Fuel watchdog finds UK drivers are being overcharged
The UK's competition watchdog reveals drivers are paying too much for petrol and diesel as pump prices fail to reflect falling wholesale oil costs. Discover the full findings.
Category : Search result: wholesale oil prices
US Seizes Oil Tankers, Official Addresses Price Fears
A Trump official reassures Americans over petrol prices after the US seized tankers off Venezuela. Traders, however, anticipate a modest oil price rise. Read the latest.
Third US oil tanker pursuit off Venezuela in a week
The US Coast Guard is tracking another sanctioned oil tanker near Venezuela, escalating tensions. This marks the third such action in a week, raising fears of conflict and potential oil price spikes.
US seizes second Venezuelan oil tanker in Caribbean
Exclusive footage reveals US forces boarding a second oil tanker near Venezuela, intensifying regional tensions. Discover the full story and geopolitical implications.
US intercepts third vessel off Venezuela coast
US forces have boarded a third vessel near Venezuela, intensifying President Trump's 'total blockade' on sanctioned oil tankers. Read the latest on the escalating maritime operation.
US Oil Industry Rejects Trump's Venezuela Overtures
American energy firms show little interest in returning to Venezuela's broken oil fields, creating a major hurdle for Trump's post-Maduro strategy. Discover the reasons behind the cold corporate shoulder.
Oil tankers divert after Trump's Venezuela blockade threat
President Trump's threat of a 'total blockade' on sanctioned oil tankers heading to Venezuela is disrupting global energy flows, forcing vessels to change course. Read the latest maritime intelligence.
US Imposes Total Oil Blockade on Venezuela with Major Naval Force
President Trump announces a complete blockade of Venezuelan oil tankers and a historic naval deployment, escalating tensions over the nation's vast reserves. Follow the latest developments.
Oil surges as Trump orders Venezuela tanker blockade
Asian shares traded unevenly while oil prices climbed over 1% after former US President Donald Trump moved to block sanctioned oil tankers from reaching Venezuela. Discover the latest market movements.
Trump Orders Total Blockade on Venezuela Oil Tankers
President Donald Trump announces a total blockade of sanctioned oil tankers to Venezuela, escalating pressure on Maduro's regime. Read the latest on this major geopolitical move.
Fuel price gap costs drivers £4.60 per tank fill-up
AA data reveals petrol pump prices have barely fallen despite a sharp 7p per litre drop in wholesale costs, costing drivers significant savings ahead of Christmas travel. Discover why.
Fuel retailers accused of not passing on oil price savings
UK drivers have been overcharged by £5bn since 2022 as petrol stations fail to reflect falling wholesale oil costs. Find out why pump prices remain stubbornly high.
Fire guts Jakarta's main wholesale food market
A major blaze at Jakarta's Kramat Jati market has destroyed hundreds of stalls, raising serious fire safety concerns in the Indonesian capital. Read the full report.
Canada's Oil Pipeline Plan Sparks First Nations Fears
As PM Mark Carney considers lifting a 53-year tanker ban for a new pipeline, First Nations communities haunted by a 2016 oil spill warn of cultural and ecological devastation.
Ukrainian drones hit Russian oil tankers in Black Sea
Ukrainian naval drones strike two sanctioned Russian oil tankers in the Black Sea, dealing critical damage and disrupting Moscow's oil exports. Read the latest developments.
Canada signs pipeline deal that could reverse oil tanker ban
Canadian PM Mark Carney and Alberta Premier agree on Pacific pipeline to diversify oil exports beyond US. Deal includes potential tanker ban adjustment and carbon capture projects.
Pennsylvania's Massive Christmas Tree Auction Kicks Off Season
Over 50,000 Christmas trees and festive goods were sold at a Pennsylvania wholesale auction. Retailers from across the Northeast secured stock, with prices stabilising and optimism for real trees' return. Discover the trends shaping this year's holiday ma
Energy price cap rises £3 despite wholesale cost drop
Ofgem announces a 0.2% energy price cap increase for January, adding £3 to typical bills. Experts question the rise as wholesale costs fall and pressure mounts for government intervention in the Autumn Budget.
Ofgem confirms 0.2% energy price cap rise for January
Ofgem announces a 0.2% energy price cap increase for January-March 2026, adding £3 to the average annual bill. Discover what this means for your household budget.
Ofgem price cap rise to increase energy bills in January
Millions face higher energy bills from 1st January as Ofgem raises the price cap by 0.2%, contrary to expert predictions of a fall. Discover what this means for your household budget.
Energy bills to rise 0.2% from January
Ofgem announces a 0.2% increase to the energy price cap from January 1, adding around £3.36 annually to the average household bill. Discover what this means for you.
Energy bills to increase by 0.2% from January
Ofgem announces 0.2% energy price cap rise from January 1, adding £3 annually to average bills. Discover how this affects households across Britain.
Kiehl's Midnight Recovery Oil: 30% Off Deal
Kiehl's bestselling Midnight Recovery Concentrate face oil is now 30% off for Black Friday. Get overnight restoration for younger-looking skin at just £35. Shop the deal now!
Best Oil for Cooking Steak: Experts Reveal Top Choice
Cooking experts reveal why avocado oil is the secret to a juicy, flavourful steak. Discover the simple swap for a perfect sear every time. Try it tonight!
Ukraine attack on Novorossiysk halts Russian oil exports
Ukraine's long-range Neptune missile strike on Novorossiysk port suspends 2.2 million bpd oil exports, causing global price surge. Discover how Ukraine's new weapons are reshaping the conflict.
Oil Oversupply Warning: 8 Million Barrel Glut by 2030
Global energy watchdog IEA predicts massive oil oversupply by 2030 as demand peaks and production surges. Discover how this will affect energy markets and climate goals.
How to Find the Best Bottle of Olive Oil
Discover how to choose the highest quality olive oil. Experts explain what to look for, from certifications to taste profiles, to ensure you're buying the best.
North Sea Oil Crisis: Thousands Face Job Axe
Exclusive investigation reveals how sweeping new medical assessments could decimate Britain's offshore workforce, threatening energy security and livelihoods across Scotland's oil heartlands.
Drone Attack Hits Bulgaria's Burgas Oil Refinery
A major drone strike has targeted Bulgaria's largest oil refinery in Burgas, causing significant damage and raising fears of escalating Russian aggression in Eastern Europe. The sophisticated attack has prompted urgent NATO security reviews.
Saudi Aramco halts UAE fuel supplies in OPEC+ dispute
Saudi Arabia's state oil giant Aramco has suspended fuel supplies to the United Arab Emirates amid tensions over OPEC+ production agreements, signalling a deepening rift between the Gulf allies.
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