Oil and gas prices ease back in calmer markets but volatility remains
Read our Privacy notice Oil and gas prices have retreated after Thursday’s painful cost spikes as financial markets calmed at the end of another turbulent week due to the escalating Iran conflict. UK natural gas prices fell 2% lower in early trading on Friday, having jumped more than a fifth on Thursday to its highest level in three years at one stage. Brent crude dropped back more than 1% but remained firmly above 100 US dollars a barrel, at nearly 108 dollars, after big gains in the previous...
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