Hillary Clinton slams ‘shameful’ decision to delay Russian interference report November 12, 2019 Hillary Clinton has slammed the UK government for delaying the release of a report into potential Russian political interference before next month’s election, calling it “shameful” and “inexplicable”. The Intelligence and Security Committee (ISC) report has been given security clearance, but will not be publicly released before the 12 December General Election. Read more: General [...]
Opec unlikely to increase oil production cuts in December November 11, 2019 Opec and its oil-producing allies are unlikely to approve further cuts to production when they meet in December, according to Oman’s energy minister Mohammed bin Hamad al-Rumhy. Speaking at a press conference in Abu Dhabi this morning, al Rumhy said that he expected the producers’ current deal to limit supply would probably be extended: Read [...]
Rugby World Cup: Why the legacy of Japan’s tournament will live on November 6, 2019 The Rugby World Cup may have ended without the ultimate prize for England last weekend but the tournament itself created winners beyond those in the triumphant South Africa camp. The decision to choose Japan as host nation, ahead of bids from Italy and the eventual winners, appeared bold back in 2009. With the benefit of [...]
Oil prices drop back after three day surge November 6, 2019 After three days of growth oil prices dropped this morning, as US crude stocks nearly tripled against analyst expectations. Inventories rose by 4.3m barrels last week to 440.5m barrels, far higher than forecasts of a 1.5m barrel increase. Read more: OPEC chief optimistic for 2020 as oil price rises one per cent An easing in [...]
OPEC chief optimistic for 2020 as oil price rises one per cent November 5, 2019 The oil market outlook for 2020 may have upside potential, the secretary-general of producer group OPEC said today, appearing to underplay any need to cut output more deeply. Mohammad Barkindo said he was more optimistic about next year’s outlook than he had been last month, when he said all options, including a deeper cut to [...]
Gold hits highest values since 2013 amid geopolitical tensions November 5, 2019 Renewed economic concerns and rising geopolitical tensions has driven the value of gold to a six and a half year high, according to the Refinitiv GFMS gold survey. In the third quarter gold’s dollar value rose to an average of $1,472 (£1,144.5) per ounce, a 12 per cent increase on the previous quarter and 22 [...]
Government urged to make London Stock Exchange a battleground in fight against autocracies November 5, 2019 The government should give itself the power to block London Stock Exchange listings on national security grounds as a check on the “influence and reach” of autocratic states, a committee of MPs said. In a report released today, the foreign affairs committee (FAC) said the government is failing to engage with the threat to international [...]
Russian pipeline Nord Stream 2 gets final approval October 30, 2019 The controversial Russian oil pipeline Nord Stream 2 has been approved by Denmark, removing the last obstacle in the way of the project’s completion. The Danish permit, which has been pending since April 2017, was the last needed for the 1230km pipeline from Russia to Germany to be completed. Read more: European politicians blast Gazprom [...]
Equinor forecast steady despite gas sales fall October 24, 2019 Equinor, the Norwegian oil company, today reiterated flat forecasts for 2019 production, despite a significant decline in the volume of natural gas sold to Europe. Commenting on the third-quarter update, chief executive Eldar Saetre said: “We maintain strong cost and capital discipline, but our results are affected by lower commodity prices in the quarter.” Read [...]
BBC launches dark web news site in bid to dodge censors October 23, 2019 The BBC has made its international news website available on the dark web in a bid to sidestep censorship attempts. The corporation said its website can now be accessed on Tor, an internet browser designed to hide a user’s activity and identity. Read more: Louis Theroux leaves BBC Studios to launch his own production company [...]