Oil prices head above $80 per barrel as fuel crisis beds in

Petrol prices have forced the government to resort to extreme measures. Photo: Getty

Petrol prices have forced the government to resort to extreme measures. Photo: Getty

Energy markets have stayed in focus as the most volatile factor in markets on Tuesday in London, as the price of oil per barrel headed above $80 for the first time in around three years. 

Brent Crude (BZ=F) was 1% higher, to trade at $80.34 (£58.75) at the opening bell in London. Crude (CL=F) was also up around 1% to trade at $76.27. 

The fuel supply crisis has forced the UK government to draft in the army…


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