Invesco Db Oil Fund ETF News

European gas futures spiked 13 percent after Russia ordered troops into separatist territories in Ukraine.

LONDON : Efforts by governments to drive an economic rebound are likely to add strain to tight oil supplies and could send prices to fresh peaks, unless international talks end sanctions on Tehran and lead to a surge in Iranian exports.Nervousness of possible disruption of exports from major oil producer

Brent crude LCOc1 futures rose $2.10, or 2.2%, to $97.49 a barrel at 0132 GMT, adding to a 2% gain on Monday. Earlier on Tuesday it hit $97.66, its highest since Sept. 2014.

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Since the last meeting in November, developments in the labour market and inflation have surprised to the upside. Inflation at 5.9% is almost twice the top of the RBNZs 1-3% target band and is yet to peak with high oil prices and a soft currency translating into $3/litre petrol prices in some parts of the [] The post RBNZ to Hike by 25bp Tomorrow Prompting Mean Reversion in AUDNZD appeared first on Action Forex .

Asian Stocks Down, Oil Soars Over Ukraine Tensions

Oil jumped to a seven-year high, safe-havens rallied and US stock futures dived on Tuesday after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine.

In a stock exchange filing, the firm said it has notified the government and the Directorate General of Hydrocarbons (DGH) of the discovery in exploratory well WM-Basal DD Fan-1 drilled in OALP Block RJ-ONHP-2017/1.

U.S. and European officials condemned the moves, but a Biden administration official said Russia''s military action did not as yet constitute an invasion that would trigger a broader sanctions package.

UN Secretary-General Antonio Guterres on Monday voiced great concern over Russia''s decision to recognise Donetsk and Luhansk regions of Ukraine as independent, saying Moscow''s decision is a violation" of the territorial integrity and sovereignty of Ukraine and inconsistent with the principles of the Charter of the United Nations. Russian President Vladimir Putin signed decrees to recognise the Donetsk and Luhansk People''s Republics as an independent. Meanwhile, oil jumped to a seven-year high, safe-havens rallied and US stock futures dived on Tuesday as Europe''s eastern flank stood on the brink of war after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine. Here are the live updates from the Russia-Ukraine crisis today:

* For more technical analyses, click TECH/C SINGAPORE, Feb 22 (Reuters) - U.S. oil CLc1 may revisit its Feb. 14 high of $95.82 per barrel, as an uptrend from $66.04 may have resumed. The resumption was confirmed by a surge on Monday, which helped oil

Wall Street futures plunged amid re-escalating geopolitical tensions at the Ukraine border. Haven assets gained favor and crude oil prices surged. Asia-Pacific markets look set to open lower.

TOKYO, Feb 22 Tokyo stocks slumped and oil prices rose today after Russian President Vladimir Putin ordered his troops into two Moscow-backed rebel regions of Ukraine. The benchmark Nikkei 225 index was down 1.46 per cent or 391.72 points at

LONDON: Oil prices rose on Monday as tensions between Russia and the West ratcheted up, adding to supply concerns that have kept oil prices near $100 a barrel.Brent crude futures jumped $1.23, or 1.3 percent, to $94.77 a barrel. US West Texas Intermediate crude futures rose $1.13, or 1.2 percent,