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Author: Tom Whipple

Category:
  • EU

EU proposes energy measures, avoids immediate gas price cap

The European Commission proposed another set of emergency measures on Tuesday to tackle high energy prices, but steered clear of an immediate cap on gas prices as EU countries remain Continue Reading

Posted On : 19 Oct 2022 Published By : Tom Whipple
Category:
  • Nord Stream

Nord Stream ruptures revealed as Europe grapples with gas plan

Damage to the Nord Stream gas pipeline from Russia to Europe was caused by powerful explosions, Danish police said on Tuesday, echoing earlier findings into leaks that erupted in the Continue Reading

Posted On : 19 Oct 2022 Published By : Tom Whipple
Category:
  • Ukraine

Russia appeals for evacuation ahead of battle for Ukraine’s Kherson

One of the most senior Russian-appointed officials in occupied Ukraine said the Ukrainian army was poised to begin an attempt to retake the southern city of Kherson and urged residents Continue Reading

Posted On : 19 Oct 2022 Published By : Tom Whipple
Category:
  • United Kingdom

Soaring food prices push UK inflation back to 40-year high

The biggest jump in food prices since 1980 pushed British inflation back into double digits last month, matching a 40-year high hit in July in a new blow for households Continue Reading

Posted On : 19 Oct 2022 Published By : Tom Whipple
Category:
  • United Kingdom

UK Families Face Near Doubling of Energy Bills When Support Ends – Bloomberg

British families may see their energy bills almost double when the government ends its price freeze in April. Chancellor Jeremy Hunt announced on Monday that Prime Minister Liz Truss’s flagship Continue Reading

Posted On : 19 Oct 2022 Published By : Tom Whipple
Category:
  • Ukraine

Ukraine war: Russia begins evacuation from Kherson in south

Russia’s Izvestia website showed footage of people gathering to cross the Dnieper river By Paul Kirby BBC News Tens of thousands of civilians and Russian-appointed officials are being moved out Continue Reading

Posted On : 19 Oct 2022 Published By : Tom Whipple
Category:
  • Prices

Oil prices rise on softer U.S. dollar, supply woes

Oil prices climbed on Tuesday, bolstered by a weaker U.S. dollar and supply woes, although gains were capped by the spectre of lower fuel demand from China as it persists Continue Reading

Posted On : 18 Oct 2022 Published By : Tom Whipple
Category:
  • Prices

Oil Advances as Supply Tightness Vies With Slowdown Concerns

Oil gained amid a broader market rally as investors continued to weigh a tight market against concerns over a global economic slowdown. West Texas Intermediate rose above $86 a barrel, Continue Reading

Posted On : 18 Oct 2022 Published By : Tom Whipple
Category:
  • Prices

Diesel Hits Chaos Mode

The world’s diesel market is once again flashing signs of chaos. The world’s diesel market is once again flashing signs of chaos, undermining the global economy with a fresh bout Continue Reading

Posted On : 18 Oct 2022 Published By : Tom Whipple
Category:
  • Prices
  • Refining

Atlantic Basin refining margins soar on refinery outages, tight diesel supply

Atlantic Basin refinery margins are rising back toward record levels set earlier this year, spurred higher by refinery outages and French refinery strikes, an analysis from S&P Global Commodity Insights Continue Reading

Posted On : 18 Oct 2022 Published By : Tom Whipple

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