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oil services

  • As it happened: FTSE 100 rises after inflation jump; oil supply in focus

    September 16, 2026

    Welcome back to the City AM liveblog. UK inflation has seen a fresh spike to 3.1 per cent in August, up from 2.9 per cent the month prior. The fresh print comes as Brent crude – the international benchmark for oil – holds around the $108 per barrel mark, near four-month highs. Industry data managed [...]

  • As it happened: FTSE 100 stocks led higher by software firms; oil at four-month high

    September 14, 2026

    Welcome back to the City AM liveblog. The price of oil has smashed a four-month high following on from last week’s nine per cent rally. Brent crude – the international benchmark for oil prices – rose towards $108 per barrel on Monday morning following the news that Saudi Arabia had shut a major crude pipeline [...]

  • As it happened: FTSE 100 inche up as oil holds gains; Healey says UK paying ‘Truss penalty’

    September 7, 2026

    Welcome back to the City AM liveblog. Markets are returning from the weekend to weigh up the latest round of rising tensions in the Middle East after the US and Iran have continued to exchange strikes stoking fears of a hit to global oil supply. Brent crude – the international benchmark for oil prices – [...]

  • As it happened: Vodafone leads FTSE 100 rally after TV launch; oil jumps again

    September 3, 2026

    Welcome back to the City AM liveblog. Telecoms giants Vodafone and Airtel Africa led a FTSE 100 rally on Thursday afternoon. Investors brushed off early losses caused by the steep sell-off in the the bond market. Two-year gilt yields, which gauges short term interest rate expectations, have jumped over 4.5 per cent, pushing up borrowing [...]

  • As it happened: FTSE 100 drops; bonds sell-off cools but oil holds firm

    September 2, 2026

    Welcome back to the City AM liveblog. The FTSE 100 fell again on Wednesday as oil prices rose higher for the third consecutive session and keeping pressure on global markets. Brent crude – the international benchmark for oil prices – held around the $95 per barrel mark, securing it highest level since mid-July. It follows [...]

  • As it happened: FTSE 100 slides as bound rout deepens; Oil jumps as Trump vows more strikes on Iran

    September 1, 2026

    Welcome back to the City AM liveblog. The London market is returning from the Bank Holiday break to a fall as tensions in the Middle East are simmering over again leading to the price of oil moving higher. Brent crude – the international benchmark for oil prices – climbed over $91 per barrel on Tuesday, [...]

  • As it happened: FTSE 100 rallies after JD Sports drags on blue chips; oil jumps again

    August 20, 2026

    Welcome back to the City AM liveblog. The FTSE 100 has slipped to a week low on Thursday, as JD Sports dragged on the index after warning on profit. The blue-chip index fell to 10,693 around midday, marking a 0.46 per cent drop on Wednesday’s close and a 0.7 per cent fall in the week [...]

  • As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz

    August 19, 2026

    Welcome back to the City AM liveblog. The FTSE 100 is falling on Wednesday as oil prices continue their march upwards and investors digest a jump in inflation. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation reading [...]

  • As it happened: FTSE 100 mixed; oil breaks $91 as Trump rules out new US-Iran ceasefire

    August 18, 2026

    Welcome back to the City AM liveblog. Oil prices are marching higher after Donald Trump refused to extend the ceasefire between the US and Iran following its expiration on Monday. Brent crude – the international benchmark for oil prices – broke above $91 per barrel as tensions persisted over the Strait of Hormuz and a [...]

  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

    August 14, 2026

    Welcome back to the City AM liveblog. Oil prices are holding up at $87 per barrel this morning as investors remain locked in wait-and-see mode while monitoring new updates coming out of US-Iran negotiations and efforts to reopen the Strait of Hormuz. The Iranian regime handed a major blow to peace optimism after suggestining it could [...]

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