A pipeline fire in Minnesota helped to arrest the fall in crude oil prices on Thursday.Two repair workers were killed by the fire in the Enbridge Energy Partners Lakehead pipeline, which carries crude oil from Canada to refineries in the US.Worries about the incident's impact on supplies saw the pri... More
The price of crude oil slumped on Wednesday after a US government report revealed the country's stockpile had not dropped by as much as analysts expected.Speculation about the output plans of the Organisation of Petroleum Exporting Countries (Opec) had already started a downward trend, but market co... More
The Met Office has revealed that the weather provided heating oil customers with some shelter from the high prices during the autumn months.Figures compiled by BoilerJuice show the average cost of heating oil in the UK has risen by around 30 per cent in the past three months, thanks largely to the c... More
Continuing speculation about the production plans of the Organisation of Petroleum Exporting Countries (Opec) saw the price of crude oil drop below $94 (£45.60) a barrel on Wednesday morning.US crude climbed above $99 a barrel a week ago because of fears about supplies and the weakness of the d... More
The government has been told it is possible to cut carbon emissions from UK homes by 80 per cent and end fuel poverty by 2050 if it commits to policy changes.A study commissioned by Friends of the Earth and The Co-operative Bank and carried out by the University of Oxford's Environmental Change Inst... More
Crude oil prices fell on Monday after it emerged some members of the Organisation of Petroleum Exporting Countries (Opec) may have increased output more than expected.Opec agreed in September to increase production by 500,000 barrels a day from November 1st, but Victor Shum of Purvin & Gertz tol... More
An independent energy survey can be a good investment as well as helping homeowners to reduce their carbon footprint, it was claimed today.The government recently announced that the home information pack (Hip) scheme is to be extended to all properties going on sale from December 14th.As well as pro... More
The price of crude oil rose on Monday morning following the arrival of some cold weather in north America.Friday saw a quiet day's trading because of the Thanksgiving holiday, but US crude gained 89 cents to close at $98.18 (£47.52) and London Brent crude climbed $1.26 to settle at $95.76.The w... More
Homeowners were today advised to give their property a thorough inspection before the cold and damp weather of the winter sets in.The price of heating oil has risen by 40 per cent in the past 12 months, meaning many households are facing the prospect of an expensive few months.Steve Johnson, head of... More
Crude oil prices continued to fall on Thursday, but one market expert still expects to see the $100 (£48.40) a barrel barrier broken in the near future.The New York exchange was closed for the Thanksgiving holiday, but electronic trading saw US crude lose 75 cents to slip to $96.54 a barrel, wh... More
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