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Brexit: Energy traders brace for chaos

Bloomberg The possibility of Britain exiting the European Union without a deal is coming into sharper focus for power, natural gas and carbon allowance traders as futures for next month start to expire. A no-deal Brexit could rattle traders because of the complicated links that hold the EU energy market together. For example, natural gas produced in Norway can be ...

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Shale backlash hits China after quake in key drilling area

Bloomberg The backlash against shale drilling in earthquake-prone regions — a thorn in the side of US energy companies for the past decade — reached China this week after a series of temblors killed two people and reduced homes to rubble. China’s biggest oil and gas producer halted drilling in an area of the country’s shale hub after three quakes ...

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Global stocks slide as trade optimism wanes; pound up

Bloomberg Global stocks dropped on Tuesday as the rush of optimism over US-China trade talks from earlier in the week faded. The pound rallied as UK Prime Minister Theresa May promised a vote to delay Brexit if her proposed deal fails. S&P 500 Index futures slid and European stocks edged lower after US President Donald Trump raised the possibility of ...

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