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...Brent crude’s down more than 20 per cent since September and BP’s Q3 results at the end of October heightened worries about shareholder returns amid weakening operating cashflow....
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...asked Eric Otness, head of M&A at Skadden’s Houston office. “We’ve seen all this consolidation on the upstream side....
...Never mind that Brent has tracked sideways for a couple of years. Maybe it has something to do with China’s problems. The country is the number two consumer of the stuff....
...“I’m cautiously optimistic that we are at a turning point,” Molly Morris, head of Equinor Renewables, told Energy Source at the CERAWeek conference in Houston last week, but added that meeting the White...
...“We see nuclear power as an important part of the energy transition,” says Brent Wanner, head of the power sector unit at the IEA....
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...“I’m not great at advice,” he said. “Can I interest you in a sarcastic comment?”...
...The consultancy expects Brent, the global benchmark, to average $85.90 a barrel for 2024....
...Editor’s List Caryn WilsonUS editor, FT Edit (@CarynAWilson) Good morning, today I’m wondering how close we are to a world without cash....
...Marc FilippinoI’m Marc Filippino and here’s the news you need to start your day....
...Brent crude fell to $74 a barrel. West Texas Intermediate dipped below $70 a barrel. The drops on Wednesday marked a five-day losing streak for oil. And the weirdest thing about all this?...
...As it transpired, many miners and energy companies fell back in 2023, alongside the price of Brent crude, the oil benchmark....
...Brent crude and West Texas Intermediate fell to about $85 a barrel. To put that into context, just last week, oil was nearly $98 a barrel....
...Similar too for its delivery kitchens in Wood Green, Whitechapel (not far from the Chicken Shop Mile), and Brent Cross....
...Marc Filippino I’m Marc Filippino and here’s the news you need to start your day. [MUSIC PLAYING] A cyber attack hit China’s largest bank last week....
...Brent crude, the international benchmark, was trading at $85.90 a barrel, slightly above the $85.81 closing price in New York following the biggest one-day drop since August 2022....
...But, I’m sorry, a lot of those people want to buy gasoline at decent prices and heat their homes,” said Hamm in an interview....
...Brent settled yesterday at $91.88 a barrel and analysts now reckon $100 oil is not far off....
...“For now, investors are awaiting a sense of direction, and the data points will offer some clarity,” said Shanti Kelemen, chief investment officer at M&G Wealth....
...Here’s what else I’m keeping tabs on today: Zelenskyy in Washington: US president Joe Biden will host Volodymyr Zelenskyy at the White House....
...So Brent, which is the international oil benchmark, jumps 5 per cent in early-morning trading before steadying to trade up almost 4 per cent higher at $87 a barrel....
...Diesel prices in Europe jumped almost 5 per cent after the announcement, and the cost of Brent crude oil rose 1 per cent....
...The price of Brent crude fell 4 per cent to its lowest level since January. US stocks also slid. The S&P 500 shed 1.4 per cent yesterday....
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