Tag: Oil

G7 to release up to 100m barrels of emergency oil and diesel reserves

Leaders agree a coordinated drawdown within four months as rising prices put…

G7 agrees major release of oil stocks following pressure from the US

France said the agreement meant the U.S. would not ban the export…

G7 to hold emergency talks over possible diesel release

The meeting comes as Trump threatens to ban U.S. diesel exports.

Canada seeks deforestation law carveouts as EU ties deepen

Ottawa complained of "burdensome requirements" for Canadian firms under anti-deforestation rules.

‘Half my day’s pay goes to filling up my car now’: diesel crisis ripples across Britain

Small traders and drivers bear the brunt of a refining shortage taking…

Saudi Arabia shuts down key oil pipeline, blaming drones from Iraq

Riyadh has increased use of East-West pipeline since start of war on…

‘Just worry upon worry’: Europe faces a bleak winter as supply shock pushes factories to the brink

From Shropshire to Hamburg, depleting reserves and spiralling costs are spawning a…

Oil prices rise above $100 a barrel for first time since July as Iran war escalates

Brent crude rises by more than 2% after latest fire between US…

Drill Andy drill? Burnham’s North Sea dilemma – podcast

Helena Horton on why the government may decide to allow more oil…