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Energy & Natural Resources
Oil Prices Plunge on Fears of Slowing Demand
Libyan oil’s re-entry to the market, coupled with the spectre of renewed lockdown measures across Europe, has triggered a new oil price collapse.
SSE Fined £2 Million by Ofgem Over Disclosure Breach
The FTSE-100 listed company’s disclosure breach could have had a “significant effect” on electricity rates, according to the regulator.
Hurricane Laura Fears Push Oil to Five-Month High
The mass shutdown of US oil production has roused fears of a global shortage.
US Threatens Sanctions Against Nord Stream 2 Investors
As the Russian natural gas pipeline nears completion, the US government has announced new sanction guidelines against its contributors.
US Consumer Prices Saw a Rebound in June
After three months of declines, consumer prices in the United States bounced back in June by the largest margin since 2012, buoyed by a leap in the cost of gasoline.