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23/07/2001
Oil Prices Hit New Low
There has never been a better time this year for homeowners to buy their home heating oil.
Brendan Murray, Emo Oil Marketing Manager said: “In November last year prices were on average £234 for 900 litres, while today it stands at £175 - £180 for the same quantity. Crude oil prices have been on a downward spiral this month due to reduced global demand and an increase in the crude stock levels.”
However, Mr Murray warned that it does not look as though these prices will last for long. “OPEC, the organisation of the major oil producers, is set to meet on September 26 to review prices. He said that there were rumours that suggested a cutback in production, in the region of at least 500,000 barrels per day, could be on the cards prior to this meeting.
It is expected that this will force oil prices to rise later in the year. (SP)
Brendan Murray, Emo Oil Marketing Manager said: “In November last year prices were on average £234 for 900 litres, while today it stands at £175 - £180 for the same quantity. Crude oil prices have been on a downward spiral this month due to reduced global demand and an increase in the crude stock levels.”
However, Mr Murray warned that it does not look as though these prices will last for long. “OPEC, the organisation of the major oil producers, is set to meet on September 26 to review prices. He said that there were rumours that suggested a cutback in production, in the region of at least 500,000 barrels per day, could be on the cards prior to this meeting.
It is expected that this will force oil prices to rise later in the year. (SP)
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10 June 2002
UK manufacturing goods price rise
The Office for National Statistics (ONS) have said that goods manufactured in the UK fetched slightly higher prices in May. The ONS said the price of goods leaving factory gates rose by 0.3% in May thanks to increases in tobacco, petroleum and other manufactured goods prices, however the annual rate fell to just 0.1%.
UK manufacturing goods price rise
The Office for National Statistics (ONS) have said that goods manufactured in the UK fetched slightly higher prices in May. The ONS said the price of goods leaving factory gates rose by 0.3% in May thanks to increases in tobacco, petroleum and other manufactured goods prices, however the annual rate fell to just 0.1%.
10 December 2001
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
13 August 2001
UK producer prices show marginal fall
Overall UK manufacturing prices fell by 0.2 per cent in July from those from June. According to the latest figures available form the Office for National Statistics the past year has seen the prices charged to manufacturers, the input prices, fall for the first time in over two years.
UK producer prices show marginal fall
Overall UK manufacturing prices fell by 0.2 per cent in July from those from June. According to the latest figures available form the Office for National Statistics the past year has seen the prices charged to manufacturers, the input prices, fall for the first time in over two years.
20 April 2006
Crude oil prices spiral higher
Oil prices have continued to climb today to reach record levels of over $74 a barrel. The crude oil market has seen prices driven higher by concerns over the Iran nuclear crisis and increasing demand for petrol. The international tensions over Iran's nuclear programme have helped edge oil prices to record prices over the past week.
Crude oil prices spiral higher
Oil prices have continued to climb today to reach record levels of over $74 a barrel. The crude oil market has seen prices driven higher by concerns over the Iran nuclear crisis and increasing demand for petrol. The international tensions over Iran's nuclear programme have helped edge oil prices to record prices over the past week.
27 September 2001
Opec opts to hold steady on oil prices
The Organisation of Petroleum Exporting Countries (Opec) has chosen to hold prices steady in order to avoid criticism of profiting from current tensions between the West and the Middle East.
Opec opts to hold steady on oil prices
The Organisation of Petroleum Exporting Countries (Opec) has chosen to hold prices steady in order to avoid criticism of profiting from current tensions between the West and the Middle East.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
