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oil and gas

  • As it happened: FTSE 100 gains; oil rises despite Trump’s Russian diesel deal

    FTSE 100 Live

    Welcome back to City AM‘s FTSE 100 live blog. The UK’s blue-chip index is set to make gains on Monday morning, picking up where Friday’s rally left off. Oil prices fell in early trading, as Brent crude – the international benchmark for oil – dipped below $104 per barrel following President Trump’s plans to import [...]

    Breaking news live blog update graphic with a digital clock and world map backdrop for a real-time information feed.
  • As it happened: FTSE 100 rallies as oil falls back after Trump’s Iran war pledge

    FTSE 100 Live

    Welcome back to the City AM liveblog. Donald Trump has said the US has engaged in “productive discussions” with Iran and would refrain from attacking the country before the midterm elections, bringing relief to the oil market. It’s taken the price of Brent crude back slightly, though it has remained around $103 per barrel after [...]

    The UK could enjoy a 50 per cent production boost without breaking its net-zero pledges
  • As it happened: Oil surges after Trump says he doesn’t ‘really want’ Iran peace

    FTSE 100 Live

    Welcome back to City AM‘s FTSE 100 liveblog. The FTSE 100 has returned to the red after markets were hit by the spiking price of oil this week that led to a global bond sell-off. The UK’s 10-year gilt yield rose ten basis point yesterday before giving up some gains to settle seven basis points higher at [...]

    Donald Trump speaking outdoors, wearing a suit and red tie, with an American flag in the blurred background.
  • UK ‘uninvestable’ if North Sea projects are blocked

    October 7, 2026

    The UK will be uninvestable in the eyes of most energy companies if the government blocks the Jackdaw and Rosebank oilfields in the North Sea, the boss of Norway’s state-run oil and gas firm has warned. Equinor chief Anders Opedal said his firm could pull out of future projects in the UK if the two [...]

  • Shell eyes profit windfall from surging fuel prices

    October 7, 2026

    Shell is poised to reap major gains from its refining operations after the global surge in fuel prices dramatically ramped up the group’s profit margins. The blue-chip energy giant said on Wednesday it expects its indicative refining margin – the difference between the cost of crude oil and the market value of finished fuels like [...]

  • As it happened: FTSE 100 slide as oil price jumps; Global bond yields higher

    October 7, 2026

    Welcome back to City AM‘s FTSE 100 liveblog. Global markets are swimming in the red as the price of oil trends higher following tensions in the Middle East offsetting a rise in supply. Brent crude – the international benchmark for oil prices – tipped over $101 per barrel on Wednesday following intensified attacks on tankers in the [...]

  • As it happened: FTSE 100 jumps as oil price eases after crude exports rise

    October 6, 2026

    Welcome back to City AM‘s FTSE 100 liveblog. The oil market is getting some relief as crude exports recover but the price of a barrel is stubbornly holding over the $100 mark. Brent crude – the international benchmark for oil prices – traded near $100 per barrel on Tuesday morning after declining in the previous session. It [...]

  • As it happened: Oil stockpiles ‘scarily thin’; BT jumps on TalkTalk rescue deal

    October 5, 2026

    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 [...]

  • As it happened: Stocks bounce as G7 approves emergency oil release after bound rout

    October 2, 2026

    Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more

  • As it happened: FTSE 100 rocked by global bound rout; Oil back over $100

    October 1, 2026

    Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more

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  • As it happened: FTSE 100 gains; oil rises despite Trump’s Russian diesel deal

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