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oil services

  • As it happened: FTSE 100 see-saws amid global jitters as market outlook turns ‘risky and dangerous’

    June 10, 2026

    Good morning and welcome back to the City AM liveblog. Markets were not getting too excited at the beginning of this week when Donald Trump said a peace deal with Iran was “very close”. And last night’s exchange of strikes might explain why. The US has said it completed a series of strikes against Iran [...]

  • As it happened: FTSE 100 and Wall Street hit by stock sell-off; CBI cuts UK GDP

    June 9, 2026

    Welcome back to the City AM liveblog. Rachel Reeves is staring down another bruising growth downgrade this morning after the Confederation of British Industry (CBI) slashed the UK’s GDP forecast to 1.1 per cent for the year. The figure is a drop from 1.4 per cent last year and below the previous consensus of 1.3 [...]

  • As it happened: Stocks and oil recover as Iran declares end to strikes; tech rally rocks markets

    June 8, 2026

    Good morning and welcome back to the City AM liveblog. The FTSE 100 edged into the green on Monday lunchtime and US futures pointed to gains, as the markets looked to claw back early jitters caused by fresh Middle East strikes and a tech stock sell-off. An exchange of fire from Iran and Israel left [...]

  • As it happened: Stocks jitter on stalling US-Iran talks; OECD unemployment warning

    June 3, 2026

    Welcome back to the City AM liveblog. Markets are being pulled in countless directions from the conflicting information emerging around the conflict in the Middle East. The FTSE 100 managed to shrug off some of these jitters yesterday and secure a finish 0.3 per cent higher as the price of oil slipped. But this morning [...]

  • As it happened: Stocks shrug off stalling Iran peace talks; OBR warns Reeves

    June 2, 2026

    Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday after reports emerged from Iranian state media that Tehran was pulling out of peace talks with the US. A proposal that included a 60-day cessation of violence and a play to re-open the Strait of Hormuz has hung in the balance [...]

  • As it happened: FTSE 100 plunges as Iran pulls out of US peace talks; Mandelson files released

    June 1, 2026

    Good morning and welcome back to the City AM liveblog. Oil has nudged a touch higher to $93 per barrel this morning as uncertainty continues to cloud any prospect of a peace deal in the Middle East. The latest peace proposal between the US and Iran was said last week to be awaiting on the [...]

  • As it happened: Stocks rise on Iran peace hopes; Asda and Ocado deal

    May 29, 2026

    Good morning and welcome back to the City AM liveblog. After investors kicked into sell-off mode on Thursday amidst spiking tensions as the US and Iran exchanged strikes, attention is quickly turning back to hopes of a peace deal this morning. US and Iranian negotiators are reported to have reached an agreement on a 60-day [...]

  • As it happened: Stocks plummet on latest Iran war tensions; Neets crisis a ‘human tragedy’

    May 28, 2026

    Good morning and welcome back to the City AM liveblog. The US and Iran are back to exchanging fire in a major blow to hopes of peace in the Middle East. Tehran struck an American airbase overnight in its retaliation for the US striking a military site that it said “posed a threat to US forces [...]

  • As it happened: US-Iran peace hopes sends oil lower; Brits handed energy price cap blow

    May 27, 2026

    Good morning and welcome back to the City AM liveblog. Global markets were able to take the new developments in the Middle East in their stride on Tuesday amid hopes a peace deal was on the horizon. The FTSE 100 ended the day in the green and despite some choppy trading oil prices eased. This [...]

  • As it happened: Stocks jump on peace hopes; Reeves hit by falling retail sales and surge in borrowing

    May 22, 2026

    Good morning and welcome back to the City AM liveblog. Oil prices remain volatile and heightened as peace talks in the Middle East continue to run into stumbling blocks. Brent crude futures were up to $104 this morning following reports that Iran’s Supreme Leader was ordering for the nation’s enriched uranium reserves to remain in [...]

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