Oil prices storm to near decade highs before talk of Iran deal calms waters March 3, 2022 Oil prices hit near decade highs and closed in on $120 per barrel today, as buyers shun Russian crude amid intensifying fears of supply fears.
UK inflation to hit generational high of 9.5 per cent as Russia-Ukraine war sends energy prices soaring March 2, 2022 The spillover impact of Russia ramping up its assault on Ukraine on energy prices will send the cost of living in the UK to a level not seen in a generation, reveal fresh forecasts by top City analysts. Fears over Moscow squeezing oil and gas flows in retaliation to Western sanctions has pushed energy prices [...]
Government confirms Russia can still send oil and gas to the UK despite port sanctions March 2, 2022 The government confirms Russia can still send oil and gas to the UK, despite a ban on the country's ships docking at British ports.
Petrol prices spike to record £1.55 as oil markets rally amid supply shortage fears March 2, 2022 Petrol prices have broken records again amid concerns of oil supply shortages following Russia's invasion of Ukraine.
Oil prices peak at $113 per barrel as fears over supply shortages escalate March 2, 2022 Both major benchmarks have continued to rally amid growing concerns over supply disruption following Russia's invasion of Ukraine.
Why your next ski break should be in Austria’s Ischgl & Kappl February 28, 2022 “Relax if you can” is Ischgl’s motto and for a high quality, luxury ski destination the place is hard to beat. Walking down Ischgl’s main drag opulence hits you like a diamond-encrusted knuckleduster. Four and five star hotels rule the strip. Our choice was Hotel Piz Buin – all the luxury I could wish for [...]
Oil and gas rebound as pressure mounts on Russia February 28, 2022 Oil and gas prices are soaring again after the West imposed stiff sanctions on Russian financial institutions yesterday.
Petrol prices hit £1.51 per litre as cost of living crisis deepens February 28, 2022 UK petrol prices have broken records yet again following Russia’s invasion of Ukraine, which has further driven fears of supply shortages and seen oil prices spike to over $100 per barrel for the first time since 2014. The latest fuel watch figures from motoring group RAC reveal that unleaded petrol hit a peak on Sunday, [...]
UK inflation to trend higher as firms hoist prices amid cost barrage February 28, 2022 Inflation will trend even higher in the coming months driven by UK businesses lifting prices to cope with intensifying wage pressures, reveals a fresh survey published today. Nearly half of firms are expecting to hike pay at least one per cent over the coming year, leading to them raising prices to protect margins, according to [...]
Analysis: UK more bullish on energy sanctions with EU’s Russian dependency raising supply fears February 27, 2022 The West has ramped up sanctions against Russia but only the UK appears eager to push for new limits to Russian energy supplies.