Is the ‘energy transition’ a real thing?
Fossil fuel demand has kept growing amid the rise of low-carbon technology
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Investment banks expect UK borrowing costs to fall further in 2026
Gilts will outshine global peers, helped by BoE rate cuts, Wall Street lenders predict
Leaders brace for ‘three-shirt’ summit to push through Ukraine loan
Also in this newsletter: Portuguese top court shields migrants’ citizenship rights
Coal demand reaches new annual record as US output rises
IEA forecasts a decline in years to 2030 despite ‘many uncertainties’
The Shell-BP deal that wasn’t
Plus, George Osborne joins OpenAI and multinationals seek private equity partners in China