Latest UK Fuel & Oil News
Recent stories driving UK fuel supply, prices, and reserve levels.
UK supply-risk themes from the latest data
Sources: DESNZ Energy Trends, tables 3.11 & 3.13 · DESNZ weekly road fuel prices · Brent front-month futures (see methodology) · DUKES 2026, tables 3.7 and 3.2 (published 30 July 2026)
AI analysis of DESNZ reserve and price data, reviewed 12 September 2026 · Data bundle published 15 September 2026, 20:26 UTC · See full dashboard →
Hormuz Risk Opens $40-Plus Price Gap Between Crude Grades
Back in late June, after the United States and Iran agreed to cease hostilities in the Persian Gulf for 60 days, oil prices took a dive. Two months later, Brent is trading at over $107 per barrel, and WTI is moving close
Read full article →U.S. Oil Inventories Jump as Cushing Stocks Keep Falling
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a very large 7.14 million barrels in the week ending September 11. In the week prior, US crude oil inventories fell
Read full article →Sam Altman Is Selling Utilities the Cure for a Cyberattack His Own AI Helped Cau
The artificial intelligence boom is driving a new wave of autonomous cyberattacks, posing a major and growing threat to critical infrastructure, including the energy grid. Ninety percent of state government chief intelli
Read full article →Texas Pumped Over a Quarter of All U.S. Natural Gas in 2025
U.S. gross natural gas withdrawals reached 47.7 trillion cubic feet in 2025, with a small group of states accounting for most of the total. Much of this output comes from prolific shale formations such as the Permian, Ma
Read full article →
US borrowing costs hit highest level since 2007
The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since.
Read full article →ADNOC Scoops Up Iraqi Crude at $25 Per Barrel Discount
ADNOC is buying tens of millions of barrels of deeply discounted Iraqi crude, processing much of it at home and freeing more of its own barrels for export through a route that avoids the Strait of Hormuz. The UAE produce
Read full article →The New ‘Mecca Alliance’ Warns Iran Over Houthi Attacks on Saudi Arabia
Despite the official Iranian view reiterated last week that it “does not control the Houthis [in Yemen]”, it was senior Islamic Revolutionary Guard Corps (IRGC) commanders in Tehran who ordered the 8 September attacks on
Read full article →BRICS Summit Takes Aim at U.S. Influence Over the Global Economy
Like the Shanghai Cooperation Organization, BRICS, the global grouping of emerging markets and developing countries, is intent on diminishing Western influence over the world economy. And just like the SCO summit earlier
Read full article →US Energy Secretary: Saudi Pipeline Could Be Back in Service Within Days
Saudi Arabia’s East-West oil pipeline could be back in service within days, U.S. Energy Secretary Chris Wright said Tuesday, offering the first relatively concrete timeline for restoring a route that had been moving 4 mi
Read full article →Saudi Oil Crisis Deepens as Aramco Suspends Yanbu Loadings
Saudi Arabia suspends Yanbu oil loadings after halting its East-West pipeline, sending Brent back to $108. Asia’s Oil Crunch Sends Regional Benchmarks to Record Highs - Asia’s oil industry is facing a double whammy of su
Read full article →Libya Threatens Force Majeure as Oil Guards Shut Fields
Libya’s National Oil Corporation is threatening to declare force majeure after members of the security force assigned to protect the country’s oil infrastructure shut a pipeline valve and halted production at two fields.
Read full article →U.S. Diesel Prices on Track for Record Year
Diesel prices in the U.S. just climbed above the previous weekly record set in 2022, and the 2026 annual-average record is now within striking distance. Gasoline prices, while still elevated, are unlikely at this point t
Read full article →Saudi Aramco Cancels European Crude Cargoes as Key Pipeline Stays Shut
Saudi Aramco has canceled or delayed crude deliveries to European refiners after the shutdown of the kingdom’s East-West pipeline cut into one of its remaining routes around the Strait of Hormuz. At least three European
Read full article →Can The Power Grid Handle AI And Wildfires At The Same Time?
Federal regulators handed utilities a deadline this summer that has nothing to do with a storm or a heat wave. On July 16, the Federal Energy Regulatory Commission ordered the North American Electric Reliability Corporat
Read full article →Russia and Ukraine Exchange Strikes Despite Trump’s Claim of a Truce
Russia and Ukraine exchanged strikes overnight, hitting a gas station and an oil refinery, according to local authorities and monitoring Telegram channels. The attacks on September 14-15 came just hours after US Presiden
Read full article →
Asia to spearhead global upcoming liquid storage growth additions by 2030
Asia is set to lead the global liquids storage capacity additions to 2030, supported by a strong pipeline of new builds and expansions.
Read full article →China’s Yuan Crude Oil Futures Jump to Record High
The yuan-denominated crude oil futures trading in China hit this week their highest level since the contract was launched in 2018 as escalating threats to Middle East’s oil supply and increased purchases by Chinese refin
Read full article →
Santos agrees LNG arrangements with POSCO and Ksi Lisims
Santos has agreed two separate non-binding liquefied natural gas (LNG) arrangements covering supply to POSCO Steel and purchases from the proposed Ksi Lisims LNG project in Canada.
Read full article →
State pension likely to top £13,000 a year as UK wage growth slows to 3.9%
The rise has reignited the debate about the state pension's long-term affordability and generational fairness.
Read full article →
Wood secures $200m contract from ExxonMobil for PNG LNG project
Wood has secured a $200m contract from ExxonMobil PNG to deliver construction services for the PNG LNG Project in Papua New Guinea (PNG).
Read full article →
Saipem wins $350m offshore contract from Azule Energy Angola
Saipem has secured an offshore contract in Angola valued at about $350m from Azule Energy Angola, a joint venture owned by Eni and bp.
Read full article →
Trump says AI safety fears a 'hoax' as he rejects calls for greater safeguards
The US president's comments come after Anthropic co-founder Jack Clark told the BBC an AI "kill switch" may need to be mandatory.
Read full article →
Two months to go: get your ticket for OEEC 2026
Offshore Technology is a media partner for OEEC 2026, which takes place on 24 and 25 November at RAI Amsterdam.
Read full article →
Avenrock Energy to purchase Parallax Energy Operating in Alberta
Avenrock Energy, a newly launched energy company in Canada by Carlyle, has agreed to acquire Parallax Energy Operating from Carnelian Energy Capital.
Read full article →
Pubs, hotels and gyms in Wales to get 30% business rates cut
The cuts comes into effect in April, but the largest businesses will pay higher rates to fund the changes.
Read full article →
AI regulation faces political deadlock as calls grow for Congress to act
With Trump opposed and Congress divided, new safety legislation on AI is unlikely to pass anytime soon despite mounting pressure.
Read full article →
AI 'kill switch' may need to be mandatory, Anthropic co-founder tells BBC
US President Donald Trump dismisses calls to slow the development of AI, saying that claims of it "taking over the World" are a "HOAX".
Read full article →
I got paid $5,000 to move to a place I'd never heard of
Relocation schemes offer support for people who want to swap big cities for a cheaper, quieter life.
Read full article →
Pubs in England and Wales to allow digital ID apps to prove age
New rules introduced on Tuesday mean establishments will be able to accept digital ID apps alongside physical documents.
Read full article →
Carney gambles on the world's biggest investors betting on Canada
In the midst of a trade war with the US, the prime minister leveraged his connections in global finance to invite some of the world's biggest investors to Canada.
Read full article →Weekly UK Fuel Briefing
Every Tuesday: UK reserve status, price movements, and supply-risk signals — in one concise email.
Read by UK fleet operators, procurement teams, and energy analysts.