October 16, 2026

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FTSE 100 Update: Stocks Aim for Recovery Following Bond Market Slump; Oil Prices Remain Above $100

FTSE 100 Update: Stocks Aim for Recovery Following Bond Market Slump; Oil Prices Remain Above $100

Welcome to the live blog, where you can find the latest updates, insights, and analysis regarding the FTSE 100 and other key UK markets.

Oil Prices Remain High Amid Diplomatic Tensions

Oil prices continue to stay elevated following unsuccessful negotiations between the United States and Iran. The failure to reach an agreement has contributed to ongoing uncertainty in the energy market, prompting fluctuations in prices and affecting various sectors reliant on oil. Market analysts are closely monitoring the situation as geopolitical factors remain a significant influence on commodity prices.

Meet Our Senior City Reporter

Samuel is a distinguished Senior City Reporter, specialising in comprehensive coverage of major financial institutions, from traditional retail banks to innovative fintech companies. His expertise extends to capital markets and economic trends, making him a trusted source for in-depth analysis on the financial landscape. Samuel has broken significant stories involving some of the most prominent names in the City, showcasing his keen understanding of market dynamics.

In addition to his reporting duties, Samuel leads City AM’s morning live blog every day from 7 am, providing real-time updates for readers. His analytical prowess is further showcased in a weekly column, which is published both in print and online every Wednesday. For insights and discussions, he can be reached via email at samuel.norman@cityam.com, and he actively shares his thoughts on LinkedIn and X at x.com/samnormanwrites.

Emerging Talent in Financial Journalism

Felix Armstrong is a promising freelance journalist currently interning at City AM while pursuing his studies at the University of Cambridge. His burgeoning career in journalism includes contributions to well-respected publications such as the Telegraph and the Times. Felix’s work reflects a commitment to delivering quality journalism and insightful commentary on financial matters, signifying his potential in the industry.

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