The price of oil has plummeted to less than zero dollars a barrel
Storage space for oil is now running out, which precipitated today’s steep dive.
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Storage space for oil is now running out, which precipitated today’s steep dive.
The levy has been paid on petrol, oil and diesel since 1996.
The levy has been paid on petrol, oil and diesel since 1996.
It comes as the United States sends more troops to the region in a defensive capacity.
The US President said the sanctions were the toughest ever against another country, but indicated he did not plan a military strike.
The US President will be presented with a list of potential airstrike targets, among other possible responses.
A naval patrol of the Islamic Revolutionary Guard Corps intercepted the vessel.
Iran has denied allegations it is behind the attack.
He said new licences would not be countenanced in any future negotiations on a programme for government.
The suspected attacks come amid spiralling tensions between Tehran and Washington.
The ships suffered “significant damage” but none of the crew members were harmed.
‘An impressive spin campaign has been waged to create an illusion that all ‘civilised nations’ support regime change in Venezuela – similar to the ‘grand alliance’ which invaded Iraq’, writes Eilis Ryan.
Greg Tarr has developed a more efficient method of making biofuel.
In a separate tweet, he called on Mexico to stop caravans of Central American migrants from trying to reach the US border.
The US President acknowledged that Mohammed bin Salman may have known about the murder of Jamal Khashoggi.
Four people received hospital treatment for minor injuries.
It follows US President Donald Trump’s tweets about the alleged transfer of oil.
The UN Security Council unanimously passed new, US-drafted sanctions that will restrict oil supplies.
The two US allies are at loggerheads over disputed territory in oil-rich Kirkuk.
The spillage caused a number of minor collisions and the closure of a main road.
On average, a litre of petrol now costs 136.6c, while a litre of diesel costs 126.0c.
Trump has repeatedly said the US should have grabbed Iraqi oil to help fund its war effort.
The Caribbean Princess began making illegal discharges in 2005, a year after the ship entered service.
Providence Resources has struck a deal to drill an offshore well to the island’s south-west.
The country’s economy has been crippled by falling oil prices.
The evacuation of hundreds of people has taken place.
Drivers have been asked to exercise caution in the area.
Apparently women drivers could “undermine social values”.
Thank you international oil cartel.
Ties between Turkey and Russia have shattered after Ankara shot down the jet on its border with Syria last Tuesday.
Many Syrians who join the so-called Islamic State do so because they are starving according to one defector.
The claim would potentially give Russia access to an estimated 4.9 BILLION tonnes of hydrocarbons.
Uganda represents a huge emerging market for oil exploration.
Everyone was talking about property prices, Greek debts and Dunnes reprisals.
Quite literally. There could be 158 million barrels worth of the stuff beneath Gatwick Airport alone.
The low oil price is not good news for exploration firms.