UK fuel prices have continued to climb, with diesel now exceeding 190p per litre as higher oil costs feed through to consumers.
Oil plunges below $100 as ceasefire eases market tensions
Oil prices tumbled sharply after Donald Trump and Iran agreed to a two-week ceasefire, pausing more than a month of conflict and allowing the reopening of the Strait of Hormuz.
FTSE slips as markets brace for Trump’s Iran deadline
Britain’s FTSE 100 edged lower on Tuesday as investors positioned cautiously ahead of a key deadline set by Donald Trump in the Iran conflict.
Gulf states consider pipeline network to bypass Strait of Hormuz
The sustained closure of the Strait of Hormuz, now extending beyond four weeks, represents a critical inflexion point for global energy markets and geopolitical strategy. With more than 20 million
Qatar LNG suspension drives sharpest gas price spike since 2022
Gas prices recorded their sharpest rise since the start of the Ukraine war after Qatar suspended liquefied natural gas production in the wake of an Iranian attack.
Saudi Oil Chief Claims Transition to Renewables is Evidently Unsuccessful
The head of the world’s biggest oil company has declared that the shift towards renewable energy sources is noticeably unsuccessful, urging governments to discard the illusion of eliminating oil and
Oil prices hover around their lowest in three months due to deflation concerns in China.
Oil prices have hovered around their lowest point since July due to increasing concerns over demand from China, as the nation experiences deflation.
Crude oil prices have hit a two-month low due to concerns over demand prospects in China
Crude oil prices have dropped to their lowest in two months, driven by concerns over a potential decrease in global demand, with anxieties heightened by recent developments in China.
Saudi Aramco’s earnings decline in tandem with the drop in oil prices.
Energy behemoth Saudi Aramco reported a 23% decrease in third-quarter profits compared to the previous year, primarily due to lower oil prices and production cuts.
Synectics PLC (AIM:SNX) Contract Award
Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, announces the award of a contract worth approximately £3.5 million to supply specialist camera stations for Saudi Aramco’s
Share Talk Weekly Stock Market News Review, Sunday 12th March 2023
As far as the small caps area is concerned, things remained tough work. Apart from bears enjoying the pain and occasionally the failures of others, to offset their own failings,
Saudi Aramco announced a historic profit of $161.1 billion.
On Sunday, Aramco the oil giant from Saudi Arabia, announced a yearly net profit of $161.1 billion for 2022, setting a new record with a 46% increase from the previous