US President Donald Trump’s White House describes policy priorities on trade, foreign policy, and the economy January 21, 2017 Donald Trump’s team have taken over the levers of power, with the new President looking to reshape Washington politics in his image. Among the first actions once Trump was sworn in was taking control over the official White House website, where his team have given some signs of their priorities in office. While Trump has [...]
Brent crude and West Texas Intermediate crude oil prices lift as Iraq indicates it will cut production and US stockpiles fall November 23, 2016 Oil prices were lifted this evening after Iraq signalled it is willing to "shoulder responsibility" for part of Opec's planned production cut and data showed US crude inventories declined by 1.3m barrels. Iraq, a key member of the 14-member consortium, had previously called for it to be exempt from efforts to strike a final slash to output [...]
Founding Fathers 1, populists 0: The US constitution is taming Trump February 20, 2017 “Through all the gloom I can see rays of ravishing light and glory.” – John Adams to his wife Abigail, July 3, 1776, after Congress voted for Independence “Good people don’t go into government.” – Donald Trump Donald Trump’s first month in office ended with a bizarre, rambling press conference that made incompetence into a [...]
Uranium prices set to “explode” in 2018, according to Berkeley Energia executive November 22, 2016 Uranium prices are set to "explode" in two years as demand from Western utilities and China will give the heavy metal a major uplift, according to a London-listed mining executive. Spot uranium prices, currently trading at around $18.50 a pound, could be set to almost triple in 2018, Paul Atherley, managing director of Spain-based uranium miner [...]
Iran releases American Washington Post journalist Jason Rezaian in prisoner swap with the US as nuclear deal is implemented January 16, 2016 Iran has released Washington Post journalist Jason Rezaian, held for over a year, along with three other prisoners, on the day the country’s landmark nuclear deal is set to be implemented. 39-year-old Rezaian was among the four dual-national prisoners announced to have been released by Tehran’s prosecutor, in what is expected to be the first [...]
Brent crude and WTI: US oil breaks $50 per barrel mark for the first time since June October 6, 2016 US oil swung through the $50 per barrel mark today for the first time since June. West Texas Intermediate crude, the US benchmark, rose 1.12 per cent to $50.39 per barrel in early evening trading. Brent crude, the global benchmark, rose 1.31 per cent to $52.54 per barrel, also hitting a four week high. Read [...]
CMS merges with two rivals in deal to create sixth largest UK law firm October 10, 2016 Partners at three City law firms have voted in favour of combining their businesses in a deal that will create the sixth largest UK law firm and the sixth largest global law network. CMS UK, Nabarro and Olswang will merge in a deal that is anticipated to complete on 1 May 2017. Partners of Nabarro [...]
Brent crude and West Texas Intermediate oil prices fall as US crude inventories rise for the first time in six weeks October 13, 2016 Oil prices have edged down this morning after data from the American Petroleum Institute (API) showed the first rise in US crude stockpiles for six weeks. The API figures, released yesterday, showed a 2.7m barrels build last week. Analysts had expected a 2m barrel build. Brent crude, the global benchmark, was down 0.21 per cent [...]
Brent and US crude oil prices rise amid escalating political tension between Saudi Arabia and Iran January 4, 2016 Oil prices dipped again after it rose as much as four per cent today, wiping out gains made earlier in the day as rising political tension between two of the biggest powers in the Middle East stoked concern about potential supply disruptions. Brent crude, the global benchmark, fell to $37.06 per barrel, having risen as high [...]
Oil prices slide back to $48 after two-day jump September 30, 2016 Oil prices fell today after a seven per cent rise in the last two sessions as doubts grew over the ability of Opec's output cut to accelerate the stricken market's recovery. Brent crude, the global benchmark, fell as much as 1.77 per cent to $48.62 per barrel in mid-morning trading, having settled up about 1.1 per cent [...]