Live Breaking News & Updates on Rice cap

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Russia's Crude Is Trading at $15 Above the Price Cap

Russia’s flagship crude grade is currently being exported at a price that is $15 above the $60 price cap set by the G7 and partners.

Turkey , China , Russia , Russian , Charles-kennedy , Us-department-of-the-treasury , Bloomberg , International-group , Argus-media , Rude-oil , Il-prices , Xport

Energy bills lowest for two years under new price cap

Experts urge people to stick to energy saving habits despite the typical bill falling by £238 a year.

Russia , Northern-ireland , Craigavon , United-kingdom , Ukraine , Scotland , Sarah-osborn , Caz-aubrey , Mrs-aubrey , Social-enterprise , Mrs-osborn

UK Energy Watchdog Opens Probe into Abuse of Dominant Position

The Office of Gas and Electricity Markets (Ofgem), the UK’s energy market regulator, has opened an investigation into an unnamed company for alleged abuse of dominant position

United-kingdom , Charles-kennedy , Hudson-energy-supply , Electricity-markets-authority , Humber-bank , Shell , Office-of-gas , Electricity-markets , Competition-act , United-kingdom-based , Energy-supply , Transmission-constraint-licence-condition

U.S. Widens Oil Sanctions to Include Sovcomflot and 14 Tankers

The United States and the Western Allies have spent today, the second anniversary of Russia’s invasion of Ukraine, rolling out a broad swath of new sa...

China , Ukraine , United-kingdom , Canada , Kremlin , Moskva , Russia , New-zealand , India , Australia , United-states , Panama

Energy bills expected to fall as new Ofgem price cap is announced

Domestic gas and electricity bills could fall sharply in April but many are still struggling to pay.

Northern-ireland , Craigavon , United-kingdom , Scotland , Jeremy-hunt , Matthew-cole , Bank-foundation , Department-for-energy-security , Household-support-fund , Energy-price , Cornwall-insight , Fuel-bank-foundation

What is the energy price cap and how much are bills going down?

Ofgem has announced the new price cap that will take effect in April.

United-kingdom , Russia , Northern-ireland , Craigavon , Ukraine , Scotland , Energy-price , Household-support-fund , Energy-price-guarantee , Warm-home-discount , Fuel-direct-scheme

Smart meters to be fixed for free after rash of breakdowns

Households are to be offered free replacements for broken smart meters after a rash of failures threatened to leave many consumers with no way of monitoring their energy consumption.

United-kingdom , Britain , Jonathan-brearley , Craig-lowrey , Richard-neudegg , Simon-francis , Good-energy , End-fuel-poverty-coalition , Scottish-power , Cornwall-insight , Ofgem , Mart-meters

Tankers Tied to the Russian Oil Trade Grind to a Halt Following US Sanctions

(Bloomberg) -- A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible effects on Moscow.Most Read from BloombergS&P 500 Rally Hits a Wall in Run-Up to CPI Report: Markets WrapTrump Asks Supreme Court to Keep DC Election Trial on HoldPentagon Chief Austin in Critical Care for Bladder IssueTrump Says There’s ‘No Way’ Taylor Swift Can

Yemen , Portugal , Moscow , Moskva , Russia , China , Singapore , India , Kremlin , Greece , Red-sea , Djibouti-general-

British Gas unveils energy deal that saves you £229 – but there's a catch

British Gas has launched a fixed-rate deal that promises to save households money on their bills by undercutting the price cap.

United-kingdom , Ukraine , British , Martyn-james , Catherine-okelly , Melissa-giordano , British-gas-energy , British-gas , Price-promise , Cornwall-insight , Retail-systems , Rice-cap

Report: Tanker Makes U-Turn After U.S. Launches Sanctions

There have been questions about how effective the U.S. sanction effort is against tankers and if the enforcement of the Price Cap imposed on Russian c...

Primorsk , Orenburgskaya-oblast- , Russia , Greece , Croatia , United-kingdom , United-states , Gabon , Liberia , Ukraine , Portugal , India