Oil rose on Thursday after falling more than $1 in the previous session, supported by hopes of a breakthrough in looming trade talks between the U.S. and China, the world's two largest oil consumers.

Oil prices rose over 1% on Thursday as markets anticipated a U.S.-UK trade deal and the beginning of U.S.-China trade talks.

The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – if you are able. The average price of 500 litres of home heating oil is £258.78; a litre of petrol costs 128.7p, and diesel is 133.4p per litre, according to Consumer Council NI's (CCNI) weekly price checker.