All the updated news related to oil prices

All the news related to oil prices updated in real time

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Average petrol price reaches £1.65 per litre

Drivers continue to be clobbered by record fuel prices as petrol reaches an average of £1.65 per litre. Figures from data firm Experian Catalist show the average cost of a litre of petrol at UK forecourts has increased by 16p in the past month. That ...

16 Mar 2022 at 11:25

World

Saudi Arabia warns over oil supplies after attacks by Yemen’s Houthi rebels

Saudi Arabia has said it “won’t bear any responsibility” for a shortage in global oil supplies after a fierce barrage of attacks by Yemen’s Houthi rebels affected production in the kingdom, the world’s largest oil exporter. The unusually stark ...

21 Mar 2022 at 12:55

Local News

Gardaí issue warning after home heating oil theft in Carndonagh

Buncrana Gardaí are investigating the theft of a quantity of home heating oil from a property in Donagh Park, Carndonagh. The incident occurred between 10pm on Sunday, 20 and 9am on Monday, March 21. A spokesperson said: "If anybody observed ...

22 Mar 2022 at 18:33

Oil prices surge and stock markets under pressure as crisis mounts in Ukraine

Stock markets tumbled worldwide and oil prices soared to their highest level for seven years after Russia ordered troops into two breakaway regions of Ukraine. Brent crude surged to its highest level since September 2014, reaching 99.5 US ...

22 Feb 2022 at 11:55

Drivers warned to expect rise in fuel prices ‘soon’ as Russia invades Ukraine

Motorists are being warned to expect a surge in fuel prices “any time soon” following Russia’s invasion of Ukraine. The price of Brent crude oil hit its highest level in eight years after increasing by 5.6% to 102.30 US dollars per ...

24 Feb 2022 at 09:55

Energy bills could rise by another £1,000 if gas prices do not drop

Energy prices for millions of households could rise by another £1,000 by October, the boss of the industry body has warned as gas prices continue to soar. Emma Pinchbeck, chief executive of Energy UK, said the average household ...

03 Mar 2022 at 13:55

Diesel prices notch up biggest daily increase

Drivers and businesses have been hit by a record daily increase in diesel prices. Figures from data firm Experian Catalist show the average cost of a litre of the fuel at UK forecourts reached 165.2p on Tuesday, up nearly 3p ...

09 Mar 2022 at 13:55

SSE Airtricity announces 39% gas price rise

SSE Airtricity has announced the highest rise in gas prices in its network for nearly 11 years. Prices will increase by 39% from Friday April 1 amid rising wholesale costs. The move will affect around 186,000 customers in ...

04 Mar 2022 at 14:55

Rishi Sunak urged to cut VAT on fuel as drivers are hit by record prices

Chancellor Rishi Sunak has been urged to cut VAT on fuel as drivers continue to be hit by record pump prices. The RAC issued the plea after data firm Experian Catalist said the average cost of a litre of petrol at UK ...

04 Mar 2022 at 11:55

Petrol prices rise for first time since early July

Average petrol prices have risen for the first time since early July, figures show. Statistics from the Department for Business, Energy & Industrial Strategy show the average cost of a litre of the fuel at UK ...

18 Oct 2022 at 16:05

Business

Hotel's €20,000 increase in one month’s electricity bill ‘not sustainable’

A Donegal councillor has issued a stark warning that many businesses will have no choice but to close their doors if serious steps aren’t taken to protect them. Cllr Micheál Naughton (FF) is the manager of ...

15 Sept 2022 at 12:33

Petrol drivers still getting ‘raw deal’ despite record fall in pump prices – RAC

Petrol drivers continue to get a “raw deal” at the pumps despite a record price drop last month, according to new analysis. The RAC said average forecourt prices sank to 169.8p per litre at the end of ...

05 Sept 2022 at 01:01

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