Commodities
Commodities: Brent bounces back on talk of smaller output hike from OPEC+
Commodities were little changed at the start of the week, with a rebound in Brent crude oil futures offsetting weakness in the agricultural space.
Empyrean Energy completes offshore oil migration study in China
Oil and gas firm Empyrean Energy on Monday completed an oil migration study for offshore China Block 29/11, a site with potential pathways into the Jade, Topaz and Pearl prospects.
NHS extra £20bn funding to come from tax hike says May
Theresa May said the government planned to provide the NHS an extra £394m a week, funded from increased tax contributions.
May's Brexit plans face Wednesday showdown
The House of Lords is set to vote down the government’s Brexit bill and the “meaningful vote” on Monday setting up a showdown with rebel lawmakers in the Commons on Wednesday.
US housebuilder sentiment drops in June as lumber prices rise
Sentiment among US housebuilders deteriorated in June due to sharply higher lumber prices, according to data released on Monday.
OPEC may boost output by between 300,000-600,000 b/d under compromise deal
A number of OPEC countries are optimistic that a compromise agreement on boosting the cartel's output over the next few months can be reached.
88 Energy begins fluid recovery at Icewine well
AIM-listed exploration company 88 Energy has begun nitrogen lift operations at its Icewine-2 well in Alaska, recovering fluids previously injected into the site through fracking.
Swedish Democrat Party sets sights on EU referendum
Sweden's third largest party is pushing for a referendum on leaving the European Union within the next four years.
China hits US with reciprocal tariffs as media attacks 'fool' Trump
China has retaliated and hit US with $34bn tariffs on over 600 products including whiskey, electrical cars and soy, while state media attacked the US president Donald Trump’s actions.