DAILY BRIEFING: Hurricane Harvey sends US petrol prices surging 20%



PETROL PRICES The price of petrol has surged 20 per cent in a week in America after Hurricane Harvey ripped through Texas, knocking out a fifth of US oil refineries. 
It means there are fewer places where crude oil can be turned into fuel for cars, pushing prices above $2 a gallon for the first time since July 2015. 
A flotilla of tankers is headed to America from Europe as traders look to make money by plugging the gap.
CHOCOLATE DEAL Sainsbury’s has signed a contract to stock luxury Godiva chocolates across its stores. The supermarket will become the first British grocer to sell the... read more

 
31 August 2017 in Business, Views: 47
Source: Daily Mail
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