News · 10 April 2026
North Sea oil hits $147; China factory costs climb
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.
Reported by The Guardian · How we write briefs