UK – PM Johnson to travel to Saudis, considering prolonging use of coal power stations

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UK – PM Johnson to travel to Saudis, considering prolonging use of coal power stations

The weekend brought news that UK Prime Minister Boris Johnson is expected to travel to Saudi Arabia for oil talks with Crown Prince Mohammed bin Salma

The weekend brought news that UK Prime Minister Boris Johnson is expected to travel to Saudi Arabia for oil talks with Crown Prince Mohammed bin Salman.

Meanwhile, Monday’s UK Times reports that the UK is considering keeping some of its coal-fired power stations running for now.

Oil has lost some ground during the session here. Analysts are pointing to some signs Russia and Ukraine talks may soon bear fruit (this for example). Lockdowns in China are rising too.

oil chart 14 March 2022

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