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...alan.livsey@ft.com...
...Alan LivseyLex Research Editor...
...Wood Mackenzie had previously predicted that European refineries would need to rationalise in 2024-25 but the consultancy has been “forced to change that view”, said Alan Gelder, vice-president for refining...
...Job moves Maha Energy appointed Javier Gremes Cordero as chief operating officer on Tuesday, succeeding Alan Johnson....
...Brent crude this week breached $90 a barrel for the first time in 2023 after Riyadh and Moscow extended supply cuts to the end of the year, despite oil having already rallied 25 per cent since June as global...
...Yet Gideon Bannister is more like a descendant of David Brent....
...It now expects the 2023 price for Brent crude, Europe’s benchmark, to hit $80 a barrel. The company will reverse up to $4.5bn in writedowns previously taken on the value of those assets....
...Global benchmark Brent was trading at just over $139 a barrel earlier on Monday, less than $10 shy of its all-time high of $147.50....
...The canal is an important route for the transportation of oil — something that’s been reflected in the price of crude, with a barrel of Brent up by about 5 per cent to $63.79 per barrel as of noon CET....
...As a result, the US oil price radically trailed behind the other international benchmark, Brent....
...“You either need to a see a very strong recovery in demand — and that looks very unlikely at this time — or you need capacity to shut,” said Alan Gelder at Wood Mackenzie....
...Mitch Steiger of the California Labor Federation said employers in the state often contested claims, which meant that workers would face a heavy burden even though the chances that they got the disease at...
...The price collapse has just begun’ ROBERT McNally at Rapidan Energy Group March 9: Brent crude falls a quarter, having dropped 30 per cent at the opening of Asia trading, after Saudi Arabia responds to...
...Accuracy remains a major obstacle to the broader implementation of remote health tracking, said Brent Mittelstadt, a research fellow at the Oxford Internet Institute and Turing fellow at the Alan Turing...
...The Chinese currency “is about to get caught in a fresh US-China imbroglio”, wrote Alan Ruskin, an analyst at Deutsche Bank, in a recent note....
...Beyond that is where things get interesting as Brent crude sits at its highest level since the price war between Russia and Saudi Arabia hammered the market....
...Brent crude fell from above $29 to under $25 a barrel on Wednesday, sliding past its 2016 nadir and touching levels not seen since 2003....
...This sent the price of Brent crude, the international oil benchmark, down 9 per cent to $45.53 a barrel, a three-year low....
...Brent crude has fallen from $65 a barrel in January to around $56, up from a recent low of $53. Your feedback I’d love to hear from you....
...The price of Brent crude oil topped $70 a barrel on Monday, just shy of September’s $71.95 peak after a drone attack on Saudi storage facilities....
...Additional reporting by Arash Massoudi and Alan Livsey...
...Alan, a documentary film-maker witnesses a girl being insulted on a train by a young man. “Alan looked at the guy and thought, ‘You little shit, I’d like to . . .’ he didn’t speak.”...
...Alan Bergin, commercial finance director, will fill the position until a permanent successor is found....
...Further strength in the US dollar and also oil prices, with Brent just shy of $70 a barrel, are two things to watch as the second quarter heats up....
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