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Press Association

Daily Politics Briefing: June 4

Higher Ed
All the latest political developments, as Labour promise to “close the door” on Vladimir Putin with homegrown energy.
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Bloomberg

Oil Rebounds After SVB Roils Markets

Higher Ed
Crude prices bounced back after touching three-month lows as the collapse of Silicon Valley Bank ripples across global markets. Elizabeth Low reports on Bloomberg Television.
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Bloomberg

Brent Hits $95 a Barrel as Oil Rally Gathers Momentum

Higher Ed
Oil surged to a 10-month high as global benchmark Brent topped $95 a barrel for the first time since November, extending a powerful rally as supply cuts from OPEC+ tightened the market. Will Kennedy reports on Bloomberg Television.
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Bloomberg

Goldilocks Scenario Can't Be Broken by $95 Crude: HSBC

Higher Ed
Max Kettner, chief multi-asset strategist at HSBC, looks at the factors that can derail a goldilocks scenario moving into the end of the year on "Bloomberg Surveillance."
News Clip4:39
Bloomberg

King Dollar Is Back, HSBC's Chew Says

Higher Ed
Joey Chew, head of Asia foreign exchange research at HSBC, discusses the outlook for the dollar, European and Asian currencies, and central banks' policies. She speaks with David Ingles, Yvonne Man and Rishaad Salamat on "Bloomberg...
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Bloomberg

Chevron CEO on Oil Prices, LNG Workers Strike

Higher Ed
Chevron CEO Mike Wirth talks about oil at $100 a barrel, global demand and striking liquified natural gas workers at key Chevron sites in Western Australia. He's on "Bloomberg Markets." Follow Bloomberg for business news & analysis,...
News Clip1:27
Bloomberg

Oil Analyst Sen Sees Brent at $100 by Halloween

Higher Ed
Amrita Sen, co-founder and head of research at Energy Aspects, lays out the factors that can lead to "a temporary upswing in crude," pushing Brent to $100 by Halloween. She speaks on "Bloomberg Surveillance."
News Clip1:27
Bloomberg

OPEC+ Shows No Sign of Easing Oil Squeeze

Higher Ed
OPEC+ ministers are preparing to review global oil markets, but are showing no appetite for reversing those output cuts that have been squeezing global supply. Elizabeth Low reports on Bloomberg Television.
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Bloomberg

Baker Hughes Say Recent Mergers Present Opportunities

Higher Ed
Oilfield service provider Baker Hughes Chairman and CEO Lorenzo Simonelli says recent mergers in the oil sector create opportunities for his company. He says there have been no disruptions due to the war in Israel, but they are...
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Press Association

Climate protestor disrupts Galloway speech

Higher Ed
An apparent climate protestor throws orange confetti over George Galloway and his team during his victory speech at the Rochdale by election
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Press Association

No 'more important task for' UK than creating clean energy superpower, says Ed Miliband

Higher Ed
Ed Miliband delivers keynote speech at International Energy Week in London. There is 'no more important task' for the UK than creating a clean energy superpower, shadow environment secretary Ed Miliband said on Tuesday at the...
News Clip22:39
Press Association

Ed Miliband delivers keynote speech at International Energy Week in London - full version

Higher Ed
Shadow environment secretary Ed Miliband delivers keynote speech at International Energy Week in London, where he says there is 'no more important task' for the UK than creating a clean energy superpower.
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Press Association

No 'more important task for' UK than becoming clean energy superpower, says Ed Miliband

Higher Ed
There is 'no more important task' for the UK than becoming a clean energy superpower, shadow environment secretary Ed Miliband said on Tuesday at the International Energy Week conference in London. Mr Miliband criticised the Government's...
News Clip5:05
Press Association

London protest urges Cop28 leaders to do more to tackle climate change on global day of action

Higher Ed
Protesters from Extinction Rebellion and other campaign groups joined a demonstration outside BP offices in London as part of a 'global day of action' calling for countries to tackle climate change, coinciding with the Cop28 climate...
News Clip4:40
Bloomberg

Qamar Energy CEO: Israel-Hamas War Bad for Egypt

Higher Ed
Robin Mills, CEO, Qamar Energy discusses the global and regional energy markets amid the Israel-Hamas and the Russia-Ukraine wars. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East and Africa".
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Bloomberg

Analyst Sen Says Oil Prices to Be Range-Bound

Higher Ed
Amrita Sen, Energy Aspects founder and director of research, says there isn't a lot of geopolitical premium in crude oil prices during an interview on "Bloomberg Surveillance." Follow Bloomberg for business news & analysis,...
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Bloomberg

Energy Markets Eye Escalation Risk as Gaza War Deepens

Higher Ed
Energy markets are expected to face another week of volatile trading as Israel began its long-anticipated ground invasion of Gaza. Su Keenan reports on Bloomberg Television.
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Bloomberg

Oil Spikes as Mideast Tensions Rise on US Strikes in Syria

Higher Ed
Oil moved higher Friday as US strikes on two Iran-linked facilities in Syria revived investor concerns that the Israel-Hamas war may spark a wider conflict and disrupt crude supplies. Julian Lee reports on Bloomberg Television.
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Bloomberg

Exxon Mobil CEO Woods on Demand, Refining and ESG

Higher Ed
Exxon Mobil Chair and CEO Darren Woods discusses the company's third-quarter earnings, refining strategy and the ESG movement with Alix Steel and Guy Johnson on "Bloomberg Markets." Follow Bloomberg for business news & analysis,...
News Clip11:59
Bloomberg

Deutsche Bank CFO on Earnings, Outlook

Higher Ed
Deutsche Bank plans to accelerate payouts to shareholders after higher income from its corporate bank and deposit inflows offset weaker trading results in the third quarter. Revenue in the three months through September rose about 3%...
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Bloomberg

ACWA CEO: Saudi Arabia Will Invest $100s of Billions for Power by 2030

Higher Ed
Saudi Arabia will need to invest hundreds of billions of dollars this decade on renewable energy and natural gas-fired electricity to meet its generation capacity targets, according to the head of Riyadh-based ACWA Power Co. The project...
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Bloomberg

IEA Warns Energy Risks 'Rather High' if Mideast War Escalates

Higher Ed
International Energy Agency Executive Director Fatih Birol discusses geopolitical risks to the global oil market as the IEA predicts that oil demand will reach its peak this decade. He speaks on "Bloomberg Surveillance."
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Bloomberg

Chevron Purchases Hess in $53 Billion Oil Megadeal

Higher Ed
Amrita Sen, co-founder and head of research at Energy Aspects, examines Chevron Corp.'s $53 billion deal to purchase Hess Corp. and calls Guyana oil production "the most promising non-OPEC supply prospect." She speaks on "Bloomberg...
News Clip12:15
Bloomberg

Chevron and Hess CEOs on Why Their Merger Is a 'Win-Win'

Higher Ed
Chevron Corp. CEO Mike Wirth and Hess Corp. CEO John Hess discuss why the companies decided to combine in a $53 billion deal. Chevron will pay $171 per share for Hess, a premium of about 10% to the 20-day average price, according to...