Shell shares slide after profit warning

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE May, North Sea oil and gas drillers have been hit by a windfall tax the UK government, which has increased its tax rate from 40% to 65% potentially by 2025 to help fund relief for households facing rising energy bills. Liz Truss, Prime … Read more

Saudi Arabia and Russia defy Biden with biggest cuts in oil output in two years

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Opec is made up of oil exporters including Saudi Arabia, the United Arab Emirates and Libya, with Russia included when the Opec-plus coalition was formed in 2016. Suhail al-Mazroui, the UAE’s energy minister, said the coalition’s production decision was “technical, not political”. He … Read more

The price of oil has fallen to its lowest level since the invasion of Ukraine, which struck Putin

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Oil has fallen by more than a quarter since June, cutting into the revenue the Kremlin can generate to fund its war on energy prices. After rising to nearly $140 a barrel at the start of the war, oil has come under pressure … Read more

Investor payouts hit record highs as energy companies capitalize on the crisis

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Investor payouts hit record highs as energy companies take advantage of the oil and gas crisis leaving households facing sky-high bills. Global dividends rose 11.3 percent to an all-time quarterly high of $544.8 billion (£463.2 billion) in the second quarter of 2022, according … Read more

Saudi Aramco profits jump 90 percent as it predicts a decade of oil market growth

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Last week, the International Energy Agency said a sharp drop in Russian gas imports would leave Europe at the mercy of heavy oil producers such as Saudi Arabia this winter. US President Joe Biden has also lobbied the Kingdom to increase production. Mr. … Read more

Putin benefits from energy crisis while war destroys European growth

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “The effects of the war on Europe’s major economies have been more negative than expected due to higher energy prices, as well as weaker consumer confidence and a slower pick-up in manufacturing as a result of persistent supply chain disruptions and rising input … Read more

Oil companies add £15 to the cost of filling up a car as profits rise

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The findings are the result of an urgent market review commissioned by Kwasi Kwarteng, the Business Secretary, after concerns that the fuel duty cut announced in March has not been delivered “in any visible or significant way”. The cost of filling up the … Read more

Russia has overtaken Saudi Arabia as China’s largest oil supplier

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Increased purchases by the Kremlin ally are threatening undermines Western sanctions trying to reduce revenues from Moscow. U.S. President Joe Biden has said oil embargoes will target the “main artery of the Russian economy,” but Chinese purchases show its energy giants are adjusting … Read more

The UK will be hit harder by the Ukrainian war than any other major economy

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Laurence Boone, the chief economist of the OECD, said that “inflation in the United Kingdom is higher than in other European countries. As a result, monetary policy is tightening faster and fiscal consolidation is accelerating. ”In addition,“ trade frictions and developments in global … Read more

Ownership of electric cars is accelerating as the UK prepares for the “national fuel crisis”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Fears that the UK is facing a “national fuel crisis” have accelerated the transition to battery-powered vehicles, as electric cars represent one of eight new models purchased in May. The number of electric models purchased last month rose to 15,448, up 20 percent … Read more

The takeover of the owner of a British petrol station worth 5 billion pounds is threatened

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The £ 5bn auction of Britain’s largest petrol market operator is threatened by fears that the government will intervene due to concerns that private equity owners raise prices at the pumps. The suitors for the Motor Fuel Group (MFG) are concerned that ministers … Read more

Joe Biden will release a record 180 million barrels of oil from strategic reserves

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A senior U.S. official said U.S. oil would “come on the market very soon” and that with other countries that would release their own coordinated reserves, the total surcharge to the daily supply would “far exceed 1 million barrels.” The release lacks previous … Read more

Fisherman takes a 32-meter boat to a gas station in protest of rising fuel costs

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “If we take VAT and fuel tax from white diesel that’s about 80 to 95 pounds per liter, ”Mr Attenborough said.“ If you do the same for red diesel, that’s about 1.20 pounds per liter. Where does that difference come from? “ Mr … Read more

Fisherman takes a 32-meter boat to a gas station in protest of rising fuel costs

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “If we take VAT and fuel tax from white diesel it is about 80 to 95 pounds per liter, “Mr Attenborough said.” If you do the same for red diesel, it is about 1.20 pounds per liter. Where does that difference come from? … Read more

From oil to wheat: what rising prices mean for businesses and consumers

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE nickel Nickel is an outstanding example of how the war in Ukraine forced a rapid reassessment of base metal prices. On Monday, it rose as much as 90 percent within the day, one of the most extreme moves ever recorded on the London … Read more

Oil and gas crisis: how to overcome rising prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE After more than doubling last week, European gas prices jumped to 345 euros (285 pounds) per megawatt hour. Motorists will feel the pinch, as prices at the pump could rise in tandem with jumps in crude oil prices. Drivers are not expected to … Read more

The White House is in talks with Venezuela in a fight to replace Russian oil

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE U.S. officials are in talks with Venezuela and are considering traveling to Saudi Arabia to secure alternative sources of oil before a possible ban on Russian imports. The delegation, led by Juan Gonzalez, the White House’s top adviser for Latin America, and Ambassador … Read more

Russia’s invasion of Ukraine threatens to raise gasoline prices to 1.60 pounds per liter

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE As one of the world’s largest oil and gas producers, Russian supplies about 40 percent of European gas and is the third largest oil producer in the world – Russia has a major impact on markets, which ultimately affects people in the UK … Read more

Global sell-off is accelerating as investors seek safe haven from war in Europe

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Wall Street joined a sell-off in the global stock market on Thursday, and the technology-driven Nasdaq fell into a correction zone after Russia invaded Ukraine. About 20 minutes after trading, the Dow Jones Industrial Average fell 2.1 percent and the broad-based S&P 500 … Read more

Are we going for $ 300 for a barrel of oil?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Not that you will feel the consequences in your pocket for a long time, at least here in Britain. UK price cap is a delay constraint that allows suppliers to continue to charge high retail prices even after wholesale costs are reduced again. … Read more

Drivers punished as gas station margins set a new record

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Drivers pay above the fuel quota because service stations do not pass on lower wholesale oil prices to drivers. Despite a drop in wholesale fuel prices of £ 10 per liter fourteen weeks ago, the average price of a petrol station has fallen … Read more

Buy these stocks to protect yourself from the fall of the omicron market

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE If you move above inflation, the pandemic is again a major concern for investors. The omicron variant now sets the investment agenda across the government announced a series of measures to contain a new version of the coronavirus. Workers have been told to … Read more

Joe Biden, along with other countries, is expected to release millions of barrels of oil to lower fuel prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Joe Biden, the U.S. president, announced on Tuesday the release of 50 million barrels of national crude oil reserves, a coordinated move unprecedented with other major nations. An unusual move is an attempt to cope its declining approval score as rising gasoline prices … Read more

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