BriefTea
Every story in sixty words
Explained in plain English
Petrol prices could rise
If crude oil prices climb to $120 a barrel, it's highly likely you'll see higher prices at the pump. This is because the cost of crude oil is a major factor in what you pay for petrol and diesel. Higher shipping costs from the Middle East would also add to the final price.
Stories that explain this
Oil could hit $120 a barrel if Mideast attacks intensifyRelated explainers
Geopolitical tensions matter Global trade routes at risk Your heating bills might jump UK inflation could worsen Why food prices might rise Why are my petrol prices up? Why did oil prices rise? Petrol prices at the pumpThe full catalogue
Browse every card filed under P →We would like to count visits and see which links bring readers here. That means storing a random ID in your browser. No cookies, no ads, no profile. How it works.