United Kingdom · Question · Written question
UIN 45708
Commodity Markets: Fossil Fuels
Original
Introduced
2 September 2022
Last action
20 September 2022 · Answer
Status
Answered
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Subjects
Discovery layer
Source updated
20 September 2022
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of financial speculation on the volatility of the gas and oil commodity markets.
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Timeline
2 September 2022
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of financial speculation on the volatility of the gas and oil commodity markets.
Source: Commons
20 September 2022
Answer
As internationally traded commodities, oil and gas prices are primarily driven by the underlying price in the global market of crude oil and natural gas. These are also influenced by exchange rates and a range of other supply and demand factors, including...
Source: Written answer
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- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-09-02/45708
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1504296
- uk · wq-1504296 · source updated 20 September 2022