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Home News Business

Warning over fuel prices as oil hits 10-month high

admin by admin
September 19, 2023
in Business
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  • By Michael Race
  • Business reporter, BBC News
19 September 2023, 09:37 BST

Updated 10 minutes ago

Image source, Getty Images

Drivers have been warned of rising fuel costs after global oil prices surged to their highest level for 10 months.

Brent crude, a benchmark for prices, breached $95 a barrel on Tuesday amid predictions of shorter supplies.

It came as the International Energy Agency (IEA) said a decision by Saudi Arabia and Russia to cut production could cause a “significant supply shortfall” by the end of this year.

The RAC motoring group…



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