What's happening to oil prices today

2nd April 2026

Oil is spiking sharply.

Global benchmark (Brent crude) is now around $107-$108 per barrel after jumping 6-7% today.

It has surged 50% since late February due to escalating conflict in the Middle East.

Petrol and Diesel prices are volatile still.

Heating Oil Price
Yesterday 1 April 2026 the price on Boiler Juice was145.36 pence per litre
There may be slight variations locally