
Despite the soaring price, the Opec oil cartel and its allies are likely to stick to modest plans for output rises when they meet later on Wednesday. Photograph: Pascal Rossignol/Reuters
Oil and gas prices soar as turmoil from Russia’s Ukraine attack intensifies
Barrel of Brent crude moves past $111, while price of petrol at UK forecourts has hit 151.67p The Guardian: Oil and gas prices are soaring, with prices at UK petrol…