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...Almost three-quarters of all seaborne Russian crude flows travelled without western insurance in August, a lever used to enforce the G7’s $60-a-barrel oil price cap, according to an analysis of shipping...
...As a result, equity markets are already more jittery — not a positive for oil. Since 2000 oil prices have rarely continued rising when the S&P 500 has a sustained decline....
...The main index in the US is the S&P 500. You can buy funds that contain all 100 companies in the Footsie for example, or 500 companies in the S&P....
...For years, TV manufacturers have quietly wrestled with the problem of what to display when just playing audio; B&O has provided a rather elegant answer, which is to mostly cover it up with oak or walnut,...
...We’re assuming (b) ended up winning there....
...He also had a vintage Alanda coffee table by Paolo Piva – a new version of which is made by B&B Italia (from $2,318)....
...“Shale has redrawn the map of world oil in a way most people don’t seem to understand,” said Daniel Yergin, vice-chair of S&P Global and a Pulitzer Prize-winning energy historian....
...“The oil market is waiting,” said Daniel Yergin, author and vice-chair of S&P Global....
...At 20, she has already amassed big co-writing credits on her songs (including Billie Eilish and Finneas O’Connell); an acclaimed studio album (2022’s I Used to Think I Could Fly); collaborations with the...
...Letter in response to this article: Recessions do not rest on the shoulders of one man / From Maria O’Donovan, Clonakilty, County Cork, Ireland...
...The US, in particular, is on course to increase oil output by 1.4mn barrels a day in 2023, three times the 0.4mn b/d cut from Opec+ nations....
...A Reuters poll last week concurred, with analysts estimating prices should stay close to $80/b in 2024, capped by sluggish demand. (Myles McCormick) 2....
...word processor / From Charles Mercey, Tellisford, Somerset, UK Exemplary ruthlessness was the making of a poet / From Killian O’Donnell, Cashel, County Galway, Ireland...
...Its price-to-earnings ratio is 25, not far from the broad S&P 500 ratio of 20....
...Hidden threat B. Riley Financial is under fire for funding a buyout linked to a firm that prosecutors call a fraud, The Wall Street Journal writes....
...Monday The Bank of England hosts an online Q&A with its chief economist Huw Pill on the cost of living and current economic conditions EU, France, Germany, Japan: S&P Global October services purchasing...
...Russia said its 300,000 b/d export reduction would also stay in place until December....
...Higher risks make this a market for specialists. The perimeter of the financial junkyard is defined by a rating of BB+ from Fitch and S&P, and Ba1 from Moody’s....
...External debt is a claim on reserves and export proceeds — and thus is fundamentally different from domestic debt....
...On balance, a weak yen is likely still beneficial for the economy, but decades of offshoring by Japanese companies has led to a situation in which falling exchange rates do very little to lift export revenues...
...Adding gasoline, diesel, propane and other fuels, exports were a whopping 11.24mn b/d over the same period — also a record. But it is not just oil....
...Mark O’Connell in Slate asked what it is to play with cliché in Blarney and put-on Irishness....
...There was a concurrent concern that critical pipelines could either be directly targeted or inadvertently damaged if the insurrection turned into a full-scale war. [ . . . ] [S]everal market commentators...
...S&P recently changed its outlook for the country from stable to positive. A full upgrade would put Greece at triple B minus, the rating agency’s lowest investment grade rating....
...(While there’s little public information on the Bermudian entity B.UK Limited, interested DD readers can learn a few more details from the Paradise Papers leak.)...
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