USCommodity Brent Oil Fund LP ETF News

These top 10 Nigerian stories across the nation might interest you. 1. Amaechi decries slow pace of work on Kaduna-Kano, Port Harcourt-Maiduguri rail projects The Minister of Transportation, Rotimi Amaechi, on Saturday expressed concern over the slow pace of work at the Kaduna-Kano rail line handled by the China Civil Engineering Construction Corporation (CCECC). Read More 2. We’ll soon have to say goodbye to Nigeria as a nation if….—Obasanjo Former Nigerian president, Chief Olusegun Obasanjo, has grimly predicted the discontinued existence of Nigeria as a country due to the manipulation of the electoral process and the selfishness of its leadership. Read More 3. Abia PDP still consulting on 2023 governorship ticket – Ikpeazu The Abia State Governor, Okezie Ikpeazu, said on Friday the the Peoples Democratic Party (PDP) in the state was still in consultation with stakeholders over the party’s 2023 governorship ticket. Read More 4. Nnamdi Kanu sends message to supporters, says ‘dream republic near’ The embattled leader of proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, has called on his supporters not to allow themselves to be distracted by “enemies who are against the struggle,” as their dream republic will soon emerge.

Crude traded within the widest ranges on record as WTI settles on the highest dollar gain ever in a week and Brent swings in its largest range since incept…

1. Asia to Remain Focus of Middle Eastern Producers as Europe Tightens Further- Despite IEA members agreeing to release 60 million barrels of oil in a coordinated effort to tame runaway prices, with the US releasing half of the total, Brent is up at $110 per barrel, an eight-year high. - The risk of Russian supply being kept away from markets has made backwardation so steep that now the difference between the first and second months of the Brent futures curve stands at around $5 per barrel. - Concurrently, the Brent-Dubai EFS spread, a key indicator…

The public buyers strike appeared to end on March 4 after Shell shipping and trading company lifted Trafigura''s Urals Baltic offer in the Platts Market on Close assessment process by S&P Global Commodity Insights at Dated Brent minus $28.50/b. As a result, NWE Urals was assessed a further $5.645/b lower on the day at a fresh record discount of $27.87/b…

Rising oil prices, global push and inexpensive valuation made the clean energy ETFs space lucrative lately.

Oil prices are on track to end their wildest week ever seen, with a massive $20 a barrel trading range in the past five days, as the Russian invasion of Ukraine sparked concerns about supply amid an exodus of buyers of Russian commodities. As of 9:56 a.m. ET on Friday, WTI Crude was up 5.25% at $113.45 and Brent Crude was trading up 4.48% at $115.54. Oil prices started this week in the low $100s for Brent and mid-$90s for WTI. The U.S. benchmark broke above $100 a barrel early this week and continued rallying. Early on Thursday, WTI Crude had jumped…

A rally that has driven oil prices to their highest in almost a decade shows no signs of abating, as supplies from top exporter Russia are disrupted by sanctions after its invasion of Ukraine, a Reuters poll showed on Friday. A survey of 35 economists and analysts forecast Brent crude would average

Following reports that Russian forces invaded Ukraine on Thursday, February 24, the front-month futures price of both Brent and West Texas Intermediate (WTI) crude oil have increased to more than $100 per barrel (b). The front-month Brent contract price closed just below $115/b on Wednesday, March 2, after rising and settling above $100/b on February 28. The Brent crude oil price last rose above $100/b in late 2014. The front-month WTI contract price closed above $110/b on March 2, after first settling above $100/b on March 1.

A rally that has driven oil prices to their highest in almost a decade shows no signs of abating, as supplies from top exporter Russia are disrupted by sanctions after its invasion of Ukraine, a Reuters poll showed on Friday. A survey of 35 economists and analysts forecast Brent crude would average around $91.15 a […]

By Adedapo Adesanya Rumours that a deal on Iran’s nuclear activities could be signed within 72 hours sent oil prices lower on Thursday morning after reaching their highest in earlier trades. Brent crude recorded a 2.19 per cent or $2.43 contraction to trade at $110.46 per barrel while the West Texas Intermediate retreated by 2.65 […]

Brent crude futures for May rose to as much as $114.23 a barrel on Friday and were at $113.72, up $3.26, or 3 per cent.

Oil prices jumped above $114 a barrel and global shares tumbled as major cities in Ukraine endured relentless missile bombardment from Russia and a fire broke out at Europe’s largest nuclear plant. International benchmark Brent crude jumped as much as 3.4 per cent on Friday after hitting its highest level since 2012 in the previous […] Oil surges and stocks drop after fire breaks out at Ukraine nuclear power plant

Share prices have fallen in Asia after a fire broke out at the Zaporizhzhia nuclear power plant in Ukraine, the largest in Europe. Japan’s benchmark Nikkei index was 2.5% lower and the Hang Seng in Hong Kong was down by 2.6%. Oil prices rose in Asia morning trade, with Brent crude above $112 a […]

Russia attacks Ukraine’s nuclear plant, but Kyiv says its safety has been secured

Brent for May settlement gained 1.5% to $112.15 a barrel on the ICE Futures Europe exchange.