News · 10 April 2026

North Sea oil hits $147; China factory costs climb

Unsplash / Ben Wicks

Consumers could face higher costs as global energy prices and Chinese factory expenses have both risen. Physical oil deliveries, including North Sea crude, saw higher values this week, amid doubt over the Middle East truce agreement. China's producer price index, for instance, increased 0.5% in March, its first year-on-year rise since September 2022.

By BriefTea Editorial · 10 April 2026 at 14:20

Reported by The Guardian · How we write briefs