Category : Search result: crude oil prices


Trump Threatens Russia Sanctions Over NATO Oil Purchases

Exclusive: Former President Donald Trump declares he will impose severe sanctions on Russia if NATO member states refuse to halt purchases of Russian oil, signalling a major shift in US foreign policy approach.

Hundreds of 'Shadow' Tankers Exposed in Baltic Sea

A major investigation reveals a clandestine fleet of over 600 tankers is operating in the Baltic Sea, using opaque ownership and dubious insurance to transport Russian oil, raising serious environmental and security risks for the region.

North Sea Oil: £450bn Boom or Climate Doom?

Explosive new report reveals the staggering economic value of North Sea oil versus climate targets. Discover the fierce political battle raging over the UK's energy future.

Trump Threatens India With Tariffs Over Russian Oil

Former US President Donald Trump's advisors issue a stark warning to India, threatening tariffs if Narendra Modi's government continues purchasing Russian oil, potentially straining US-India relations.

India's Russian oil windfall from Ukraine sanctions

Exclusive analysis reveals how India has capitalised on Western sanctions against Russia, saving billions on energy imports while becoming a key supplier of refined fuels to Europe, in a dramatic reshaping of global oil markets.

UK House Prices Hit Record High for Third Month Running

UK property market continues its remarkable surge as Halifax reports house prices rose 0.9% in September, marking the third straight monthly increase and pushing average prices to a new record high of £293,835.

UK House Prices See Sharpest Annual Drop Since 2011

New data from Nationwide reveals UK house prices fell by 5.3% annually in December 2023, marking the most significant decline in over a decade as higher mortgage rates continue to dampen the property market.

Reeves ends new North Sea oil licences in Aberdeen

UK Chancellor Rachel Reeves has announced an end to new oil and gas exploration licences in the North Sea during a speech in Aberdeen, marking a major shift in energy policy towards renewables and net zero targets.

Badenoch's North Sea Oil U-Turn Sparks Tory Fury

Business Secretary Kemi Badenoch faces a fierce backlash from Scottish Tories and energy industry leaders after a leaked letter revealed a major policy shift, abandoning support for new North Sea oil and gas projects and threatening thousands of jobs in A

NZ House Price Crash: Could It Happen in the UK?

New Zealand's house prices are in a dramatic freefall, dropping over 15% from their peak. We analyse the global economic forces behind the crash and what it means for property markets worldwide, including the UK.

Chefs Reveal Their Secret Olive Oil Brands

Top culinary experts have shared their go-to olive oil brands, revealing the surprising supermarket picks and artisanal bottles worth the splurge for home cooks.

Ofgem Cuts Energy Price Cap: Bills Drop by £122

Millions of UK households will see energy bills fall this summer as the regulator Ofgem announces a 7% reduction in the price cap. The average annual bill for a typical household will drop to £1,568 from July, offering relief amid the cost of living crisi

Trump Threatens India Sanctions Over Russian Oil

Former US President Donald Trump threatens India with 'very major' sanctions if it continues purchasing Russian oil, signalling a dramatic shift in trade policy that could destabilise global energy markets.

UK Food Inflation Crashes to 18-Month Low

In a major relief for households, UK food inflation has dropped to its lowest level since January 2023. We break down which grocery prices are falling fastest and what it means for your weekly shop.

Ukraine attacks Russian oil pipeline to Hungary and Slovakia

In a major escalation, Ukrainian forces have attacked the Druzhba pipeline, a critical conduit for Russian oil to Hungary and Slovakia. The strike disrupts Moscow's energy revenues and challenges Central European energy security.

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