Story perspectives

Ofgem to raise UK energy price cap 4% in October

By Drooid · Sep 11, 2026, 5:39 PM UTC · How we work

Summary

Story summary

Ofgem will raise the UK energy price cap 4% in October.
UK gas prices rose 3% to 195p per therm, the highest level since December 2022.
Brent crude increased 3% to $100.50 a barrel after Iranian tanker attacks on 8 September.
UK petrol reached 167.17p per litre and diesel 188.63p, matching four-year highs.
Analysts say the Ofgem cap could rise 13% in January as gas prices stay high.

1 of 1

Story summary

Ofgem will raise the UK energy price cap 4% in October.
UK gas prices rose 3% to 195p per therm, the highest level since December 2022.
Brent crude increased 3% to $100.50 a barrel after Iranian tanker attacks on 8 September.
UK petrol reached 167.17p per litre and diesel 188.63p, matching four-year highs.
Analysts say the Ofgem cap could rise 13% in January as gas prices stay high.