Labour attempts to strengthen regulation of UK fracking industry

The Labour party believes the rules covering fracking – or hydraulic fracturing – for gas are not tight enough and will attempt to strengthen regulation of the controversial drilling method by tabling a series of amendments to the infrastructure bill in the House of Lords on Tuesday.

Brent Falls on German Data as WTI Discount Narrows

Brent crude dropped after German industrial output unexpectedly fell, signaling an uneven recovery in Europe’s largest economy.