Article 6XF6V UK petrol prices poised to fall further as oil production may be ramped up

UK petrol prices poised to fall further as oil production may be ramped up

by
Jillian Ambrose Energy correspondent
from World news | The Guardian on (#6XF6V)

Global oil prices tumble after reports that Opec+ may increase output despite weaker demand for fossil fuels

Global oil prices have tumbled by more than $1 a barrel in a sign that pressure on hard-pressed households at the petrol pumps could ease further.

The price of Brent crude fell to $63.86 a barrel on Thursday after reports that the Opec oil cartel and its allies may increase their production for July despite weaker global demand for fossil fuels.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments