BBCNEWS BBC News February 8, 2022 14:44:00
And geopolitical tensions has seen oil prices almost double. wholesale gas prices are currently five times higher than they were before the pandemic. last year bp made profits of £9.5 billion. and only last week another oil giant, shell, announced profits of £14 billion. but when economies around the world were shut due to the covid—19 pandemic in 2020, bp made losses of £4 billion. butjust as bp have benefited from these huge rises in energy prices, households are paying the price. jenny has to pay for her gas and electricity in advance and as a prepayment customer, she is already paying...