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santa rally drives london stock market to three...

santa rally drives london stock market to three...

Rolling coverage of the latest economic and financial news,as the London stock market closes for...


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oil price rebounds in pre christmas rally  ...

oil price rebounds in pre christmas rally ...

Rolling coverage of the latest economic and financial news,with the London stock market closing for...


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the guardian view on the geopolitics of falling...

the guardian view on the geopolitics of falling...

Some rue the get-rich-quick allure of oil in emerging nations. Whatever happens,the geopolitical...


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saudi arabias $640bn question

saudi arabias $640bn question

Opec’s plot to keep the oil gushing and destroy off the US shale industry ignores the fact that...


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scots shouldn t be fooled by the oil price...

scots shouldn t be fooled by the oil price...

Income from oil and gas is just a fraction of the Scottish economy,so don’t believe those who say...


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the guardian view on the economic and...

the guardian view on the economic and...

The economic implications of the tumbling cost of crude are momentous but mixed. For the...


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oil price tumbles after opec deal; uk growth...

oil price tumbles after opec deal; uk growth...

Britain’s#Greece#shale(median#oilsays that #OPEC largely in agreement for 9-month carve extension...


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the price of oil: new season of radio 4 plays...

the price of oil: new season of radio 4 plays...

Nicolas Kent’s series of seven modern dramas follow the politics,power and corruption behind the...


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marks   spencer chiefs dash for the door is...

marks spencer chiefs dash for the door is...

Marc Bollands reign was better than critics propose,but six years is a long time for a FTSE 100...


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ken saro wiwa memorial art bus denied entry to...

ken saro wiwa memorial art bus denied entry to...

Sculpture sent as gift to mark 20th anniversary of the environmentalist’s execution seized by...


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why we should beware the dawn of cheap petrol |...

why we should beware the dawn of cheap petrol |...

The crash in crude oil prices has huge implications for geopolitics,climate change – and even our...


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americans weaned themselves off oil in the 1970s....

americans weaned themselves off oil in the 1970s....

The response to the 1970s oil shocks gave the planet a life-saving head start in the struggle to...


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energy giants want to be part of a green agenda...

energy giants want to be part of a green agenda...

Eight oil and gas majors will meet in Paris to flesh out proposals for a move towards cleaner...


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the risk is too high. why locals dont want bp in...

the risk is too high. why locals dont want bp in...

Locals on the coast of South Australia,where BP hopes to open exploratory drilling, are nervous...


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obamas offshore drilling plan meets heavy...

obamas offshore drilling plan meets heavy...

Irate residents in small coastal towns say Obama’s map to open a novel fossil fuel frontier would...


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we re drowning in cheap oil - yet still taxpayers...

we re drowning in cheap oil - yet still taxpayers...

As these modern crisis bailouts for fossil fuels show,it’s those who are least deserving who win...


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oil disaster investigator alarmed by bp great...

oil disaster investigator alarmed by bp great...

Exclusive: Bob Bea,who investigated Deepwater Horizon, blasts BP and Australian regulators, or...


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recession, retrenchment, revolution? impact of low...

recession, retrenchment, revolution? impact of low...

In an unprecedented year for the oil commerce,each of the major producers has its own problems. How...


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drilling for arctic oil is not viable yet, says...

drilling for arctic oil is not viable yet, says...

International energy watchdog’s new head,Fatih Birol, warns of costs and technological challenges...


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oil slump   the true cost of falling prices

oil slump the true cost of falling prices

Standard Chartered last week warned of oil at $10 a barrel. What impact would that have on North Sea...


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opec meeting will celebrate oil price declines -...

opec meeting will celebrate oil price declines -...

A year ago Opec decided to maintain market share to battle competition from North America and the...


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as norway sells out of oil, suddenly fossil fuels...

as norway sells out of oil, suddenly fossil fuels...

Experts are not predicting the finish of drilling fairly yet: but the decision in Oslo has sharpened...


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great australian bight oil drilling plans too...

great australian bight oil drilling plans too...

National Offshore Petroleum Safety and Environmental Management Authority censors documents sought...


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eu dropped climate policies after bp threat of oil...

eu dropped climate policies after bp threat of oil...

Oil giant warned industry would pull out of EU whether laws to cut pollution and speed clean energy...


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aberdeen should go green, not back to black

aberdeen should go green, not back to black

Aberdeen and the UK oil industry have been promised £500m in state support while support for...


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oil price surges as opec and non opec members...

oil price surges as opec and non opec members...

First deal for 15 years seen as gamechanger by analysts,who forecast oil price will rise further...


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us environmentalists take aim at second...

us environmentalists take aim at second...

Campaigners say company behind Keystone XL plans to send hundreds of supertankers of crude oil down...


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report: us is now world s largest oil reserve but...

report: us is now world s largest oil reserve but...

America has surpassed Saudi Arabia and Russia in oil reserves,a unique report says, but current rate...


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oil price forecast to fall to $20 a barrel,...

oil price forecast to fall to $20 a barrel,...

main Wall Street bank says price will keep falling whether China’s currency continues its plunge...


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imagine if exxon had told the truth on climate...

imagine if exxon had told the truth on climate...

With the oil giant vouching for the science of climate change 25 years ago,there is no way we would...


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shell boss sees signs of oil price recovery but...

shell boss sees signs of oil price recovery but...

Ben van Beurden points to first mixed signals of a recovery though raises concern that prolonged low...


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huge deposit of untapped oil could be largest ever...

huge deposit of untapped oil could be largest ever...

Estimated 20bn barrels of oil found in Texas’s Permian Basin,three times larger than the Bakken...


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oil drilling caused killer earthquake in boomtime...

oil drilling caused killer earthquake in boomtime...

Long Beach quake of 1933 in which up to 120 people died is among several possibly linked with early...


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oil prices rise temporarily on talk of output cut

oil prices rise temporarily on talk of output cut

Top oil officials from Saudi Arabia,Russia and several key Opec members to discuss supply glutOil...


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why low oil prices hurt the stock market - but...

why low oil prices hurt the stock market - but...

Stocks are having their worst start to a year in history,partly because of a plunge in the price of...


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environmentalists condemn budget deal that lifts...

environmentalists condemn budget deal that lifts...

Republicans in Congress argue that the restriction has been rendered out of date,but members of Oil...


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petrol prices likely to dip below £1 a litre...

petrol prices likely to dip below £1 a litre...

Plunging cost of crude and seasonal discounts at supermarkets look set to hand motorists a festive...


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oil producers prepare for prices to halve to $20 a...

oil producers prepare for prices to halve to $20 a...

Financial market turmoil sees fresh slide in crude,lowest iron ore prices for a decade and losses on...


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to export or not to export: partisan divide over...

to export or not to export: partisan divide over...

US oil production is booming,pitting Republicans against Democrats over whether to repeal a...


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oil prices soar to highest for more than two years...

oil prices soar to highest for more than two years...

Analysts say prices could rise further,in a move that would save upward pressure on UK inflationOil...


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ttip: chevron lobbied for controversial legal...

ttip: chevron lobbied for controversial legal...

US oil company wanted EU-US trade deal to give foreign investors the legal honest to challenge...


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obama bans oil drilling along atlantic seaboard

obama bans oil drilling along atlantic seaboard

Environmental groups call president’s reversal an outsize victory after backlash from communities...


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plunging oil price brings saudi arabia and iran...

plunging oil price brings saudi arabia and iran...

The rivals have severed diplomatic ties and are fighting by proxy in Yemen. But revenues from crude...


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fuel could become cheaper than bottled water, says...

fuel could become cheaper than bottled water, says...

Supermarket chains possess cleave petrol and diesel to under £1 per litre and could fade further as...


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opec bid to kill off us shale sends oil price down...

opec bid to kill off us shale sends oil price down...

Oil falls by $2 a barrel with energy shares as Opec refusal to stop flooding the market with cheap...


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chevron will cut up to 7,000 jobs as impact of...

chevron will cut up to 7,000 jobs as impact of...

Plummeting demand for oil in China contributes to the carnage in US energy industry as company is...


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shell has frozen its arctic oil drilling - but...

shell has frozen its arctic oil drilling - but...

Environmentalists claim victory as Shell abandons Arctic oil drilling,but the energy company is...


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emma thompson joins giant polar bear at greenpeace...

emma thompson joins giant polar bear at greenpeace...

Actor campaigns against the ‘selfishness and greed’ of Shell’s tender for Arctic oil as...


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how big oil is tightening its grip on donald...

how big oil is tightening its grip on donald...

The oil industry has stalled action on climate change from the inside and sold America on fossil...


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world petrol demand likely to peak by 2030 as...

world petrol demand likely to peak by 2030 as...

Wood Mackenzie predicts global oil growth will plateau approximately 2035 – earlier than some...


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oil and gas companies in north america less green...

oil and gas companies in north america less green...

ExxonMobil and Chevron among worst in terms of CO2 emissions and investment in renewables,according...


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resources minister bitterly disappointed bp wont...

resources minister bitterly disappointed bp wont...

Matt Canavan says environmental groups popping the champagne corks’ shows repugnant side of green...


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world s biggest oil producers meet to discuss...

world s biggest oil producers meet to discuss...

Rare off-scheduled meeting between Opec and non-Opec suppliers will focus on what they can attain to...


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oil and gas producers  in distress  as low oil...

oil and gas producers in distress as low oil...

Many US producers borrowed heavily and cheaply to cash in on the shale boom,but prices of around $30...


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oil market could drown in oversupply in 2016, says...

oil market could drown in oversupply in 2016, says...

International Energy Agency predicts increase in supply after lifting of sanctions against...


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uk oil and gas fields increase production for...

uk oil and gas fields increase production for...

Statistics for first 10 months of 2015 present an 8.6% rise from a year earlier after new North Sea...


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oil prices plummet again as saudis vow to maintain...

oil prices plummet again as saudis vow to maintain...

Opec and US production falls as markets see price set to end 30% lower than final yearOil prices...


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artists pledge to spurn oil company cash

artists pledge to spurn oil company cash

Caryl Churchill,Martin Rowson, Hans Haacke and Royal Court are among artists and arts bodies making...


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europes oil imports dependent on unstable...

europes oil imports dependent on unstable...

Oil from geopolitically unstable regions such as Russia,Libya and Iraq accounts for 80% of...


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iran talks tough on oil output in opec talks

iran talks tough on oil output in opec talks

Tehran’s Opec envoy says that asking Iran to freeze its oil production is ‘illogical’ after...


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norway sued over arctic oil exploration plans

norway sued over arctic oil exploration plans

The case,led by Greenpeace, claims Norwegian government has violated constitutional right to a...


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oil price plunge will lead to £1bn burden on...

oil price plunge will lead to £1bn burden on...

George Osborne introduces budget measures to assist North Sea industry which is forecast to make...


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reino unido concede 471 milhoes de euros a...

reino unido concede 471 milhoes de euros a...

O Governo prepara-se para conceder um crdito de exportação generoso à gigante achieve petróleo...


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as wind, wave and shale power converge, could this...

as wind, wave and shale power converge, could this...

The oil cartel is maintaining price discipline for now. But a concatenation of global circumstances...


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leaked bp report reveals serious near miss...

leaked bp report reveals serious near miss...

Costly failures show ‘urgent attention’ needed to improve how oil giant manages crucial...


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saudi arabia plans to sell state oil assets to...

saudi arabia plans to sell state oil assets to...

Campaigners hail a symbolic shift away from fossil fuels,but others see plug as more style than...


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bp upbeat about oil industry and expects prices...

bp upbeat about oil industry and expects prices...

British oil company believes fossil fuels will still be providing 80% of total energy supply in...


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brent crude oil price drops to new low of $32 a...

brent crude oil price drops to new low of $32 a...

Slowdown in Chinese economy and rising US output plunges price to unusual low with huge knock-on...


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north sea tax revenues plummet to negative for the...

north sea tax revenues plummet to negative for the...

Corporation tax and petroleum revenue tax effectively cost UK taxpayers £39m over the first six...


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can shell afford arctic oil? | karl mathiesen

can shell afford arctic oil? | karl mathiesen

How much oil would construct Shell’s controversial Arctic bid profitable? What would be the impact...


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kids trick their dads into thinking they put olive...

kids trick their dads into thinking they put olive...

Filed under: Etc.,Humor Sometimes, social media is marvelous.Continue reading Kids trick their dads...


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norway faces climate lawsuit over arctic oil...

norway faces climate lawsuit over arctic oil...

Campaigners say decision to open up the Barents Sea violates the nation’s structure and threatens...


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oil industry knew of serious climate concerns more...

oil industry knew of serious climate concerns more...

Researchers warned American Petroleum Institute in 1968 that the release of carbon dioxide from...


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italian firm eni poised to begin arctic oil quest...

italian firm eni poised to begin arctic oil quest...

Italian oil giant’s $5.5bn project in Norwegian Arctic set to launch by the conclude of the...


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bp tops the list of firms obstructing climate...

bp tops the list of firms obstructing climate...

Company emerges as Europe’s worst climate policy wrecker,according to a recent table ranking firms...


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goldman sachs says oil could fall to $20 a barrel

goldman sachs says oil could fall to $20 a barrel

US investment bank expects oversupply to continue into next yearThe price of oil could more than...


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oil prices surge to six month high as us gets...

oil prices surge to six month high as us gets...

US warns any country not complying that ‘the risks will not be worth the benefits’Oil prices...


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oil firms announce $1bn climate fund to clean up...

oil firms announce $1bn climate fund to clean up...

Analysts criticise fund – which focuses on cutting the impact of fossil fuels but will not support...


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obama expected to severely limit oil drilling in...

obama expected to severely limit oil drilling in...

Environmental advocates call president’s reversal an outsize victory after backlash from...


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oil price woes deepen as iran vows to add 500,000...

oil price woes deepen as iran vows to add 500,000...

Iranian president hails end of sanctions as western economies and companies such as Airbus stand to...


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hopes rise again for gatwick gusher as oil flows...

hopes rise again for gatwick gusher as oil flows...

UK Oil & Gas Investments says the well has produced 463 barrels a day under its own pressureOil...


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chancellor urged to use budget to support ailing...

chancellor urged to use budget to support ailing...

Trade body calls for permanent tax breaks after low crude prices trigger collapse in investmentKey...


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oil prices to stay near current level throughout...

oil prices to stay near current level throughout...

Bank forecast plays down likelihood of further collapse with average price of oil expected to...


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oil price falls to 11 year low with global glut...

oil price falls to 11 year low with global glut...

Brent crude hits low of $36.05 a barrel with industry experts saying price could drop to $20 before...


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uks oil and gas industry braces for further job...

uks oil and gas industry braces for further job...

Oil & Gas UK repeats calls for tax breaks and Treasury incentives and says more jobs will go as...


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labor day weekend gas prices likely to reach an 11...

labor day weekend gas prices likely to reach an 11...

AAA says gas prices could drop below $2 come ChristmasUS Labor Department says low gas prices are...


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why are oil prices soaring as us exits iran...

why are oil prices soaring as us exits iran...

From the impact on businesses and consumers to whether economic growth will be hitDonald Trump’s...


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bahrain strikes its biggest oil field, dwarfing...

bahrain strikes its biggest oil field, dwarfing...

Find has substantial reserves of light crude and natural gas,says Kingdom’s oil ministerBahrain...


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corrosion outside oil pipeline caused crude spill...

corrosion outside oil pipeline caused crude spill...

The report notes that the Plains All American Pipeline spill in May was greater than previously...


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corrosion outside oil pipeline caused crude spill...

corrosion outside oil pipeline caused crude spill...

Federal report notes that Plains All American Pipeline spill in May was greater than previously...


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bps plans to drill for oil in the great australian...

bps plans to drill for oil in the great australian...

Regulator says application to drill four exploration wells in region failed to meet environmental...


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oil drilling underway beneath ecuadors yasuni...

oil drilling underway beneath ecuadors yasuni...

Government claims oil extraction is causing minimal disturbance to the Unesco biosphere reserve in...


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iea sees u.s. leading global oil supply growth to...

iea sees u.s. leading global oil supply growth to...

Filed under: Etc. U.S. crude exports will surpass shipments from Russia.Continue reading IEA sees...


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uk fuel prices could rise by 3p a litre after...

uk fuel prices could rise by 3p a litre after...

RAC warns price of unleaded petrol could climb to 123.76p as oil price is sent soaring by string of...


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deadly explosion at mexico oil plant - video

deadly explosion at mexico oil plant - video

Several deaths and dozens of injuries were reported after an explosion at the Clorados 3 plant of...


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