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  • The 22nd Conference of the Parties (COP 22) to the UNFCCC in Marrakech was expected to be a low-key COP, since Paris had achieved a major breakthrough and Marrakech would discuss its implementation. However, the US presidential election during the conference prompted some uncertainty about future cl...

    Availability: Online
    Record type: Energy Insight

  • From 1950 to 1972 the Saudi Arabian official selling price for crude oil was always below $3 a barrel, a level that did not change when OPEC was formed in 1960.  But after the first oil crisis of 1973, the state oil companies lost the ability to impose official selling prices. Since then the p...

    Availability: Online
    Record type: Energy Insight

  • PricesThis Energy insight lists the average monthly UK retail prices for road fuel from 1902 to 2011, and also gives information about the changes in the grades of petrol and diesel.In 1902 a gallon of petrol cost 9d (=3.7p).  In 2011 a litre of unleaded petrol cost 133.6p (= 607.5p per gallon)...

    Availability: Online
    Record type: Energy Insight

  • The price of Brent crude closely mirrors those of the OPEC crudes (see DSS13 OPEC prices). Geopolitical, economic, and natural events influence both. The increase in price between 1998 and 2008 was partly due to the increase in demand, especially the BRIC countries of Brasil, India and China, a...

    Availability: Online|Online
    Record type: Energy Insight

  • Continuing price rises by energy companies have led to concern about excessive levels of profitability for these companies and a debate about lack of competition in the UK energy market, culminating in the proposition of energy price caps by Labour and the Conservatives in the 2017 general election ...

    Availability: Online
    Record type: Energy Insight

  • This Energy insight  presents information on the economic importance of the UK energy sector considering the following factors: a number of jobs supported contribution to GDP investment level tax contributionexporting capabilities, prices and destinations subsidiesNumbe...

    Availability: Online
    Record type: Energy Insight

  • Trade in oil v consumption67,5921 thousand barrels were traded daily in total in 2017, an increase of 3.2% compared to the previous year. The y-t-y growth rate was above a 10yr compound annual growth rate (CAGR) 2008-2017 of 2%, which aligned with the world consumption and production rates. Exp...

    Availability: Online
    Record type: Energy Insight

  • Energy price caps for dual fuel bills (gas and electricity) were a prominent topic of the 2017 UK general election and continue to be debated. This information sheet focuses on what’s at the heart of this debate: the development of energy prices in the UK. The EI Information Sheet “Rigged or competi...

    Availability: Online
    Record type: Energy Insight

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