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The 'trillion pound' oil fund the government believes Britain could have built
For the first time, the Treasury calculates how much the UK could have raised by investing North Sea proceeds.
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Will Russia’s diesel shipment to the US lower prices before midterms?
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Macron makes surprise Saudi visit as France secures extra diesel supplies
Markets
| Series | Dow | S&P 500 | Nasdaq |
|---|---|---|---|
| Change | up 0.69% | up 0.58% | up 1.05% |
| Level | 52,856.09 | 7,757.17 | 26,702.86 |
| Series | Dow | S&P 500 | Nasdaq |
|---|---|---|---|
| Change | down 0.47% | down 0.85% | down 1.59% |
| Level | 52,807.00 | 7,734.00 | 29,530.75 |
From the desk
- Why Cognitive Overload Happens Understanding the silent productivity killer affecting leaders, teams, and modern workers everywhere — the four causes, and what to do about each one.
- The Universe Is Not a List. It Is a Surface That Breathes With the Market A framework for building an adaptive trading universe. Regime compatibility, liquidity floor and edge validation, recalculated continuously as the market…
- The Paper Has to Carry the Price OpenAI and Anthropic are being treated as the next WeWork. The papers do not say that.
- The Ones Who Last Sit Less Most people leave early. The ones who last sit less and write the exit first.
- The Lead Is Still Half SK hynix still has half of high-bandwidth memory revenue. Samsung took a third. Seoul has already marked the stocks down.
On the wire
Updated 22 Oct, 05:50 GMT.
- Woman 'scared to turn heating on' due to oil costBBC News
- Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikesCNBC
- Putin’s War On Ukraine Puts Oil Giant Rosneft Under Mounting PressureBloomberg.com
- Gold drops over 1% as oil rally reinforces higher-for-longer rate outlookReuters
- China's stock market sinks into bear territory as CSI 300 extends 10-week routCNBC
- Which G7 economy is the profligacy poster child?Financial Times
- Rupee traders weigh Jio IPO flows against oil price risksReuters