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Oil prices

  • King’s Speech: What to expect from the State Opening of Parliament?

    November 6, 2023

    King Charles will make his first King’s Speech in Parliament on Tuesday as he outlines the government’s legislative agenda for the next year.

  • Oil heads for weekly loss as Israel-Hamas war risk premium wanes

    November 3, 2023

    Both benchmarks gained more than $2 a barrel on Thursday, but were on track to lose up to 3% on the week.

  • Oil mega deals lift October M&A activity despite year-to-date declines

    November 2, 2023

    Mega deals in the oil industry hiked October merger and acquisition activity to its highest level in 17 months.

  • Oil prices rise ahead of US interest rate decision

    November 1, 2023

    Oil prices climbed more than one per cent today as investors await the latest interest rate decision from the US Federal Reserve.

  • 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.

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