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1/3 Brits are eager

Oil prices to reach $380 a barrel if Russia cuts more off

Heather Trudeau
crude oil, economy, energy crisis, energy prices, Finance & Markets, fuel prices, G7, gas prices, Gazprom, JP Morgan Chase, oil prices, oil production, price cap, Russia, Top Stories, Ukraine, war
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Oil prices to reach $380 a barrel if Russia cuts more off: Experts have cautioned that oil prices could soar to ‘stratospheric’ levels because of sanctions imposed by Western countries. If Russia responds to sanctions with reductions in crude oil output, the authors of a current report by JP Morgan Chase forecast that worldwide oil…
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1/3 Brits are eager

Rocket and feather pricing by petrol stations blamed

Heather Trudeau
energy costs, energy prices, Finance & Markets, fuel, fuel prices, fuel retailers, gas prices, petrol prices, petrol stations, RAC, Simon Williams, Top Stories, wholesale energy prices
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Rocket and feather pricing by petrol stations blamed Fuel retailers have collected nasty reviews over their “rocket and feather” pricing practices. On Monday, the breakdown provider RAC has stated a litre of unleaded broke records again when it averaged 191.05p on Sunday, taking a full tank of more than £105. Diesel also reached another high…
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1/3 Brits are eager

Exxon is making alot of money

Heather Trudeau
energy crisis, energy profits, Exxon, Exxon Mobil, Finance & Markets, fuel prices, gas prices, inflation, Joe Biden, oil and gas, Top Stories, US President, windfall tax
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Exxon is making alot of money The US President has urged the American oil and gas giant ExxonMobil to drill for more oil and make new investments. Speaking on inflation during an event at the Port of Los Angeles, President Biden stated: “We will make sure that everyone knows Exxon profits – Exxon made more…
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1/3 Brits are eager

People have cut back on their energy use

Heather Trudeau
energy bills, energy consumption, energy customers, energy supplier, energy use, Finance & Markets, fuel prices, Office for National Statistics, petrol prices, Tariff, Top Stories
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People have cut back on their energy use Almost 52% of Britons are using less gas or electricity at home in acknowledgement to the rising cost of living. That’s according to the latest Office for National Statistics survey which covers the period 25th May to 5th June and suggests that this number increased by 2%…
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1/3 Brits are eager

High fuel prices will remain for a while to come.

Heather Trudeau
Boris Johnson, cost of living crisis, energy bills, energy crisis, energy prices, energy retail market, Finance & Markets, fuel prices, gas prices, housing, Nuclear Power, offshore wind, Prime Minister, Top Stories, UK Government, wholesale energy costs
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High fuel prices will remain for a while to come. The Prime Minister has stated today, prices of fuels may stay at a high level for a while Boris Johnson has stated in a speech on the cost of living, housing and the war in Ukraine “Price of oil and gas looks likely to remain…
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1/3 Brits are eager

UK fuel prices at all time high

Heather Trudeau
Chancellor, cost of living crisis, drivers, energy bills, Finance & Markets, forecourts, oil embargo, Russian oil, sanction, Top Stories, Treasury, wholesale market
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UK fuel prices at all time high A family needs to pay £95.15 for petrol and £100.42 for diesel to fill up a 55-litre car. Fuel costs in petrol stations across the UK continue to skyrocket amid the volatile energy landscape and the war in Ukraine. RAC fuel spokesperson Simon Williams stated: “The price of…
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Rising energy prices make EV rapid charging costly

Heather Trudeau
decarbonisation, diesel vehicles, Efficiency & Environment, Electric vehicles, electricity, electrification, energy crisis, energy prices, EV charging, EVs, Finance & Markets, fuel prices, gas prices, oil price, petrol, public EV charger, RAC, rapid charger, rapid charging, Top Stories
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Rising energy prices make EV rapid charging costly: Could soaring electricity prices dampen the UK’s transport electrification? Current research by RAC, an automotive services company, says the cost to rapid charge an electric vehicle (EV) increased by a fifth within the last 8 months. The study reports the price has gone up to 44.55p per…
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1/3 Brits are eager

Fuel prices put the brakes on employees’ commutes

Heather Trudeau
business, Citrix, energy crisis, energy market, energy prices, Finance & Markets, fuel price, fuel prices, gas prices, petrol stations, Top Stories, Transport, work from home
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Fuel prices put the brakes on employees’ commutes inflation in fuel prices make more and more workers have their cars parked at their homes instead of traveling to their offices. A new OnePoll survey conducted by software firm Citrix shows nearly 45% of UK employees plan to work from home more often to avoid the…
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1/3 Brits are eager

New owner of Morrisons to sell 80 petrol stations

Heather Trudeau
CD&R, competition, Competition and Markets Authority, drivers, Finance & Markets, forecourts, fuel, fuel prices, Morrisons, Motor Fuel Group, motorists, petrol fuel, petrol stations, Top Stories
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New owner of Morrisons to sell 80 petrol stations The new owner of Morrisons has offered to sell 80 petrol stations after competition concerns were lifted by the Competition and Markets Authority (CMA). This follows a CMA inquiry launched a few months ago into the £7 billion purchase of the supermarket giant by Clayton, Dubilier…
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1/3 Brits are eager

EVs taking over petrol cars as they are cheaper to run

Heather Trudeau
Compare the Market, decarbonisation, diesel, diesel vehicles, Efficiency & Environment, Electric vehicles, electrification, energy pirces, EVs, fuel prices, Infrastructure, net-zero, petrol cars, petrol prices, Russia, Top Stories, Transport, Ukraine, Uncategorised
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EVs taking over petrol cars as they are cheaper to run Driving an electric vehicle (EV) costs nearly £600 a year less than a proportionate petrol model. That’s according to a new report from Compare The Market, which advises the average annual running cost for an EV amounts to £1,264, compared to £1,834 for a…
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