B
B

BP

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

UK fuel industry says it expects demand to return to normal soon

LONDON, Sept 27 (Reuters) - Britain's fuel suppliers said on Monday they expected normal demand to return in the coming days after a spate of panic-buying led pumps to run dry at filling stations across the country. "There is plenty of fuel at UK refineries and terminals, and as an industry we are working closely with the government to help ensure
B

British oil sector faces new hit before full pandemic impact

LONDON, Sept 27 (Reuters) - Britain's fuel retail sector, still recovering from the COVID-19 crisis, is facing further disruption after a shortage of truck drivers hit supplies to gas stations and led to panic buying. Drivers queued for hours at gas stations that were still serving fuel, albeit often rationed, as the Petrol Retailers Association (P
B

Shell says some sites in UK are running low on some grades of fuel

LONDON, Sept 27 (Reuters) - Royal Dutch Shell RDSa.L said on Monday that it had seen higher than usual demand for fuel across its network in Britain and that some sites were running low on some grades of fuel. "We are working hard to ensure supplies for customers," a Shell spokesperson said. "Since Friday we have been seeing a higher than normal de
B
C
E
T
N

UK ready to introduce further measures to resolve fuel crisis - PM's spokesperson

LONDON, Sept 27 (Reuters) - Britain is ready to introduce further measures to help deliver fuel to petrol stations after a shortage of drivers strained supply chains, Prime Minister Boris Johnson's spokesperson said. A shortage of truck drivers in Britain has triggered panic buying of fuel in some English cities, with queues of cars snaking back fr
B
C
E
T
N

Britain has no plans to get army to drive trucks yet, minister says

LONDON, Sept 27 (Reuters) - Britain has no plans yet to get the army to drive trucks to deliver fuel to petrol stations after a shortage of drivers strained supply chains, Environment Secretary George Eustice said on Monday. "We've no plans at the moment to bring in the army to actually do driving," Eustice said. Eustice said Ministry of Defence tr
B
C
E
T
N

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.