Oil prices slide as economic woes compete with geopolitical risks October 11, 2023 Oil markets have eased in today's trading with investors awaiting further price signals following worries over geopolitical risk.
BP and Glencore struggling to offload contaminated Russian oil August 21, 2019 BP and Glencore are still trying to offload huge reserves of tainted Russian crude oil several months after problems were discovered. The UK-listed giants have around 600,000 tonnes of the oil which they are struggling to sell off, several traders told Reuters. Read more: Opec agrees to extend oil supply cuts by nine months A [...]
Which FTSE 100 stocks should you keep an eye on? April 1, 2022 Despite the FTSE 100 rising last month, rising issues could cause them to fall in April. But some may resist the trend. BAE Systems (LON:BA) BAE Systems shares are up 30% to 722p year-to-date, after it was boosted by sentiment over Russia’s invasion of Ukraine and encouraging full-year results which saw sales grow by 5% to [...]
US Federal Reserve’s rate hike cycle takes centre stage in investors’ minds August 7, 2022 Investors are grappling with a mix of challenges they have not faced in years. Tighter monetary policy. Sky-high inflation. Strong geopolitical tensions. These factors have driven volatile swings in asset prices. Usually in times of uncertainty, investors pile into the US dollar and American assets. And that is exactly what they are doing now. US [...]
Shell urged to set up Ukraine fund after Russian ‘blood money’ trading July 4, 2023 Shell is facing calls to set up a repair fund for war-torn Ukraine after continuing to trade in Russian LNG following the country's invasion.
EU countries seek legal option to stop Russian LNG imports March 29, 2023 EU countries agreed on Tuesday to seek a legal option to stop Russian companies sending LNG gas supplies to EU nations.
Russia moves towards economic collapse with plunging Rouble March 1, 2022 With the slumping Rouble now worth less than one US cent, the Russian economy is on the brink of a collapse. Karl Marx warns ‘history repeats itself, first as tragedy, second as farce.’ Hitler’s Anschluss with Austria is mirroring Russia’s annexation of Crimea, the encroachment in the Donbas with the occupation of the Sudetenland. But [...]
Oil prices rebound as fears of Russia invading Ukraine rise January 25, 2022 Oil prices have recovered amid growing fears of Russian invading Ukraine and a consequent tightening in supplies.
Putin launches a game of nuclear chicken in warning to US March 13, 2024 Putin described US President Joe Biden as a veteran politician who fully understands the possible dangers of escalation, and said he does not think the world is heading to a nuclear war.
What impact is inflation having on the Nasdaq? March 15, 2022 Rising US CPI inflation has caused the Nasdaq to fall but can we expect a correction with with interest rates expecting to rise? 2022 has not been kind to the NASDAQ Composite. After climbing from a covid-19 pandemic low of 6,880 points on 20 March 2020 to an intraday record of 16,212 points on 22 November 2021, it [...]