Topic
OilPrices
4 stories, newest first.
- World
Shell Earnings Soar Amidst Middle East Conflict
Shell announced substantial earnings for the first half of 2026, exceeding expectations due to volatile oil prices and strong trading performance. The company's Qatar facility remains offline following missile attacks, with repairs anticipated to take up to a year.
3 min readTrust 42 · Craft 55 · Hype 75 - World
Shell Earnings Surge Amid Market Volatility
Shell's underlying earnings rose to £12.55 billion in the first half of 2026, a 70% increase driven by volatile oil prices and strong trading performance. Despite disruptions, including an attack on its Qatar facility, the company saw significant profit growth across its operations.
3 min readTrust 42 · Craft 55 · Hype 15
WorldBank of England set to hold interest rates at 3.75% on 30 July
The Bank of England is expected to keep the base interest rate at 3.75% at its 30 July meeting, despite rising oil prices and renewed Middle East conflict. Inflation fell to 2.6% in June, but economists warn of potential future increases due to energy costs and geopolitical risks.
5 min readTrust 40 · Craft 55 · Hype 35
WorldIran War Fuels UK Inflation, Slows Growth, NIESR Warns
The Iran war is expected to drive up oil prices and inflation in the UK, leading to slower economic growth and significant budget challenges. The National Institute of Economic and Social Research (NIESR) forecasts inflation to reach 3.8% and warns of a £24bn funding gap for public services.
4 min readTrust 42 · Craft 55 · Hype 55