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Showing 41 - 50 of 2486 results for "Oil"

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... make more progress, more quickly, in getting prices under control." To do this Biden promised he'd continue the release of oil from the US's strategic petroleum reserve and persist with putting price caps on Russian oil. Biden also announced that'd he'd ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
... target range. Bloxham believes that the key driver of this will be in the expectation that commodity prices, particularly oil and food, don't have another leg up. Bloxham added: "It is also worth noting that 'decline back towards the 2-3% range ...

Citi names new head of equity capital markets

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
... transactions including Sumitomo Chemical's block in Nufarm, Jacobs Engineering's block in Worley, and Mubadal's block in Oil Search. Citi said he has also added value in connection with various public M&A assignments that Citi has advised ...

Tomorrow belongs to those who hear it coming: ASI

CHLOE WALKER  |  TUESDAY, 14 JUN 2022
... been replaced by pessimism." According to Suter, a direct impact of the invasion was the disruption of grain and sunflower oil (Russia and Ukraine product 70% of the world's sunflower oil exports), as shippers can't get insurance to move items ...

Kate Howitt to leave Fidelity

CASSANDRA BALDINI  |  FRIDAY, 3 JUN 2022
... sectors. She has also held investment banking and equities research analyst roles at Morgan Stanley and Merrill Lynch covering oil and gas, resources, and REITs. "Casey and Clare's appointments reflect Fidelity's long-standing tradition of promoting ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... fuel, and health costs." Fuel prices reached record levels in the March quarter, with automotive fuel rising 11.0% due to the oil price shock caused by the Russian invasion of Ukraine, paired with ongoing easing of COVID-19 restrictions strengthening ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... from 2024. The bill applies to publicly-owned companies expected to contribute the highest future emissions from their coal, oil, and gas reserves. This bill follows previous legislation passed in 2015 that saw the funds forced to divest thermal coal ...

Goldman Sachs strengthens leveraged finance team

ELIZABETH FRY  |  WEDNESDAY, 25 MAY 2022
... hired Colin Mathews to run leveraged finance in Australia and New Zealand. Currently, the New York-based Mathews co-leads oil and gas coverage within the leveraged finance group. In his new role, he will assume responsibility for the strategic direction ...

NGS to reduce emissions 35% in three years

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2022
... make have a longer horizon than that - they may have a 15-year payoff. "That requires quite creative thinking. If you remove oil and gas, how do you compensate for those periods of time where you have higher geopolitical tension, and shocks like the ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... 12-months to April 2022 for food sat at 9.4%. More dire again, the annual inflation rate of energy commodities was 44.7%; fuel oil and petrol were 80.5% and 43.6% respectively. On the back of the latest figures, the Nasdaq slumped 3% and the S&P500 1.6%. ...