By: Jessica Morris

I write about energy and industrials for City A.M. I'm particularly interested in geopolitics, energy policy and, of course, the ever lively oil markets.

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Brent crude and WTI: Oil climbs even higher amid rising optimism over freeze meeting

April 12, 2016

Oil prices burst into life this afternoon, extending earlier gains after a report suggested Russia and Saudi Arabia have agreed to freeze output ahead of a widely anticipated meeting in Doha on Sunday. Russia's Interfax news agency quoted a diplomatic source in Doha saying the two countries had reached a consensus about an output freeze [...]
Opec faced with waning influence in the global oil markets

April 12, 2016

Generally speaking the winners of the oil price slump have been big oil-importing economies such as the US, Europe, and China, while Opec oil-exporting states and other big exporters such as Russia are among the losers. The American and European economies are getting a fillip from reduced energy import costs and their consumers are enjoying [...]
Here’s what [XX] experts think about the potential freeze deal (for Friday)

April 12, 2016

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Sajid Javid assures he’s fighting for British steel “every hour”

April 12, 2016

Business secretary Sajid Javid said today that he's fighting for the UK's embattled steel industry "every hour of the day". Speaking during a three-hour emergency debate regarding Britain's deepening steel crisis in the House of Commons, he said: "The challenges we face are great, the crisis the steel industry faces is global, but I am fighting for Britain's steel [...]
Emergency debate on steel in the House of Commons later

April 12, 2016

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Shell could sell some North Sea assets

April 12, 2016

Royal Dutch Shell could sell some of its older, lower grade North Sea assets as part of a two-year programme to help pay for its £35bn purchase of BG. It confirms previous reports that the oil major would use its assets there to help hit a $30bn sales target between 2016 and 2018, a goal which will go towards financing the [...]
Lonmin shares pop as CFO departs after “challenging” fundraising

April 12, 2016

Lonmin shares tracked higher this morning, after the struggling platinum miner said that its chief financial officer would step down following a "challenging" fundraising round last year. Simon Scott, who was appointed to the board in 2010 and served as acting chief executive from August 2012 to July 2013, is leaving to pursue "other interests". He oversaw a $407m (£270m) rights [...]
Cheese power: Plant in the lake district to generate green energy from Cumbrian cheese

April 12, 2016

A British company has come up with the un-brie-leavable idea of generating green energy from old cheese making waste. The £10m project in Cumbria, commissioned by British company Clearfleau and built for Lake District Biogas, will operate for 20 years, using waste from dairy company First Milk's nearby Aspatria creamery site. Read more: Brits are obsessed with cheddar while [...]
Pound jumps against the dollar as UK inflation figures beat expectations in March

April 12, 2016

The pound jumped against the dollar this morning, after UK inflation for March beat economists' expectations, data released today by the Office for National Statistics (ONS) has shown. British consumer prices rose 0.5 per cent year-on-year in March, ahead of expectations for a 0.4 per cent increase, and up from 0.3 per cent a month earlier. Read more: Inflation basket [...]
Brent crude and WTI: Oil prices jump back ahead of crucial meeting of producers

April 11, 2016

Oil prices shook off early losses today to gain around two per cent, ahead of Sunday's crunch meeting between the world's major producers. Prices had earlier dipped on doubts that a production freeze from some of the countries taking part in the talks in Doha will be enough to balance markets. Brent crude, the global benchmark, fell [...]

FTSE 100 Live: Stocks to tumble as interest rate decision looms; Oil falls as ‘economic catastrophe’ avoided

Exclusive: O2 Arena bosses pitch to host another Formula 1 launch event

Bowls Club is the City’s most eccentric (and brilliant) pop-up

By: Jessica Morris

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