The surge in inflation adds pressure on the BOE to rein in price growth. Lizzy Burden reports. Britain’s inflation rate surged unexpectedly to the highest since 1992, sharpening a squeeze Continue Reading
Secretary of State Antony Blinken will meet Russian Foreign Minister Sergei Lavrov in Geneva on Friday in an effort to resolve the standoff over Ukraine, with U.S. officials warning that Continue Reading
The increasing ceiling on household power utility bills could throw millions into energy poverty A second update in October could further raise power bills for UK consumers Energy consultancy EnAppSys: Continue Reading
Germany said on Tuesday that it could nix the Nord Stream 2 pipeline should Russia invade Ukraine The move would be as much as Germany’s expense at it would be Continue Reading
Brent, WTI jump over $1/barrel to highest since October 2014 Middle East tensions add to concerns of short supply Goldman sees crude oil inventories falling to lowest since 2000 LONDON, Continue Reading
Brent oil surged to the highest level in seven years as physical markets run hot in the world’s largest consuming region and Goldman Sachs Group Inc. said prices are headed Continue Reading
Crude oil futures were higher in mid-morning trade in Asia Jan. 18, as investors remained upbeat on the outlook for oil, while geopolitical tensions in the Ukraine and Middle East Continue Reading
Brent highest since 2014 as all indicators appear to point bullish. Oil prices edged higher on Monday, with Brent trading near its highest level since 2014 as the market tightened Continue Reading
Several investment banks believe that demand will outstrip supply in early 2022 Just a handful of OPEC members are capable of meeting higher production quotas IHS’ Daniel Yergin: it’s almost Continue Reading
Highlights Sources warn that an LNA-led oil blockade could be imminent Delayed payments from GNU to eastern PFG raise stakes Libyan production back to near 1.2 million b/d after almost Continue Reading
