grandriver/iStock via Getty Images Shares of Hess Midstream ( HESM ) have been a poor performer over the past year, losing about 11% of their value (though the stock does pay an ~8% dividend yield). Shares were hit hard during the second half of 2025 as concerns grew about Chevron ( CVX ) reducing its drilling activity in the Bakken given its higher costs, raising fears about long-term production ...
grandriver/iStock via Getty Images Shares of Hess Midstream ( HESM ) have been a poor performer over the past year, losing about 11% of their value (though the stock does pay an ~8% dividend yield). Shares were hit hard during the second half of 2025 as concerns grew about Chevron ( CVX ) reducing its drilling activity in the Bakken given its higher costs, raising fears about long-term production levels and cash flow even as near-term results are protected by contractual minimum volume commitments (“MVC”). The recent rise in prices, driven by the Iran War, has lifted shares in the thinking that higher prices could spur more drilling. Since I rated HESM a "S trong Buy" in December , shares have gained 10%, and with questions about the future of the war and energy prices, now is a good time to revisit shares. Seeking Alpha Hess Midstream struggled in the middle of last year amid concerns about long-term production in the Bakken region, given its higher-cost base than plays like the Permian. Indeed, Chevron is now operating just three rigs in the Bakken, which should essentially keep oil production flat through 2028, while gas production should increase modestly. We need to see prices above $70 to feel comfortable about long-term production trends, and much of last year, we fell below that level. Seeking Alpha With prices having surged to about $100, Bakken drilling economics are now much more favorable. There is a tremendous amount of uncertainty around the Iran War and, in particular, how long flow through the Strait of Hormuz is impaired. The longer this goes on, the more likely prices are to stay high. Even after an eventual resolution, heightened geopolitical risk may keep prices a bit higher. Plus, in my view, the world has already lost over 300-350 million barrels (given a 10-12M daily shortfall) meaning the market is structurally tighter. Plus, curtailments that have occurred in the Middle East cannot immediately be reversed. There will be at least a 500-millio...
primeimages/iStock via Getty Images Asian equity markets traded lower on Thursday as investor sentiment weakened due to mixed signals from US President Donald Trump about the conflict in the Middle East. Trump stated in a national address that the war in Iran was “very close” to completing its goals, but he also warned of possible escalation in military actions while diplomatic efforts continue. H...
primeimages/iStock via Getty Images Asian equity markets traded lower on Thursday as investor sentiment weakened due to mixed signals from US President Donald Trump about the conflict in the Middle East. Trump stated in a national address that the war in Iran was “very close” to completing its goals, but he also warned of possible escalation in military actions while diplomatic efforts continue. He did not provide a clear timeline for the conflict's end. Bitcoin ( BTC-USD ) slipped about 2.0% to $66,512 on Thursday after U.S. President Trump struck a hawkish tone in a national address on the Iran conflict. Gold prices declined to around $4,690 per ounce on Thursday, ending a four-day gain. WTI crude futures jumped more than 5% on Thursday, reclaiming levels above $100 per barrel and halting a two-day decline. The benchmark KOSPI slumped 3.87% to around 5,268 on Thursday, reversing the previous session’s gains as renewed geopolitical concerns rattled investors. The South Korean won depreciated past 1,520 per dollar, its lowest since March 2009. Japan ( NKY:IND ) fell 2.65% to around 52,700, while the broader Topix Index slipped 0.9% to 3,600 on Thursday. The Japanese yen slipped to around 159.2 per dollar on Thursday. China's ( SHCOMP ) stock markets fell 0.85% , and the offshore yuan weakened to around 6.88 per dollar, ending a three-day winning streak. The People's Bank of China (PBoC) withdrew cash from the financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy, as reported by Bloomberg. Hong Kong ( HSI ) fell 1.46% to 25,082 on Thursday, extending losses for a second straight session. India ( SENSEX ) fell 1.95% to below 71,700 on Thursday, after a strong 1.8% gain in the previous session. The Indian rupee edged down to around 93.2 per dollar, extending gains for another session. The HSBC India Manufacturing PMI fell to 53.9 in March 2026 from 56.9 in February, slightly h...
Hackney leaseholders feel council made the problem worse by leaving £850,000 debt uncollected for eight years Leaseholders in east London have said they are “trapped in unsellable homes” because of an £850,000 debt owed by the building’s developer to Hackney council, who have let it go unpaid for eight years. The 17 leaseholders, who live in a block of flats in Upper Clapton, have appealed to the ...
Hackney leaseholders feel council made the problem worse by leaving £850,000 debt uncollected for eight years Leaseholders in east London have said they are “trapped in unsellable homes” because of an £850,000 debt owed by the building’s developer to Hackney council, who have let it go unpaid for eight years. The 17 leaseholders, who live in a block of flats in Upper Clapton, have appealed to the council for help but their pleas, including requests for a meeting, have been ignored. Continue reading...
Explore wild scenery, empty beaches and beautiful villages on the 110-mile Corfu trail, which celebrates its 25th anniversary this year The riverside was heaving. Families spilled from cafes. A marching band trooped on to the bridge, their tasselled metal helmets dazzling in the sun. Priests with bushy beards delivered ageless chants from beneath their cylindrical kalimavkion hats. Men let off sho...
Explore wild scenery, empty beaches and beautiful villages on the 110-mile Corfu trail, which celebrates its 25th anniversary this year The riverside was heaving. Families spilled from cafes. A marching band trooped on to the bridge, their tasselled metal helmets dazzling in the sun. Priests with bushy beards delivered ageless chants from beneath their cylindrical kalimavkion hats. Men let off shotguns, terrifying the air. Easter Monday in Lefkimmi. We hadn’t planned this. Simply right place, right time. The capital of southern Corfu, Lefkimmi is a working town, untroubled by tourism. There are Venetian-style houses – variously neat, tatty and decrepit – but no “attractions” to speak of. Just Corfiots doing Corfiot things: chewing the fat in their finest for this religious celebration – Greek Orthodox Easter, which falls on 12 April in 2026 – plus zipping about on scooters, drinking coffee, buying baklava and ice-creams. Continue reading...
Riley has always skewered cruelty with shattering exactitude. What’s new in this story of two old friends in London is the delicacy she brings to moments of tenderness In the opening pages of The Palm House, London is enveloped in a dust storm blown up from the Sahara. As old friends Laura and Putnam meet for a drink in a Southwark pub, a packet of crisps open between them, the occluded atmosphere...
Riley has always skewered cruelty with shattering exactitude. What’s new in this story of two old friends in London is the delicacy she brings to moments of tenderness In the opening pages of The Palm House, London is enveloped in a dust storm blown up from the Sahara. As old friends Laura and Putnam meet for a drink in a Southwark pub, a packet of crisps open between them, the occluded atmosphere renders the city unsettlingly strange: the sky is “dark yellow … like iodine”, while the pictures in the evening paper show a “blood red sun”, a “jaundiced” City square, a “prodigious cloud, menacing the Shard”. Like a Saharan dust storm, Gwendoline Riley’s work recasts our relationship with the familiar, transforming ordinary, unremarkable lives of her characters into something startling and new. Her female protagonists, often writers themselves, struggle with bad relationships: in First Love , shortlisted for the 2017 Women’s prize, Neve grapples with an abusive marriage, while Bridget in 2021’s quietly brutal My Phantoms is caught up with her desperately self-involved mother. The mothers in Riley’s novels are mostly monstrous and persistent, the fathers mostly monstrous and dead. Her stories are not structured around linear plots – nothing much happens – but Riley’s disquieting acuity and her spare and unsparing prose makes them shimmer with tension. She has a phenomenal ear for dialogue, for the myriad ways in which people unknowingly lay themselves bare, both in what they say and, more agonisingly, in what they don’t – or can’t. She is the laureate of disconnection, her bone-dry humour edged with the vertiginous lurch of despair. Continue reading...
With public houses increasingly restricting or banning children, we asked for your thoughts on adult-only pubs A growing number of pubs in the UK are restricting or banning children , citing safety concerns, changing atmospheres and lost trade. We asked people their thoughts on adult-only pubs. Many who contacted us supported child-free pubs, believing adult-only spaces were important, but a good ...
With public houses increasingly restricting or banning children, we asked for your thoughts on adult-only pubs A growing number of pubs in the UK are restricting or banning children , citing safety concerns, changing atmospheres and lost trade. We asked people their thoughts on adult-only pubs. Many who contacted us supported child-free pubs, believing adult-only spaces were important, but a good proportion said they would change their mind if children were “properly supervised by parents”. Continue reading...
Exclusive: Laurence Taylor says separate scheme needed to report concerns over young people’s non-ideological interest in extreme violence The scheme meant to identify people before they become terrorists is being “overwhelmed” by a large surge in referrals, Britain’s head of counterterrorism has said. Assistant commissioner Laurence Taylor told the Guardian that more than 10,000 people would be r...
Exclusive: Laurence Taylor says separate scheme needed to report concerns over young people’s non-ideological interest in extreme violence The scheme meant to identify people before they become terrorists is being “overwhelmed” by a large surge in referrals, Britain’s head of counterterrorism has said. Assistant commissioner Laurence Taylor told the Guardian that more than 10,000 people would be referred to Prevent this year, up more than a third from two years ago. Continue reading...
A new book celebrating four decades of fashion photography duo Inez and Vinoodh features celebrity portraits, surrealist visions and a meditation on love itself Continue reading...
A new book celebrating four decades of fashion photography duo Inez and Vinoodh features celebrity portraits, surrealist visions and a meditation on love itself Continue reading...
Mainland Chinese investors extended their buying spree of Hong Kong stocks in March, looking past the turmoil triggered by the US-Israel war on Iran and betting that Chinese assets would be able to withstand the oil shock. Onshore traders bought HK$61.4 billion (US$7.8 billion) of the city’s stocks through the cross-border exchange link programme last month, marking a third consecutive month of ne...
Mainland Chinese investors extended their buying spree of Hong Kong stocks in March, looking past the turmoil triggered by the US-Israel war on Iran and betting that Chinese assets would be able to withstand the oil shock. Onshore traders bought HK$61.4 billion (US$7.8 billion) of the city’s stocks through the cross-border exchange link programme last month, marking a third consecutive month of net inflows, data from the Hong Kong stock exchange and Bloomberg showed. The buying came even as the...
“Pet spirit money” in various currencies has emerged as a burgeoning trend, with many promoting “luxury dog funerals” that include paper servants and companion pets, as well as unique paper offerings such as salmon, tuna, steak, Wagyu beef and dried chicken. In China, holding funerals for loved ones and burning joss paper have long been revered mourning traditions, originally intended to express r...
“Pet spirit money” in various currencies has emerged as a burgeoning trend, with many promoting “luxury dog funerals” that include paper servants and companion pets, as well as unique paper offerings such as salmon, tuna, steak, Wagyu beef and dried chicken. In China, holding funerals for loved ones and burning joss paper have long been revered mourning traditions, originally intended to express remembrance and respect for the deceased, as well as to convey the hope that they will thrive in the...
Indians Are Online Bragging About Scamming Europe's Education System Authored by Steve Watson via Modernity.news, Europe is literally paying Indians hundreds of euros a month to “study” while its own students can’t afford rent and are drowning in debt. In a now-viral video, an Indian student in Europe boasts about the arrangement. He explains how the EU provides him with 1400 euros every single mo...
Indians Are Online Bragging About Scamming Europe's Education System Authored by Steve Watson via Modernity.news, Europe is literally paying Indians hundreds of euros a month to “study” while its own students can’t afford rent and are drowning in debt. In a now-viral video, an Indian student in Europe boasts about the arrangement. He explains how the EU provides him with 1400 euros every single month that covers rent, travel, and meals, with zero student debt , while he still saves 600 euros every single month . He walks through what he calls “elite scholarship secrets,” noting that a simple bachelor’s degree, a valid passport, and basic English proficiency suffice — adding that “IELTS is not always mandatory” and a certificate from some random school abroad will do. europe literally paying Indians 1400 euro a month to "study" here while our own students can't afford rent and are drowning in debt. this guy is literally bragging about scamming the system with a degree that’s worth less than a high school diploma in the west. total subversion… pic.twitter.com/IA0yxdlaaY — pallasmaxxer (@pallasmaxxer) March 30, 2026 The poster highlighted the post with clear frustration: “literally bragging about scamming the system with a degree that’s worth less than a high school diploma in the west… total subversion of our education system and you are the one footing the bill. Peak comedy.” In follow-ups, the same account pointed out that the individual admits “you don’t need to be a topper to get 1400 euro a month… a 75% gpa from a third world uni — literally a mediocre 6.5/10 here… you don’t even need a real English test.” This reflects a broader pattern visible online where some Indians treat European scholarships and student visas as an easy backdoor. Other posts have referenced credential issues in India, including claims that one can simply buy degrees and credentials in India and use them to secure educational places in Europe with a visa. The same dynamic has played out for...
Good morning . Brent climbs above $107 and stock futures fall as Donald Trump signals an escalation against Iran. Tehran pushes back. And NASA astronauts lift off on a mission bound for the moon. Listen to the day’s top stories . Brent jumped above $107 and equity futures tumbled as Donald Trump signaled an escalation in the war against Iran, dimming hopes of a quick resolution. The US president s...
Good morning . Brent climbs above $107 and stock futures fall as Donald Trump signals an escalation against Iran. Tehran pushes back. And NASA astronauts lift off on a mission bound for the moon. Listen to the day’s top stories . Brent jumped above $107 and equity futures tumbled as Donald Trump signaled an escalation in the war against Iran, dimming hopes of a quick resolution. The US president said he will hit Iran “ extremely hard ” over the next two to three weeks but gave no clear exit timeline . He also revived threats to strike Iranian power plants. Iran’s president wrote a letter to Americans, urging them to look past rhetoric and saying his country had not chosen aggression . Changing flags and paying tolls are some of the ways ships stuck in the Persian Gulf are looking to get through the strait. Diesel cargoes are taking stranger journeys that would normally make little economic sense. US stocks are entering their danger zone: Thursday and Friday sessions have produced stinging losses since the war began. A similar dynamic has been playing out in European and emerging-market shares. It’s been particularly stark, though, in the S&P 500 Index. Rubio Sponsored Law Now Blocking Trump From Exiting NATO Scarred by Wirecard, Germany Takes on a Global Payments Scandal Check out our Markets Today live blog for all the latest news and analysis relevant to UK assets. Deep Dive: Europe’s Clean Energy Reservoir High in the mountains of southern Norway, where winter is usually measured in meters of snow, engineers are confronting an unfamiliar sight . Standing atop the Vatndals dam on a recent day, the hydrologist Sverre Eikeland looked out over craggy slopes that should still be blanketed in white powder. The reservoir , large enough to fill nearly half a million Olympic swimming pools, depends on spring melt to replenish and generate electricity. But after Norway’s driest winter in decades, the water level is far below where it should be, prompting companies to limit...
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)