OPEC+ rubber stamps crude oil output quota increase for August
(Sharecast News) - The world's largest grouping of crude oil exporting countries went ahead with plans to raise its permitted output ceiling, as expected.
Read more(Sharecast News) - The world's largest grouping of crude oil exporting countries went ahead with plans to raise its permitted output ceiling, as expected.
Read morePARIS, June 30 (Reuters) - TotalEnergies has increased a summer discount on French fuel prices by 2 cents as the government pressures companies to do more to help customers grappling with accelerating inflation.
Read moreMELBOURNE, June 30 (Reuters) - A state agency in Australia has backed a plan to extend the life of the country's biggest liquefied natural gas plant by 50 years, so long as it achieves net zero carbon emissions for the rest of this decade, partly to protect ancient indigenous rock art.
Read more(Alliance News) - Stock prices in London were lower at midday on Wednesday as inflationary fears returned to front of mind, with Spain becoming the latest country to report a historic rise in prices, while a gathering of the world's most influential central bankers is drawing to a close.
Read more(Alliance News) - Stock prices in London opened lower on Wednesday as fears of a recession caused by sharp interest rate hikes returned to spook investors.
Read more(Alliance News) - Oil majors helped propel the FTSE 100 higher on Tuesday on news that China has eased some Covid entry restrictions.
Read more(Alliance News) - Stock prices in London were higher at midday on Tuesday as the European Central Bank said it would "go as far as necessary" to control inflation, while Nike shares fell in New York on a downbeat outlook.
Read more(Alliance News) - The following is a summary of top news stories Tuesday.
Read more(Alliance News) - Stock prices in London opened higher on Tuesday with oil producers giving the FTSE 100 a boost, while in the FTSE 250 Pennon fell sharply after the UK water regulator opened a case against the company.
Read more(Alliance News) - Stocks in London started the new week where they left off on Friday, with investors shaking off recent worries over rising interest rates and global growth risks.
Read moreJune 27 (Reuters) - UK's FTSE 100 ended at a more than one-week high on Monday, as an easing of COVID restrictions in China and the prospect of global infrastructure funding brought relief to commodity prices, lifting shares of major oil and mining companies.
Read more(Alliance News) - Stock prices in London were higher at midday on Monday on hopes that central banks are getting control over inflation, meaning that interest rates may not have to rise as high as previously expected.
Read more(Alliance News) - Stock prices in London opened higher on Monday amid hopes of less aggressive monetary policy tightening by central banks, while Biffa shares fell after a delay to the publication of its annual results.
Read moreLONDON, June 23 (Reuters) - North Sea oil and gas companies on Thursday told Britain's finance minister Rishi Sunak that a planned windfall tax on energy profits could undermine new developments in the basin.
Read moreLONDON, March 9 (Reuters) - Within hours of Moscow launching its invasion of Ukraine, BP's chief executive summoned his senior team to discuss the limited options for its Russian operations, including separating the British energy giant’s stake in Russian oil firm Rosneft or exiting completely, according to three senior BP executives.
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