Petrofac is under increasing pressure after it announced that it would miss the next bond payment, and delayed its release of annual results. The shares of the oilfield service group,
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The International Monetary Fund warned that an escalating Middle East war could lead to higher oil costs, a reversal in the recent drop in inflation, and a dampening of the
City nerves jangle when FTSE giant feels unvalued Net zero is still decades away, but we have spent endless hours imagining what a world would be like without oil. London’s
The escalating Middle East crisis threatens to push oil prices to close to $100 per barrel. The RAC has warned that the price of petrol could reach £1.50 a litre
Former Shell head says oil giant is “massively underestimated” in London, and could benefit from moving its listing to US. This is another blow for the UK stock exchange. Ben
The UK is now dangerously exposed after squandering its most valuable asset. A massive, deserted oil platform lies abandoned in the North Sea. Brent Charlie is the final remnant of
As tensions in the Middle East escalated, oil prices rose to above $90 per barrel. US stocks also fell. Brent crude and futures both rose by 1.5 percent on Thursday,
