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Oneok’s $19bn takeover of Magellan reflects shifting views of future for gas vs oil
Japanese yen weakens after BoJ sticks to ultra-low interest rate policy
Ticket prices have already soared as airlines make the most of demand for travel
Revelations of scams targeting Aurubis and Trafigura are only the latest in a sector plagued by scandal
Sterling hits 6-month low against dollar after Bank of England holds interest rates steady
Curbs raise concerns Kremlin is ‘repeating playbook’ by again weaponising energy supplies
Speculators have increased their long positions as crude has climbed almost 30% since June
Futures are close to a three-year low, but analysts warn renewed Black Sea escalation could spark a rebound
US central bank keeps rates steady but signals willingness to tighten monetary policy further
Instacart shares close up 12% after public market debut
Onetime supporters of ex-president are hunting for an alternative to roll back Biden’s green agenda
The EU’s increasing demand for rare earths is causing problems for policymakers
Crude oil hits $95 a barrel before paring gains during afternoon trading in New York
Restructure comes as trader posts record earnings but is hit by alleged $590mn nickel fraud
The vessel is the first to dock in and set sail from Ukraine since Moscow reneged on international deal
Production cuts have lifted prices close to last year’s $100 per barrel average as the world produces less than it consumes
Hamburg-based group has been probing alleged conspiracy between suppliers and employees
Production cuts by Russia and Saudi Arabia have sparked tensions with western economies
Energy company overhauls top management following exit of Bernard Looney
European bank stocks slide after downbeat outlook from new SocGen chief
Prince Abdulaziz bin Salman defends lower output as crude nears $95 a barrel
Spread between Shanghai spot price and London hit record $121 per troy ounce last week
Civil action seeks damages to help mitigate costs of global warming caused by fossil fuels
Two vessels dock at Chornomorsk as Kyiv makes use of unilateral shipping corridor
Use of unreinforced vessels raises risks of environmental disaster as Moscow diverts sanctions-hit exports
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