Posts Tagged: oil

Oil consumption here continues to increase with diesel volumes up 42% last year

Oil consumption here continues to increase with diesel volumes up 42% last year The organisation representing the petroleum industry here has pledged to play its part in Ireland’s transition to a low carbon and environmentally sustainable economy. But the Irish Petroleum Industry Association (IPIA) says moving to such an economy requires a clear understanding of… Read more »

Oil prices fall despite tighter global supply

Oil prices fall despite tighter global supply Oil prices fell yesterday, dragged down by concerns about global economic growth as the US-China trade dispute rumbled on, but receiving some support from tightened supply. International Brent crude oil futures were at $67.35 a barrel at lunchtime in London, down 26 cents, or 0.38pc. US West Texas… Read more »