Oil fell below $52 a barrel on Monday after the International Energy Agency cut its forecast for oil demand, overshadowing data showing Chinese crude imports rose to their second-highest ever.

The IEA said on Friday that world oil demand will fall by 2.4 million barrels per day (bpd) this year and said developed countries' oil inventories in February rose to their highest since 1993.

"The IEA has revised demand down by 1 million bpd and ...

Anyone can see why drivers from Bulwell-based Clearway Distribution Ltd joined ranks with protestors for the recent London fuel strikes.

The cost of diesel has soared this year to an average £1.32 per litre - up 36p in just 12 months - leaving haulage firms with ever-tightening margins.

Notts Police has been hit too, spending an extra £70,187.59 on fuel between April 2007, and March 2008, compared with the previous 12 months.

The fire service ...

SOARING fuel prices brought scores of Oldhamers out onto the streets in a mass protest on Saturday.

Members of the public signalled their support, as car drivers joined 70 lorries which crawled along the streets.

The mile-long convoy edged along the bypass, down Broadway and back up to Mumps through Failsworth and Hollinwood at 10mph — but minimal disruption was caused, as the hauliers sought to highlight their plight without inconveniencing members of the public. ...

Jul 19 2008 by Carl Butler, Daily Post

A SECOND go-slow fuel protest threatens to bring traffic chaos to North Wales today.

It will be one of a series of fuel protests throughout the UK.

Organisers of the first North Wales and North West protest on Friday, July 4, are hoping that staging their protest on a Saturday may bring out even more supporters.

The fuel convoy will meet at about 10am this morning at ...

MORE than 50 lorries and about the same number of private cars joined a protest against the rising price of fuel and drove in convoy from Caistor through Brigg to Grimsby on Saturday.

Organised by Caistor based trucker Alan Overton, the lorries left the depot of BB Haulage in Caistor and drove at 20mph down Kelsey Road and though Howsham to Brigg where they joined the M180 and followed the motorway and A180 to Grimsby ...

Plans to hit millions of motorists with backdated road tax rises of up to £245 are being axed to head off a Labour revolt next week.

Chancellor Alistair Darling has privately assured backbenchers that he will 'fix' the problem in his autumn pre-Budget report.

The decision would mark another U-turn following the Government's humiliation over the 10p tax crisis.

Under proposals which will start to kick in next year, nearly 18million motorists - seven out ...

Motorists have been dealt a new blow with average diesel prices in Britain hitting £6 a gallon for the first time.
AA: 'Fuel taxed as a luxury item'

The AA said prices reached an average 132.03p per litre or £6 a gallon on Tuesday.

It means diesel is now 35% dearer than a year ago.

Average unleaded petrol prices also hit a record of 118.65p per litre on Tuesday - or £5.39 a gallon, the ...

video report

Fuel protestors have staged a weekend "go-slow" by driving at low speeds through Plymouth.

Between 40 and 80 vehicles, including several pony and traps, took part in the event to highlight the effect high fuel prices are having on drivers.

It is the second such protest in the city this month. Vehicles drove a nine mile route at speeds of 10-15mph.

Organiser Robin Cole said there are a lot of people who now want their ...

Frontline emergency services are being cut to cover the soaring cost of fuel.

Rising prices have already driven one police force to reduce recruitment, and last night there were warnings that the problem will escalate across Britain in the coming weeks.

A senior official at the Police Federation, which represents 140,000 rank-and-file officers, said: ‘All the fat has already been trimmed off police budgets.

'For a lot of forces, there is nothing left to cut ...