A question on #Oil tabled by Lord Taylor of Warwick on 16-06-2025 has been answered by Lord Wilson of Sedgefield.

Heading: Oil
Question ID: 1813261
UIN: HL8498
House: Lords
Date tabled: 2025-06-16
Asking Member ID: 1796
Asking Member display name: Lord Taylor of Warwick
Asking Member handle: Lord_ofWarwick
Asking Member Twitter reference: @Lord_ofWarwick
Member interest: false
Question text: To ask His Majesty's Government what assessment they have made of the impact of international conflicts on the oil market, and whether they intend to implement measures to reduce the effect of such external shocks on the UK economy.
Is named day: false
Date of holding answer:
Date answered: 2025-06-30
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 1603
Answering Member display name: Lord Wilson of Sedgefield
Answering Member handle:
Answering Member Twitter reference: Lord Wilson of Sedgefield
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Oil and gas markets are well supplied and functioning normally. Though they have responded to events in the Middle East, prices remain within the bounds we have seen over the last year. The Government's Clean Energy Superpower Mission, supported by the la...
Original answer text:
Comparable answer text:
Answering body ID: 215
Answering body name: Department for Energy Security and Net Zero
Tweeted: true