Oil Hits Record High as U.K. Strike Shutdown Proceeds

Ineos Group is proceeding with the shutdown of its 200,000 barrel-a-day Grangemouth refinery as talks with unions to avert industrial action look bleak. The plant takes crude from BP’s Forties Pipeline System, which transfers oil from more than 50 North Sea fields.

So the housing market is dropping on the back of the credit crunch and U.K. oil supplies are about to be turned off. Not exactly the best economic outlook is it? Expect to see queues at petrol stations just in time for the local elections….




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Trevor Kavanagh’s analysis of the Brexit process…

“Thanks to Mrs May and her useless Chancellor Phil Hammond, this will not come without pain. But we escape with imagination and true British grit or we will be boiled alive.

It means on this centenary Remembrance of our struggle against tyranny, we risk ceding non-military victory in Europe to the undemocratic forces of an unaccountable totalitarian regime.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.