The FTSE 100 closed down 78 points, or 0.75%, at 10,379, while the FTSE 250 fell 0.8% to 22,582.81. AIM had been trading close to multi-year lows before the Iran conflict.
The FTSE 100 closed down 78 points, or 0.75%, at 10,379, while the FTSE 250 fell 0.8% to 22,582.81. AIM had been trading close to multi-year lows before the Iran conflict.
WTI (Mar) $59.36 -$1.26, Brent (Mar) $64.06 -$1.19, Diff -$4.70 +7c. USNG (Feb) $5.05 +16.5c, UKNG (Feb) 98.04p -4.46p, TTF (Feb) €38.14 -€0.74.
WTI (Jan) $58.95 +31c, Brent (Feb) $62.67 +22c, Diff -$3.72 -9c. USNG (Jan) $5.00 +16c, UKNG (Jan) 72.27 -0.8p, TTF (Jan) €27.76 -€0.015
WTI (Nov) $63.41 +$1.13, Brent (Nov) $67.63 +$1.06, Diff -$4.22 -7c. USNG (Oct) $2.85 +4c, UKNG (Oct) 80.6p +0.81p, TTF (Oct) €32.165 +€0.165.
WTI (Aug) $65.52 +18c, Brent (Aug) $67.77 +4c, Diff -$2.25 -24c. USNG (Aug) $3.74 +21c, UKNG (Aug)* 78.0p -1.1p, TTF (Aug) €33.325 -€0.35.
The UK still appears to be the golden child in Europe, helped by a potentially softer US stance on our tariffs and better growth and inflation figures than expected.
WTI (Mar) $73.16 +63c, Brent (Apr) $75.96 +29c, Diff -$2.80 -34c. USNG (Mar) $3.36 +31c, UKNG (Mar) 129.3p -3.91p, TTF (Mar) €53.165 +€0.22.
WTI (Dec) $68.43 +31c, Brent (Jan) $72.28 +39c, Diff -$3.85 +8c.
Zak Mir interviewed Mendell Helium CEO Nick Tulloch regarding M3Helium’s new farm-in agreement with Scout Energy to advance helium resource development in Kansas’ Hugoton Gas Field.
The AIM All-Share Index dropped 2.1% as concerns grew ahead of Labour Chancellor Rachel Reeves’s upcoming Autumn Budget.
Oil prices have fallen to their lowest level since June due to concerns that a potential recession in the US might reduce demand from the world’s largest economy.
A flash blog this morning as I’m out of the office today. As usual, I will be catching up on stories and wherever appropriate add in the days to come.