Brent crude jumped more than 2% to around US$100 a barrel on Thursday after reports that Chinese refiners had suspended exports of oil products to markets outside Hong Kong and
UK Diesel Hits Record 199.53p as £2-a-Litre Threshold Nears
The average UK diesel price rose to a new record of 199.53p a litre on Tuesday, moving within half a penny of £2 for the first time. The latest increase
UK Diesel Hits Record 199.18p as Iran Conflict Drives Fuel Costs Higher
UK diesel prices have risen to a record 199.18p a litre on average, according to the RAC, surpassing the previous peak reached in June 2022 following Russia’s invasion of Ukraine.
UK Diesel Nears £2 a Litre as Fuel Prices Continue to Rise
UK fuel prices are continuing to climb despite the recent fall in crude oil, with the average price of diesel reaching 196.89p per litre, according to the RAC.
UK Petrol and Diesel Prices Hit Four-Year Highs
UK petrol and diesel prices have climbed to their highest levels in four years, adding fresh pressure to household budgets as the latest surge in oil prices feeds through to
UK mortgage rates reach five-month high amid rate rise fears
UK mortgage rates have climbed to their highest levels in around five months as rising oil prices and resilient economic growth fuel expectations that the Bank of England may be
UK Petrol Prices Hit Four-Year High as Oil Surge Pushes Up Fuel Costs
UK petrol prices have climbed to their highest level in four years as the latest escalation in the Middle East pushes oil and wholesale fuel costs sharply higher.
Markets Price Four Bank of England Rate Rises as UK Economy Grows 0.4%
Financial markets are now pricing in as much as one percentage point of Bank of England interest-rate increases over the next year, as stronger-than-expected UK economic growth and surging energy
Brent Crude Surges Towards $106 as UK Gas Prices Hit Highest Since 2022
Brent crude has surged towards $106 a barrel as escalating fighting in the Middle East drives another sharp rise in global energy prices.
UK Petrol Prices Set to Reach Highest Level of 2026
UK petrol prices are expected to climb to their highest level of the year this weekend after renewed US attacks on Iran pushed global oil and fuel markets higher.
Oil Could Reach $160 as Stockpiles Fall and Hormuz Risks Intensify
Oil prices could climb as high as US$160 a barrel, or potentially even further, if disruption around the Strait of Hormuz persists and global inventories continue to fall, according to
UK Pump Prices Rise Again as Crude Oil Costs Increase
UK petrol and diesel prices have started to rise again as higher crude oil prices feed through to wholesale fuel costs.