Brent Crude

  • Press Releases

    Oil price slump has the potential to lower energy bills

    The price of crude oil has fallen by just over a third since last Thursday ($50/bl) following the apparent collapse of the production sharing deal between OPEC and Russia (OPEC+) due to an inability by the group to agree on a concerted response to the coronavirus outbreak. While there has...

  • Press Releases

    Middle East tensions have the potential to increase energy bills

    The risk of direct military conflict between the US and Iran following missile strikes by US forces on Iranian General Qasem Soleimani in Baghdad on 3rd January has been reflected in the oil market, given the potential disruption to supplies from the region. Such volatility is set to reverberate across...