UK fuel consumption down as fuel prices climb

The UK has seen a sharp decrease in fuel consumption as fuel prices continue to climb across the country. Fuel deliveries within the UK are down 10.6 percent in the second quarter of 2012 compared to Q1 as motorists feel the pinch of rising pump prices. Petrol prices...

Have fuel prices been rigged by the oil markets?

After the recent turmoil with Barclay’s rigging the Libor rate, doubts over many other financial markets have been the focus of scrutiny. The G20 has recently commissioned a report by International Organization of Securities Commissions (IOSCO) to look into the...