News

OIL PRICE SURGES ON GATHERING HURRICANE THREAT

Wednesday, 27 August 2008 00:00

Oil prices today jumped back towards $120 a barrel today as tropical storm Gustav, which experts said was likely to be upgraded again to a hurricane, appeared set on a course for US oil and gas rigs in the Gulf of Mexico.

MINISTERS 'CONSIDER' WINDFALL TAX

Friday, 01 August 2008 00:00

The government is considering imposing a windfall tax on energy companies amid public anger at record increases in fuel costs.

SUPERMARKETS REDUCE PETROL PRICES

Tuesday, 22 July 2008 10:23

UK drivers are set to benefit after a number of supermarkets said they would lower the price of petrol.

BROWN DEFENDS FUEL DUTY DECISION

Wednesday, 16 July 2008 00:00

Gordon Brown has defended a decision to postpone a 2p rise in fuel duty after David Cameron suggested it was timed to coincide with next week's by-election.

HIGH DIESEL PRICES TO LAST THROUGH THE SUMMER

Thursday, 10 July 2008 13:05

High prices for diesel fuel will continue over the summer and may only begin to ease next year, according to the International Energy Agency (IEA), which has given warning of continuing tightness in the world's refining markets.