UK looks north: Oil and gas remain key to energy independence March 14, 2022 The UK is seemingly committed to North Sea oil and gas as it cuts itself off from Russian energy supplies following the invasion of Ukraine.
Iran suspends Saudi Arabia talks while US deal hits Russian roadblock March 13, 2022 Iran has paused talks with Saudi Arabia while Russian demands have curtailed its attempts to revive former arrangements with the US.
Most millennial investors think they will be financially stronger after the pandemic March 11, 2022 More than 60 per cent of millennial investors believe they’ll be financially stronger after the pandemic then before it. While coronavirus had a devastating impact on many parts of the economy, those aged 18-34 saw it as an opportunity to enter different markets. The majority of millennials looked to adapt to the ‘new normal’, according [...]
Fintech cash injection from Canadian pension fund reignites calls for UK schemes to ‘step up’ March 11, 2022 A cash injection from one of Canada’s biggest pension funds into a London fintech firm has reignited calls for UK pension funds to “step up” and back British tech today.
“An atlas of human suffering”: IPCC climate change update March 11, 2022 | City Talk “Code red for humanity” warned headlines around the world in August last year, quoting UN Secretary-General António Guterres when the Intergovernmental Panel on Climate Change published part one of its assessment report. That concluded that warming of 1.5°C above pre-industrial levels will be reached by 2040. Part two issued this week makes even graver reading. [...]
Oil prices to remain high despite ‘unprecedented’ volatility March 10, 2022 Oil prices have gone on a wild journey this week - with prices fluctuating amid escalating conflict in Ukraine.
Gas prices hit record levels this month reveals Office for National Statistics March 10, 2022 Gas prices soared 66 per cent in the week up to 6 March 2022 to record levels at 15.5p per kilowatt hour (kWH), according to the ONS.
UAE hints at supporting boost in oil supplies following Russia’s invasion of Ukraine March 10, 2022 OPEC member United Arab Emirates called for more oil supplies to be pumped into the market yesterday amid fears of supply shortages.
How stock markets perform after heavy falls March 9, 2022 | City Talk While public attention has understandably focused on the grave humanitarian consequences of the invasion of Ukraine, global markets have reflected investors’ concerns about financial and economic impacts. Our live blog on the Ukraine crisis will be updated regularly throughout the week, it can be found here. To date the current crisis has seen major markets fall [...]
OPEC+ underperforms as politics weighs on oil output March 9, 2022 Oil prices remain elevated in a volatile market, with OPEC+'s performance under increasing scrutiny amid escalating conflict in Ukraine.