Could the oil shock push fuel prices even higher?
From Hormuz to the Black Sea, pressure on main supply routes is testing the resilience of the global energy market.
From Hormuz to the Black Sea, pressure on main supply routes is testing the resilience of the global energy market.
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From Hormuz to the Black Sea, pressure on main supply routes is testing the resilience of the global energy market.
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In recent weeks, fishermen have blocked oil depots and port entrances in the south of France, while farmers have staged demonstrations over rising fuel prices. Fuel is set to become a major political flashpoint, just…
Osama Rizvi, global market and product strategist at Primary Vision, said consumers are likely to face higher energy bills in the coming months as energy prices continue to rise. Grouped from 2 articles across 2 sources.
Diesel accounts for most of the extra road fuel cost. T&E estimates that an EU diesel driver paid €142 more over the period it studied, while a German long-haul truck faced an extra €236 a week.
As Iran responds to Trump's threat of annihilation with its own warning of a possible "new front" in the war, global oil prices are rising again. Grouped from 3 articles across 2 sources.
A diesel export ban would provide only brief relief before prices start to rise again as refiners cut production, experts say. Grouped from 4 articles across 2 sources.
Record diesel prices and refining margins have pushed Europe's oil majors up 40% to 87% this year. Here are the ten best performers.