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Oil price starts week with sharp risePhoto by mdherren on Pexels
Business
Energy

Oil price starts week with sharp rise

CNN Portugal14 September 2026 at 05:54

Oil prices started the week with a sharp rise. On Wednesday, the Brent barrel price surpassed the $100 barrier for the first time since July.

Why this matters

The rise in oil prices directly affects fuel costs, which impacts transportation expenses and the cost of living for consumers, as well as influencing the operational costs of various industries that depend on petroleum products.

About this summary

This is our short summary of a report published by CNN Portugal on 14 September 2026 at 05:54; the full text stays with the publisher. In our feed it sits under Business. We currently carry 22233 items in that section.

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