After today’s half-year results include a special dividend of 200 million pounds, oyal Mail will provide bonuses to postmen and other shareholders.
Other beneficiaries will include billionaire Daniel Kretinsky (Daniel Kretinsky), he is called Czech Sphinx (Czech Sphinx), he holds 15% of the company. Royal Mail’s latest data shows that thanks to the online shopping boom, its sales increased by 7% to 6 billion pounds, and its pre-tax profit was 315 million pounds.
After the price of Brent crude oil fell below US$80 per barrel, investors will pay close attention to the oil market as major oil-consuming countries plan to release their strategic reserves to curb price pressures.
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Inventory release plan leads to lower oil prices
Brent crude oil fell below US$80 per barrel for the first time in six weeks, pushed down by reports that major oil-consuming countries plan to release some strategic reserves.
According to Reuters, the Biden administration has asked China, Japan and other major crude oil consumers to coordinate the release of inventories to reduce energy prices.
This move comes at a time of strong opposition to U.S. gasoline prices and other inflationary pressures, which have caused people to worry that the U.S. economic recovery may be hindered.
Brent crude oil futures fell again this morning by 0.7% to US$79.77 per barrel, while West Texas Intermediate crude oil fell 5% to below US$77 per barrel in the past two days.
However, after the German regulatory agency decided to temporarily suspend the certification of Nord Stream 2, European natural gas prices have not had a chance to breathe, which intensified people’s concerns that Europe will face supply problems in the winter.
Another factor that puts downward pressure on oil prices is the latest surge in Covid-19 cases in Europe. German Chancellor Angela Merkel warned that her country is in a “dramatic” fourth wave.
The latest threat to economic recovery may lead to weakness in the European market. The FTSE 100 Index is expected to continue this week’s sluggish performance, dropping 6 points to 7,285.
