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Texas cold blast boosts oil Sharon Cho, Rob Verdonck and Alex Longley, Bloomberg Feb. 15, 2021 FacebookTwitterEmail Oil rallied to a 13-month high as cold weather in Texas disrupted flows from America’s largest shale patch, exposing the fragility of global supplies amid sharp cutbacks by OPEC and its allies. U.S. West Texas Intermediate futures surged as much as 2.5% and rose above $60 a barrel for the first time since January last year. Brent crude in London, meanwhile, rose above $63. Permian oil production has fallen by as much as 1 million barrels a day as temperatures fall to minus 1 ...

Kerry claws back losses as Dalata closes up 7% after investor steps back from deal

Exclusive research from Barclays Corporate Banking reveals the views of financial services leaders from across the globe on a range of key issues Recovery from Covid-19 is a key priority for FinTechs over the year ahead, however their number one aim shows the optimism in the sector: focussing on business growth Asia-Pacific may be the new focal poi

Tripling of China-Europe shipping costs threatens goods supply Shortage of empty containers stemming from pandemic is disrupting global trade Tue, Jan 19, 2021, 12:01 George Steer and Valentina Romei The cost of shipping a 40-foot container from Asia to northern Europe has increased from about $2,000 (€1,648) in November to more than $9,000. Photograph: Nick Bradshaw/The Irish Times   The cost of shipping goods from China to Europe has more than tripled in the past eight...

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