An 11% oil price rise in month triggers 5% spike in Bord Gáis Energy Index in February - - up 36% in 12 months
Mar 7th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
An 11% oil price rise in the past month has triggered an overall spike of 5% in February in the Bord Gáis Energy Index - - an Irish-specific index designed to measure the prices in the wholesale energy market. The index rose to 140, its highest level since September 2008 and it is up 36% in 12 months.