Oil prices could surge above $150 per barrel if Hamas-Israel conflict escalates October 30, 2023 Oil prices have dipped in this morning's trading, with investors waiting to see whether the US Federal Reserve hikes rates again.
FTSE 100 close: London ticks up on economic data, banking stocks pare losses October 24, 2023 London’s FTSE indices closed higher on Tuesday, paring losses from this morning as investors mulled key economic data and the state of the UK’s banking sector. The blue-chip FTSE 100 traded 0.2 per cent higher at 7,389.70, while the mid-cap FTSE 250 dropped 0.38 per cent to 16,994.10. Investors weighed S&P Global’s Purchasing Managers’ Index, [...]
Global uncertainty strengthens case for UK oil and gas, says industry boss October 23, 2023 Emerging geopolitical challenges are strengthening the case for domestic oil and gas production, argued the chief executive of OEUK.
Oil markets rattled by fears of escalating conflict in Middle East October 15, 2023 Oil prices will begin trading tomorrow following a sharp surge in prices, with investors spooked by the prospect of protracted conflict in the Middle East.
Oil prices slide as economic woes compete with geopolitical risks October 11, 2023 Oil markets have eased in today's trading with investors awaiting further price signals following worries over geopolitical risk.
Net zero risks energy security, says OPEC, as cartel slashes oil output October 10, 2023 Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC.
FTSE 100 close: Markets muted as airlines are hit by Israel conflict October 9, 2023 London's FTSE markets were muted on Monday as investors grappled with the implications of the surprise attack launched on Israel by Hamas.
Oil prices surge after Hamas attack on Israel raises supply fears October 9, 2023 Oil prices have spiked amid growing political uncertainty in the Middle East, following Hamas' attack on Israel.
OPEC+ opt against further oil output cuts as prices drop on demand fears October 5, 2023 Oil prices have slide after OPEC+, opted against further changes to the group's hawkish output cuts this year.
Oil markets confirm massive quarterly gains as OPEC+ sustain hefty supply cuts October 1, 2023 Oil markets have consolidated massive rallies over the third quarter of this year, powered by hefty output cuts from OPEC and its allies.