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Crude oil prices, demand and supply

The Brent spot price, with the price changes, outages and trade measures on crude oil that feed through to resin costs, counted as published.

Crude oil in 2026

Counted from producer notices, trade rulings and manufacturer statements as they are published.

  • Price increases0None published
  • Price decreases0None published
  • Capacity changes0None published
  • Trade measures0None published
  • Orders0None published
  • Deliveries0None published

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No trade measures published on crude oil in 2026 yet.

Latest on crude oil

U.S. Energy Information Administration · 10 Nov 2026Charted

US forecasters expect oil near $100 this year, easing in 2027

Oil stays dear through year end and only eases next year, on an official forecast. Resin and bitumen costs follow crude, so expect firm prices on roofing and laminating resins this winter; cheaper US gas does little for UK buyers.

Bank of England · 5 Nov 2026Charted

Bank of England lifts rate to 4% as energy costs climb

Interest rates are up again, with Brent at USD 108/bbl and gas at 216p/therm behind the Bank's inflation outlook. Both feed resin, bitumen and coating costs, so expect producer price notices to follow in the coming months.

Department for Energy Security and Net Zero · 29 Oct 2026Charted

UK energy production falls 7.0% while gas-fired generation rises 10%

For green energy and industrial contractors, the diesel rise could feed into site plant, crane and haulage costs on wind and solar jobs, so fixed-price tenders may need a fuel clause. Continued reliance on gas generation means power costs for energy-intensive resin and fibre production could stay volatile and may show up in composite price notices.

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