West Texas Intermediate (WTI) gained ground for the second successive day, trading $66.40 during the European session on Wednesday. However, crude oil prices faced downward pressure amid rising demand concerns over a
By Giovanni Staunovo, Strategist, UBS Switzerland AG Oil prices have given up all of this year’s gains, with prices now trading at the lowest level since December amid US tariff news and
By Nicole Phinopoulou While the world grapples with the urgent need for a sustainable future, the policies of the Trump administration threaten to disrupt the momentum of green investments and the implementation
Is the era of net zero pledges coming to an end? The debate around net zero is intensifying, with political parties and investors questioning its economic viability and impact. In Washington, US
Europe is reeling in shock after assault upon assault by President Trump’s team on the economic and political fronts. European leaders need to speed up efforts to take control of their future,
A decade after the idea was first put on the table, Cyprus and Egypt have finally agreed to transport natural gas from the island’s as yet unutilised offshore reserves to facilities on the
Cyprus plans to sell the entire output from one of its two mature offshore gasfields, Chevron’s Aphrodite, to Egypt which has recently seen its own output decline and in order to meet
Strengthening financial resilience for a greener future By Nicole Phinopoulou The financial sector is undergoing a profound transformation, driven by two fundamental forces — digital resilience and sustainability. At first glance, these
By Charles Ellinas The big issue for energy markets in 2025 is Donald Trump’s return. In a matter of days, he took the oil and gas sector by storm and his impact
By Charles Ellinas Despite their foresight, contingency plans, position papers and gaming out a second Trump term, EU leaders find themselves exactly where they were four years ago: unprepared and knocked out.
