Earlier today

Fuel costs climb with oil

Pushes upSince · updated

Illustration: a Manila street with a crowded jeepney and a roadside fuel pump whose hose is stretched taut like a rising thermometer
Illustration

Oil rebounded, with Brent up 4.49%. Higher fuel prices are squeezing households in several countries.

Philippine inflation reached 7.8% in October, its highest in years, on higher fuel prices and fares. Malawi faces a nationwide fuel shortage.

Emirates Group's first-half profit fell about 66% as the Gulf conflict and fuel costs weighed.

WTI oil gained 3.21% to $90.95.

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