Breaking News

15 million barrels to be released from US oil reserves after OPEC+ output cut

The U.S. plans to draw 15 million barrels of oil out of its strategic stockpiles in December.

18-10-2022, 23:21

As Fuel crisis grow, strikes continue in France

Despite deals with some unions, strikes at French refineries to continue as situation at gas stations remains critical

14-10-2022, 20:49

Jeremy Hunt appointed Britain's new Treasury chief

Prime minister installs moderate Tory figure in attempt to calm financial markets after ousting ex-Chancellor Kwasi Kwarteng

14-10-2022, 08:00

Europe scrambles to ease energy crisis

Spain approves plan to cut natural gas use, Poland sets energy price cap, strikes and chaotic incidents in France

11-10-2022, 10:30

Bank of England expands daily bond purchase

Move aims to avoid ‘fire sale’ which poses material risk to UK financial stability, bank says

11-10-2022, 09:54

As winter comes closer, Europe faces energy crisis

Higher energy prices, fewer supplies on hand, and conservation are top issues among people and governments alike

9-10-2022, 20:37

Musk offers to buy Twitter as per original deal

Tesla CEO Elon Musk's proposed $44 billion takeover of Twitter seems to be back on track as he is willing to complete the deal for the original offer price of $54.20 a share, according to a Bloomberg report.

4-10-2022, 12:37

Nord Stream gas leaks reportedly caused by ‘several hundred kilos of explosives’

Gas leaks on Nord Stream pipelines are caused by blasts equal to ‘several hundred kilos of explosives,’ joint letter says

30-09-2022, 22:51