Opec

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Opec rails against fossil fuel phase-out at Cop28 in leaked letters
Oil cartel warns ‘pressure may reach a tipping point’ and that ‘politically motivated campaigns put our prosperity’ at risk

Damian Carrington

08, Dec, 2023 @5:52 PM

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Starmer, Brown, Sunak and Hunt lead tributes to former chancellor Alistair Darling – as it happened
Alistair Darling was ‘one of the great chancellors’, says Jeremy Hunt, while Gordon Brown remembers ‘a statesman of unimpeachable integrity’

Graeme Wearden

30, Nov, 2023 @10:32 PM

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Why oil prices are rising amid the Israel-Hamas war
To date oil and gas flows from the Middle East remain fairly unaffected – but there are concerns about escalation

Jillian Ambrose Energy correspondent

20, Oct, 2023 @3:33 PM

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UK cost of diesel soars as RAC says petrol is ‘overpriced by about 7p a litre’
Diesel up by more than 8p to 163p in September and petrol by 4.5p to 152p amid global oil production cuts

Alex Lawson

03, Oct, 2023 @11:01 PM

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How the Yom Kippur war led to a new order within Israel and beyond
Egypt and Syria’s joint attack ushered in a new dynamic around the fracture lines in the Middle East

Peter Beaumont

01, Oct, 2023 @6:00 AM

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The Reserve Bank shouldn’t be spooked by Australia’s imported inflation | Grogonomics
If you look at what’s increased most in price over the past year, such as petrol, there is little that higher interest rates would change

Greg Jericho

28, Sep, 2023 @12:55 AM

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Global inflation fears as oil price rises towards $100 a barrel
Rise of 30% since June follows increasing demand in China and production cuts by Russia and Saudi Arabia

Phillip Inman

17, Sep, 2023 @11:02 AM

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Oil price up after Saudi Arabia cuts output; UK mortgage rates and car sales rise – as it happened
Rolling coverage of the latest economic financial news, as Brent crude hits $78/barrel and new car market records longest period of growth since 2015

Graeme Wearden

05, Jun, 2023 @2:23 PM

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Brent crude price rises after Saudi Arabia agrees to cut oil output
Price gained more than 2% on Monday morning to touch one-month high of $78.73

Alex Lawson

05, Jun, 2023 @10:07 AM

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Opec+ to extend cuts in oil output into 2024 as prices flag
Oil cartel members reportedly agree to reduce output by a further 1.4m barrels, with oversupply a concern

Jess Clark and agencies

04, Jun, 2023 @5:47 PM

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Global oil demand on course for record as China’s economy rebounds
International Energy Agency’s expectation for 2023 is 2m bpd higher than last year’s figure

Jillian Ambrose Energy correspondent

14, Apr, 2023 @10:51 AM

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Oil price surges after surprise Opec+ production cut
Move by world’s largest producers likely to unsettle western nations grappling with inflation

Kalyeena Makortoff

03, Apr, 2023 @3:05 PM

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