Gas prices soar amid raised fears of supply shortages as Ukraine suffers cyber-attacks February 23, 2022 Gas prices have shot up 12 per cent on both major benchmarks, raising fears of further energy supply shortages and disruption.
Russia is overplaying its hand to try and force the West to give concessions February 22, 2022 AS world leaders plunge into an eleventh hour bid to talk Vladimir Putin down from the edge of a war with Ukraine, the fundamental misconceptions at the heart of Russia’s objectives in Ukraine must be dispelled in order to calibrate the right response. Russia wants a pro-Moscow administration in Ukraine without having to undertake a [...]
January retail sales boosted as cost of living crisis looms February 18, 2022 January retail sales volumes lifted 1.9 per cent last month while retailers prepare for consumers to limit spending as bills soar. According to the latest retail data from the Office for National Statistics (ONS), sales volumes marked the largest monthly increase since April 2021 when non-essential retailing reopened. An increase came after a four per [...]
Oil rallies stutter as US-Iran talks reach final stages February 17, 2022 Oil prices have dropped this morning as talks to revive the aborted nuclear deal with Iran have progressed over recent days.
Soaring costs expected to drive people to putting homes on Airbnb February 16, 2022 Holiday rental platform Airbnb has said it anticipates bookings to hit pre-pandemic levels for the first time in the current quarter as Covid fears ease. The number of nights booked in cities in the last three months of 2021 neared 2019 levels, it said in results. The pressure of rising costs would influence individuals to [...]
Crude Awakening: The necessity of oil and gas in the green transition February 15, 2022 Oil and gas have a role to play in the energy mix of developed economies, even as the world transitions to renewable energy sources.
Looming Russia-Ukraine conflict sends chill through City February 14, 2022 Mounting fears over an imminent Russian insurgency of Ukraine rippled throughout the City yesterday, wiping billions off of the value of the UK’s top companies. The potentially devastating impact of a war in eastern Europe spooked investors and sent them flooding into safe assets. In a bruising day on the Square MIle, the FTSE 100 [...]
Oil and gas rally as fears of Russia invading Ukraine rise February 14, 2022 Energy commodities have responded resoundingly to reports from Washington that Russia could invade at "any moment".
Government minister urges Brits to leave Ukraine as West fears looming Russian invasion February 12, 2022 Armed Forces Minister James Heappey has urged British nationals living in Ukraine to "leave now" as the RAF will not be able to rescue them.
Oil prices rally to seven year highs amid rising fears Russia will invade Ukraine February 12, 2022 Oil prices rallied on Friday to fresh seven-year highs, with both benchmarks revived by escalating fears of a Russian invasion of Ukraine.