Monthly Archives: May 2018

Energy Costs: Long term prices surged to 6 year highs as Trump decided to pull out of the Iranian nuclear deal and move the US embassy to Jerusalem. The consequent geopolitical tensions sparked across the middle east and beyond sent oil prices up to $79.50/barrel

Energy Costs: While short term energy markets stabilised and dropped back over the past fortnight, longer term prices surged upwards hitting new long term highs. The increases were fuelled by global increases in feeder fuel markets as oil hit $75/barrel and coal $85/tonne partially due