Oil and gas distribution companies change the prices of LPG cylinders on the first of every month. Prices may also change on ...

Brent crude oil prices are projected to average $73/bbl in 2025, down $7/bbl from 2024, according to Wood Mackenzie’s latest monthly oil market outlook.

The rollback is minor, at less than 200,000 barrels daily, but it seems that oil traders are so nervous about supply right now even that small change in OPEC+ output is enough to tank prices.

Last week, the US issued new sanctions intended to hit Iranian oil exports. Oil prices barely moved on Tuesday as investors weighed the impact of US tariffs on countries buying oil and gas from ...

Oil prices have tumbled after Opec+ agreed to boost output under pressure from Donald Trump. Brent crude dropped as much as 2.8pc on Monday to $71.17 a barrel after the oil cartel, led by Saudi ...