Explained in plain English
Your heating bill impact
Oil prices affect more than just petrol. They also influence the cost of heating oil for homes not connected to the gas grid, and indirectly, the price of gas and electricity. A drop in crude oil prices could mean slightly lower energy bills for you in the medium term.
Stories that explain this
Oil prices drop 4% as US-Iran pause, but one threat remainsThis explainer came from a news story
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