Global markets finally cool after series of volatile sessions March 8, 2022 Global stock markets were a bit calmer today, allowing investors who have been involved in a series of severely volatile sessions since Russia sent troops into Ukraine to breathe a sigh of relief. The capital’s premier FTSE 100 index inched 0.07 per cent higher to close at 6,964.11 points, while the FTSE 250 index, which [...]
Energy round up: Prices rise amid fears Russia will invade Ukraine February 14, 2022 Petrol, oil and gas prices have risen amid rising fears Russia could invade Ukraine and disrupt supply chains.
Oil prices plummet as Russia-Ukraine peace talks show signs of promise March 29, 2022 Oil prices nosedived on Tuesday afternoon across both major benchmarks - extending losses from the previous day.
UK poised to hit Russia with more sanctions in light of Bucha war crimes April 4, 2022 The UK will soon hit Russia with more economic sanctions in light of recent war crimes committed by Vladimir Putin’s troops, with a ban on Russian gas and coal set to come. Foreign secretary Liz Truss today said evidence of mass civilian graves in Ukraine was “truly horrifying” and that “Britain has helped lead the [...]
Oil prices could take seven years to calm down, warn industry experts June 7, 2022 Oil prices could take seven years to return to normal levels, warned energy analysts, reducing the prospect of the windfall tax being lifted early.
Oil prices plummet as investors pin hopes on Russia-Ukraine talks March 14, 2022 Oil prices nosedived on both major benchmarks today following renewed peace talks between Ukraine and Russia.
Putin pushes for rouble payments causing gas prices to spike March 23, 2022 Russia will seek payment in roubles for gas sales from “unfriendly” countries revealed President Vladimir Putin today.
British Chambers of Commerce urges Sunak to help businesses facing rising costs March 20, 2022 The British Chambers of Commerce has called on Rishi Sunak to help businesses facing rising energy costs as it warns of a “cost of doing business” crisis. BCC director general Shevaun Haviland today urged the chancellor to scrap the planned rise in National Insurance Contributions for employees and employers next month and to implement an [...]
Oil prices recover as Russia demands rouble requirements for gas payments March 30, 2022 Oil prices have rebounded nearly four per cent on both major benchmarks, as the economic conflict between the West and the Kremlin escalated.
Gazprom halts gas supplies to Bulgaria and Poland as Russia demands rouble payments April 27, 2022 Kremlin-backed energy giant Gazprom has halted gas supplies to Bulgaria and Poland for failing to pay for gas in roubles.