Global Inflation Angst Is Back
Spiking energy prices, more U.S. tariffs, and mushrooming spending on artificial intelligence are reawakening investors' inflation fears.
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Brent Pulls Back From $100
Crude declined after reports on US-Iran diplomacy and continued Red Sea oil flows reduced immediate supply concerns.
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SLB Sees Growth Broadening Beyond Mideast
The company, which helps clients drill oil wells and map underground pockets of crude, said the conflict is encouraging customers to spread investment across more regions.
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Analysts Map 4 Potential USA-Iran Conflict Scenarios
Rystad Energy mapped four potential U.S.-Iran conflict scenarios to assess their impact on oil prices.
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OEUK Hails 'Constructive Meeting' with New Energy Sec
Offshore Energies UK announced that its CEO, David Whitehouse, had a 'constructive meeting' with the UK's new Secretary of State for Energy.
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Oil Surges Above $100
Oil climbed above $100 a barrel after Houthi attacks on Saudi tankers heightened fears of broader supply disruptions.
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Oil Rockets Towards $100
Oil is rocketing towards $100 per barrel, adding more than $14 per barrel in just a week.
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Burnham Picks Energy Team
UK Prime Minister Andy Burnham has selected his energy team.
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Oil Extends Rally on Iran Tensions
Brent settled above $94 as traders weighed growing geopolitical risks and the potential for prolonged supply disruptions.
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Power Blackouts Sweep North Africa
Power blackouts hit energy-rich North Africa from Libya to Tunisia and Algeria.