Invesco Db Oil Fund ETF News

This week’s price action suggests that traders remain unconvinced there will be a war in Ukraine given the diplomatic conversations taking place.

Oil futures fall Friday, on track to break a string of eight consecutive weekly gains, as prospects for restoring the Iran nuclear deal outweighing fears of…

Equity markets were mixed on Friday following a steep drop on Wall Street fuelled by renewed fears that Russia will soon invade Ukraine, adding to long-running angst about the Federal Reserve’s plans to hike interest rates. While tensions in Eastern Europe continue to absorb most of the attention, oil extended losses as traders grow increasingly optimistic of a deal on Iran’s nuclear programme that could see it restart crude exports. After a disappointing start to the year, investors are still to get their mojo back as they contend with a range of risk-off issues, including Russia-Ukraine, soaring inflation, imminent rate hikes, supply chain snarls and China’s COVID outbreaks. And analysts warned the uncertainty will likely last for some time. For now, eyes are on the Russia-Ukraine border after Joe Biden warned that Vladimir Putin’s forces could attack any time soon. There had been optimism the crisis had passed after Moscow said troops were withdrawing, but Western powers said there is no sign that is the case, while accusing it of preparing a “false flag operation” as a pretext for invasion.

FORT WORTH, Texas, Feb. 18, 2022 /PRNewswire/ -- Valor, an asset management and professional services company specializing in oil and gas mineral rights, has announced two key executive promotions. Effective immediately, Matt Autry has been promoted to president of their Oil and Gas…

© Reuters. A view shows a petrol nozzle refuelling a car at a petrol station in Viterbo, north of Rome, September 25, 2012. REUTERS/Giampiero Sposito (Reuters) – Pandemic restrictions in 2020 reduced the European Union’s oil and petroleum consumption in energy use to its lowest in 30 years, the bloc’s statistics office said on Friday. …

Prices are the highest since 2014, but top shale companies like Devon and Pioneer are choosing to grow slowly rather than drill more.

A prolonged fuel shortage in Nigeria, Africa’s top crude oil producer, has provoked growing frustration and many citizens are demanding government action

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Exhaustion of the up momentum in the crude oil followed by a false breakout might signal a looming correction.

TUNIS, Feb 18 (Reuters) - Tunisian Industry and Energy Minister Naila Nouira said on Friday electricity and fuel prices will be raised to reduce the the country''s energy-related deficit driven by high oil prices, a key demand by international…

The prices of crude oil decreased by nearly 2.5% on Friday on hints the tensions at the Russia-Ukraine border could de-escalate in the upcoming days. According to Ukrainian Defense Minister Oleksii Re…

SINGAPORE, Feb 18 (Reuters) - Middle East crude benchmark Dubai hovered near record levels on Friday while Oman and Murban eased from their peaks. More details emerged for Qatar Energy''s tender. Unipec bought all five cargoes offered by the…

I reckon the correction in oil here could run for quite a bit after having overseen eight straight weeks of gains. At the high this week, oil peaked at $95.79 on the back of Russia-Ukraine tensions but as the headlines in the past few sessions show promising signs of hope, we are seeing oil price

Oil falls 2% as Iran talks offset the Ukraine crisis Oil prices fell about 2% on Thursday as words to resurrect a nuclear deal with Iran entered the final stages, potentially releasing more crude supplies. Still, tensions between Russia, the world’s top energy exporter, and the West limit losses. “(The) oil market is caught in […] The post Oil falls 2% as Iran talks offset the Ukraine crisis appeared first on FinanceBrokerage .

SINGAPORE, Feb 18 (Reuters) - For spot crude tender news stories please click….. CRU-O/TEND-O For tenders on oil products please click: Naphtha...... NAP/TENDA Gasoline... MOG/TENDA Jet/Diesel... MDIS/TENDA Fuel Oil... FUEL/TENDA...