London close: Stocks turn weaker ahead of busy week for earnings
29th Jan 2024 17:25
(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.
Read moreBerenberg says that it is time to return to energy sector
18th Sep 2023 11:42
(Sharecast News) - Analysts at Berenberg said the US and European energy sectors could be a way to play the headwinds that they expected to bear down on global equities over the coming quarters.
Read moreSector movers: Big Oil supports gains
21st Dec 2022 18:00
(Sharecast News) - Big Oil lent its weight to an upside move for the FTSE 350 as the benchmark rebounded from the downdraft registered during the previous week - although some analysts in the City remained wary.
Read moreSector movers: Oil and Gas buoyed by speculation about changes in China Covid rules
20th Oct 2022 18:46
(Sharecast News) - Oil and Gas shares lent their heft to Thursday's gains, possibly on the back of a report that Beijing was mulling whether to ease Covid-19 rules.
Read moreJ.P. Morgan bullish on Energy, says Q3 favours Shell over BP
13th Oct 2022 12:57
(Sharecast News) - Analysts at J.P.Morgan reiterated their 'bullish' stance for Energy equities, highlighting the expected "pivotal" role that European Union oil majors would play in solving energy security.
Read moreOPEC+ raises output quota ceiling for September by 100,000 barrels per day
3rd Aug 2022 16:22
(Sharecast News) - The Organisation for Petroleum Exporting Countries and its main allies, whom together are known as OPEC+, revised their combined output quotas for September higher but by far less than in the previous month.
Read moreSector movers: Stocks bounce despite drag from Precious Metals, Oil and Gas
6th Jul 2022 18:16
(Sharecast News) - A motley assortment of sectors led the FTSE 350's bounce on Wednesday despite the release of weaker-than-expected economic data and the political ructions in Downing Street.
Read moreEuropean natural gas prices spike as Equinor workers strike
5th Jul 2022 13:31
(Sharecast News) - European natural gas prices were on the rise again after workers at Norway's Equinor initiated a strike action overnight.
Read moreOPEC+ rubber stamps crude oil output quota increase for August
30th Jun 2022 15:27
(Sharecast News) - The world's largest grouping of crude oil exporting countries went ahead with plans to raise its permitted output ceiling, as expected.
Read moreGlobal oil demand to reach fresh highs in 2023 - IEA
15th Jun 2022 10:26
(Sharecast News) - Global demand for oil is forecast to reach fresh highs next year, according to the rich world's oil watchdog , although supply could struggle to keep up.
Read moreEU may have reached agreement on partial Russian oil embargo 'in principle'
30th May 2022 14:34
(Sharecast News) - European Union leaders have reached an agreement on a partial embargo on imports Russian oil, although the deal is not expected to be finalised until in a few weeks' time, possibly in June.
Read moreSector movers: Commodities outperform despite US dollar strength
5th May 2022 14:05
(Sharecast News) - Oil&Gas topped the leaderboard again on Thursday despite it being of a rollercoaster day for crude oil futures, the latter in part due to US dollar strength.
Read moreSunday newspaper round-up: Twitter, British Airways, Russian oil imports
25th Apr 2022 00:05
(Sharecast News) - Relations between Twitter and and Elon Musk may be thawing if reports that the former is taking a fresh look at the technology magnate's £33bn takeover offer is anything to go by. According to the Wall Street Journal, the two sides were set to meet on Sunday to discuss the deal and Twitter's board was now said to be "more receptive to a deal". - Sunday Telegraph
Read moreMorgan Stanley raises Q3 2022 Brent oil price forecast to $130
22nd Apr 2022 09:45
(Sharecast News) - Analysts at Morgan Stanley said that an array of headwinds meant that oil demand in 2022 would be lower than previously thought.
Read moreZelensky says Ukraine ready to discuss 'neutrality', seeks compromise on Donbass
27th Mar 2022 23:29
(Sharecast News) - Ukrainian President Volodymyr Zelensky said his country was ready to discuss the official adoption of neutrality and wanted to reach a compromise over the eastern Donbass region.
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