Browsing: hits

Of the various dimensions of the affordability crisis weighing on US families, housing probably weighs heaviest. The typical home price has risen above five times the…

Pound hits lowest since November against stronger dollarThe pound has hit its lowest level against the US dollar since last November, as the falling oil price…

The boardroom turmoil at BP deepened after its ousted chair, Albert Manifold, claimed allegations about his conduct were “lies”.In a new and lengthy statement, Manifold disputed…

Oil hits highest level since US-Iran ceasefire beganThe oil price has hit its highest level since the US and Iran agreed a ceasefire more than two…

Oil prices rose sharply and European stock markets fell on Monday after the US seizure of an Iranian vessel dented hopes for a peace deal.Brent crude,…

US crude oil hits $110 a barrelUS crude has surged over $110 a barrel today, for the first time in over three weeks.The price of a…

The price of oil hit nearly $117 (£89) a barrel on Monday as Donald Trump threatened to “blow up” and “completely obliterate” Iranian electricity plants, oil…

Closing postTime to recapOil prices have jumped again after a statement from Iran’s new leader said the crucial Strait of Hormuz should remain closed.Brent crude has…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lego’s chief executive has lambasted Danish Prime Minister…

Brent crude hits $90 a barrel as Kuwait ‘starts cutting oil production’Brent crude has now surged to $90 per barrel for the first time since April…