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Energy 5 February 2026 - 25 February 2026

Ofgem cuts UK energy price cap for April — here’s how much bills will fall

Ofgem cuts UK energy price cap for April — here’s how much bills will fall

Britain’s energy regulator Ofgem plans to trim its household energy price cap by 7% starting April 1, pulling the typical annual dual-fuel bill down to £1,641. That’s a yearly drop of £117—roughly £10 a month. Tim Jarvis at Ofgem called a budget tweak to policy costs “the main driver.” The regulator also flagged a jump in switching activity, up nearly 20% year-on-year, and noted last year’s fixed deals came in about £115 beneath the cap.
25 February 2026
Heating oil price today: ULSD futures edge up as U.S.-Iran talks and late-winter demand signals loom

Heating oil price today: ULSD futures edge up as U.S.-Iran talks and late-winter demand signals loom

Heating oil futures in the U.S. edged up Monday, tracking gains in crude as traders juggled geopolitical concerns alongside questions about late-winter consumption. The most-active March NY Harbor ULSD contract—still widely known as heating oil—added 1.64 cents to $2.4043 per gallon. Brent climbed 74 cents to $68.49 a barrel, and WTI picked up 76 cents, landing at $63.65.
16 February 2026
BP Q4 2025 results: BP halts buybacks after $4bn write-downs and a $1.5bn U.S. asset deal

BP Q4 2025 results: BP halts buybacks after $4bn write-downs and a $1.5bn U.S. asset deal

BP hit the brakes on its share buyback program Tuesday, opting instead to channel extra cash toward trimming debt and boosting oil-and-gas spending, after quarterly underlying profit numbers landed largely in line with forecasts. The company also flagged roughly $4.2 billion in impairments and disclosed it had unloaded a minority stake in its U.S. onshore oil assets for $1.5 billion.
10 February 2026
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Shell stock watch: Oil drops 1% and buyback scrutiny builds before the bell

Shell stock watch: Oil drops 1% and buyback scrutiny builds before the bell

Shell’s U.S. shares wrapped up Friday at $75.29, gaining 63 cents, or roughly 0.8%. Come Monday, the stock faces pressure as crude slides—Brent lost 1% early, touching $67.38 a barrel after the U.S. and Iran agreed to extend nuclear talks. “With more talks on the horizon the immediate fear of supply disruptions in the Middle East has eased quite a bit,” said IG market analyst Tony Sycamore.
9 February 2026
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