will be announced this morning by the energy regulator ofgem. this is the maximum amount companies can charge households for their energy use. the first rise saw prices to nearly £2000 and it could go up to £3000. average bills will hit £4650. let s hear from some people who are already struggling the heat their homes. #it # it takes a worried man to sing a worried song. we don t have the option sing a worried song. we don t have the option to sing a worried song. we don t have the option to turn - sing a worried song. we don t have the option to turn it - sing a worried song. we don t have the option to turn it off. have the option to turn it off or down have the option to turn it off or down or not put the kettle on for or down or not put the kettle on for the or down or not put the kettle on for the carers because my dad on for the carers because my dad is on for the carers because my dad must on for the carers because my dad isjust so on for the carers bec
if you have just joined if you havejustjoined us, good to have you with us. we begin with the soaring cost of energy. as governments and central banks grapple with rising inflation and a cost of living crisis, the world s biggest oil company announces record breaking profits. the saudi oil company aramco revealed it made more than $48 billion in profits in the second quarter of this year. the eye watering sum marks a 90% year on year increase and the biggestjump in earnings for the world s largest energy exporter since its public listing three years ago. but what is the outlook for oil prices this year and beyond? the war in ukraine caused a significant spike in the price of energy worldwide prices have come off the highs reached earlier this year and now with fears of recession on the horizon in europe and other key economies globally, there are differing views out there as to where the price of the oil is headed. let s talk this through with craig erlam senior market an
Prime Minister Narendra Modi on Friday launched rail, power, coal projects worth over Rs 35,700 crore in Jharkhand. Moreover, the Prime Minister dedicated to the nation a fertiliser plant in Sindri in the state.
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