the market, the production costs, the value of the US dollar and of course, … Continue reading →

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