electricity prices

Could a British EU exit cause an energy price increase?

Energy Secretary Amber Rudd will say that leaving the EU will cause a massive increase in energy prices. She will be citing a report by the National Grid which outlined what would happen if the UK was to leave the EU and loose access to the Internal Energy Market (IEM).

International Energy Agency warns about oil supply security

The International Energy Agency (IEA) has released its latest medium term oil market report, issuing a warning about supply security. The IEA expects the oil price to rebalance and recover throughout 2017, where we will start to see prices increase to levels we had seen a few years ago.