Saturday , 3 January 2026

Recent Posts

Oil slows down on inventory growth threat

Bloomberg Oil’s slowing down as danger signs flash ahead. Futures are on course for their biggest drop in seven weeks amid concern an investor frenzy for risky assets may be overextending markets, while a weak dollar that had lifted commodities is gaining back some strength as Treasury yields advance. Sentiment is also being hurt as American crude inventories were forecast …

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Exxon $50bn bonanza returns spending to pre-rout level

Bloomberg Exxon Mobil Corp. is set to invest $50 billion over the next half decade in a return to the oil giant’s spending habits before crude suffered its worst price rout in a generation. With oil prices now hovering above $65 a barrel in New York, Exxon Chief Executive Officer Darren Woods disclosed a program that includes the Permian Basin …

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UK homeowners ‘risk losing properties’

Bloomberg Some borrowers with interest-only mortgages may lose their homes as a result of shortfalls in repayment plans, the UK’s Financial Conduct Authority warned. The FCA has identified three peaks in interest-only mortgage repayments, the first of which is currently underway. Defaults are less likely in the present wave of maturities because the homeowners are approaching retirement and have higher …

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