Consumers brace for another cost of living squeeze as oil prices surge to a 7 year high
26 January 2021
Consumers brace for another cost of living squeeze as oil prices surge to a 7 year high
- Brent crude surges above $89.5 a barrel due to supply constraints and geopolitical tensions.
- Forecasts that oil could hit as much as $120 a barrel.
- Petrol prices hit £146.06 and are set to surge higher in weeks to come.
- UK Natural gas prices at a two week high of 220 a therm, quadruple the...