Hints and tips:
...“You’re getting a lot of hedge fund liquidation,” said Dennis Kissler, senior vice-president of trading at BOK Financial, an Oklahoma bank....
...That means a right to the jobs that are being created and a right to the proper training,” Mike Booth, UAW vice-president, said at a recent town hall....
...Brent crude is down about 10 per cent since the start of this week and the US West Texas Intermediate benchmark has fallen below $70 a barrel for the first time since December 2021....
...Brent crude rose from $94 a barrel on Monday before Saudi Arabia’s warning to near $102 a barrel on Thursday....
...Derek Why can’t the US shale patch come to Europe’s aid?...
...v) Do recent financial challenges for the company require a reassessment of its climate commitments? The war in Ukraine might be seen as a “black swan” event for global energy markets....
...Meanwhile, Brent crude settled 1.1 per cent higher on Thursday at $117.61 a barrel despite Opec and its allies agreeing to accelerate oil production in July and August....
...“They’ve been talking about decarbonisation for 10 years,” says Kevin Birn, a vice-president in S&P Global Commodity Insights’ GHG Estimation group....
...“The next stage is an economic war,” says Daniel Yergin, vice-chair of IHS Markit and author of The New Map, a recent book on energy politics....
...“Everybody’s going to be disciplined, regardless of whether it’s $75 Brent, $80 Brent, or $100 Brent,” Scott Sheffield, Pioneer’s boss, said recently....
...Goldman predicts that Brent will hit $90/b by then — $10/b higher than it previously forecast....
...Readers in Colorado, please write to me at derek.brower@ft.com with your tips on what we should be covering in the state....
...Brent prices fell more than $2 a barrel, a day after touching $70/b, though markets were also shaken by the worsening Covid-19 outbreak in India....
.... — Derek Can the Paris agreement and the oil industry coexist? On the face of it, no, according to a new report....
...But Brent remains within a modest session’s rally of $65 a barrel. Why?...
...Goldman Sachs predicts Brent, the international benchmark, will rise to $65 a barrel by mid-year....
...Whichever shape the recovery takes — V, W or L — any emissions decline flattens out by the middle of the decade....
...Brent was up as much as 6 per cent in early trading, a gain of almost $2/b, to touch $30 a barrel, its highest price in four days....
...The kingdom is preparing for an extended period of low oil prices as it persists with the price war that took Brent crude to a 17-year low this week....
...Brent crude, the international oil benchmark, climbed 4 per cent to above $40 a barrel. “STOCK MARKET HIGHS. VOTE!”...
...“If they orchestrate a high-profile Opec-plus cut that boosts Brent crude back up towards $70 they risk Trump’s wrath,” he says....
...Derek Halpenny, analyst at Bank of Tokyo-Mitsubishi UFJ, highlighted comments from Fed vice-chair Stanley Fischer on Monday that showed the US central bank was unclear over whether recent financial market...
...After the markets closed on Wednesday, Fed vice-chair Stanley Fischer sang from the same hymn sheet, saying inflation could be nearer the central bank’s 2 per cent target than many had previously thought...
...Should the likelihood of a softer Brexit increase then sterling would likely rally and inflation would rise less, and vice versa....
...Instead, the event was at the V&A, a museum of the decorative arts two miles from Whitehall....
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