Oil prices struggle to rebound despite latest cuts from Saudi Arabia and Russia July 4, 2023 Fresh supply cuts from top exporters Saudi Arabia and Russia has failed to drive up prices for oil in this morning's trading.
Gold prices robust as more Fed interest rate hikes loom July 4, 2023 Gold prices are showing signs of resilience in this week's trading, following a two week decline that saw $30 knocked off its value.
Shell urged to set up Ukraine fund after Russian ‘blood money’ trading July 4, 2023 Shell is facing calls to set up a repair fund for war-torn Ukraine after continuing to trade in Russian LNG following the country's invasion.
Ofgem clamps down on firms handing out dividends without secure finances July 4, 2023 Ofgem will step in against suppliers that hand out dividends to shareholders before recapitalising, warned the watchdog's boss.
So Energy back on its feet – but trust must be won back, says boss July 3, 2023 The energy industry needs to win back the trust of customers following, argues the boss of a leading challenger firm.
Who’s next? Industry debt mountain threatens more than Thames Water July 3, 2023 Thames Water's troubles raise significant questions - such as who could be next and what happens now in the water industry.
Oil markets await new signals as demand fears offset supply cuts July 3, 2023 Oil prices have barely moved this morning, with concerns over demand growth offsetting expectations of tighter supplies later this year.
Make smart meters mandatory or miss net zero goals, energy firms warn July 3, 2023 Smart meters should be made compulsory to meet net zero goals and drive down ultra-high energy bills, argued two UK suppliers.
Thames Water woes expose wretched debt-plagued industry July 3, 2023 Thames Water is in serious trouble, but its problems reflect challenges with debt and sewage spills across the industry.
Oil markets suffer four quarters of losses as concerns grow over China slowdown June 30, 2023 Oil markets are on the verge of a year-long slide in prices with a fourth consecutive quarter of losses.