As it happened: Oil stockpiles ‘scarily thin’; BT jumps on TalkTalk rescue deal FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. Markets are hoping to claw back some of last week’s losses to kick off the week after a global bond rout set ripples through the world’s top exchanges. The FTSE 100 is gaining on Monday, reversing some of its losses from Friday. This morning, Brent crude – the international [...]
G7 agrees to release diesel reserves after crisis meeting Energy Leaders from the G7 have agreed to tap into 100m of diesel and oil from their reserves in a bid to stave off a soaring supply crisis and end an escalating feud between the Euope and the US. The club of wealthy democracies said on Friday that they would work with the International Energy Agency [...]