Oil market set for weekly loss as Omicron fears dent demand December 17, 2021 Oil prices dipped again on Friday as fears over the effects of the Omicron variant on air travel demand spread across the market.
UK gas prices reach all-time highs as winter tensions mount across Europe December 17, 2021 UK gas prices surged to an all-time high of 350p per therm earlier this week amid soaring demand and supply concerns.
Gazprom’s export growth to European markets slows over winter as energy crisis deepens December 15, 2021 The pace of Gazprom's natural gas exports' growth to Europe has slowed down in recent months, with fears of blackouts this winter.
Oil prices drop amid concerns of reduced travel demand as Omicron spreads worldwide December 15, 2021 Oil prices are still falling after IEA's gloomy update this week, forecasting reduced air travel demand as Omicron spreads around the world.
Keir Starmer’s anti-Brexit frontbench needs to banish their love of Brussels December 15, 2021 There’s at least one Christmas Party the Prime Minister will enjoy remembering. On December 12, 2019, Boris Johnson celebrated in style after wrapping himself in Brexit and securing an election landslide. It’s easy to forget now as the Prime Minister fights for his political life, but just two years ago he handed the Tories an [...]
Equinor offers stake in North Sea oil field for $1bn December 14, 2021 Equinor is looking to offload a 19 per cent stake in the Martin Linge oilfield based in the North Sea, with the aim of raising $1bn in funds.
Russia invasion of Ukraine would have ‘significant consequences’, Johnson tells Putin December 13, 2021 Boris Johnson has today warned Russia President Vladimir Putin that there will be “significant consequences” if he moves to invade Ukraine. The pair spoke this afternoon, with a Number 10 spokesperson saying that Johnson “expressed the United Kingdom’s deep concern over the build-up of Russian forces on Ukraine’s border, and reiterated the importance of working [...]
OPEC remains bullish on oil demand and downplays Omicron variant December 13, 2021 OPEC raised its oil demand forecast for the first quarter of 2022, anticipating the new Omicron variant will be “mild and short-lived”.
Gas prices rise amid escalating Russia tensions and Nord Stream 2 uncertainty December 13, 2021 Gas prices have surged amid growing tensions over Russian troops at the Ukrainian border and increased Nord Stream 2 pipeline uncertainty.
Avoidable errors have left Ukraine at the mercy of the Kremlin December 13, 2021 Cast your mind back to 2012 and the US Presidential election. Apart from the striking civility of political debate even a decade ago, what’s most memorable about the campaign is Barack Obama’s savage putdown to Mitt Romney’s foreign policy credo. “The 1980s called – it wants its foreign policy back,” said the President. Romney’s crime [...]