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For any OPEC supply gaps, Europe cannot rely on the U.S. shale

Over the previous two decades, American shale oil drillers went from being ragtag wildcatters to multimillionaires, helping the country become the world's top producer....

Wall Street seeks recession wagers to withstand probable turmoil in 2023

Concerns are growing that the Federal Reserve's increase in interest rates will trigger an economic slump next year, and investors are looking at everything...

BlackRock reduces European and EM debt; look at its new playbook

A new investment strategy will be needed by 2023, as stated by asset manager BlackRock, who expects the banking and energy sectors to perform...

Britain will permit banks to accept more volatility in order to remain viable

To maintain the City of London's position as a preeminent global financial centre, Britain will reform its banking regulations to permit banks to take...

A wider Africa crude phaseout will force Exxon out of Equatorial Guinea

After its licence expires in 2026, Exxon Mobil Corp (XOM.N) will cease production of oil in Equatorial Guinea and depart the nation, according to...

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