Proshares K-1 Free Crude Oil Strategy Etf ETF News

Putin''s recognition of two breakaway regions in Ukraine raises the risk of obstructions to Russian oil and gas shipments.

Stock futures pressured as Russian tanks rolls into Ukraine; Week Ahead: Retail earnings, consumer confidence in focus; oil prices surge as U.S. threatens sanctions; Trump''s ''Truth Social'' app has bumpy Apple store debut and Elon Musk steps-up attack on SEC-Tesla probe.

The RT200 FX programme by the Central Bank of Nigeria (CBN) can achieve its aim if deliberate efforts are made to follow it through, experts are saying. The experts made the suggestions Tuesday in separate interviews with the News Agency of Nigeria (NAN) in Lagos. Akpan Ekpo, a professor of economics and public policy at the University of Uyo, Akwa Ibom, said the programme would shore up foreign exchange in the short and medium-term. However, he said for this to happen, in order not to allow the foreign exchange to determine economic activities, the structure of the economy must change in favour of production so that non-oil goods and services would be produced in the economy and exported to earn foreign exchange for the country. It is when the economy is diversified and non-oil goods and services are produced domestically and exported to earn foreign exchange, then foreign exchange would not be a challenge, he said. Sheriffdeen Tella, professor of economics at the Olabisi Onabanjo University, Ago-Iwoye, Ogun State, said RT200 FX programme was good as it might make some exporters give it a trial with fractions of what they had in their foreign account.

(The opinions expressed here are those of the author, a columnist for Reuters.) By Clyde Russell LAUNCESTON, Australia, Feb 21 (Reuters) - The warning signals are starting to flash for the profit margins of oil refiners in Asia with high crude prices

On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol and diesel by Rs 5 and Rs 10 respectively

SYDNEY: Australia''s largest energy firm and biggest carbon emitter AGL on Monday rejected a takeover bid from green-minded tech billionaire Mike Cannon Brookes, who planned to shutter the firm''s coal-fired power plants. Atlassian co-founder Cannon Brookes had teamed up with Brookfield Asset Management to offer US$5.8 billion for the electricity production and distribution firm with a view to shutting major coal power plants 15 years early. Cannon Brookes has long been vocal in his criticism of the Australian government''s pro-coal policies and the energy industry''s lack of ambitious climate goals. The bid would have seen AGL move much more rapidly to decarbonisation, including by shutting coal power plants by 2030 -- rather than 2045 as currently planned. Oil slips on Ukraine summit plan, prospect of Iran nuclear deal But AGL''s board decided the unsolicited offer, which priced the firm at 4.7 percent more than Friday''s closing stock price of AUS$7.16, undervalued the company and was "not in the best interests" of shareholders.

Industrial and agricultural revolutions have always been at the centre of most agro-economic policies of the government with the objectives of diversifying the base of the economy using crude oil as a springboard. The post Relaunching Nigerias agric revolution with AfDBs agro-industrial processing zones appeared first on The Guardian Nigeria News - Nigeria and World News .

Oil''s climb towards $100/b may prompt Indian refiners to diversify their crude import basket as fears grow that a Russia-Ukraine conflict could disrupt flows and squeeze supplies in a market that is already feeling the pinch due to lower availability, the head of the Federation of Indian Petroleum Industry told S&P Global Platts. As geopolitical tensions rise, leading oil importers

And Big Oil is on course for near-record $38bn in share buybacks on top of estimated $50bn of dividends.

Reuters have all the legal details if you are interested.The point is Biden wants more oil pumped and yet events such as this is confounding his desire. The fallback position has been to implore OPEC+ to increase output. Which OPEC has responded to with no warmth whatsoever. Even if they were so inc

The US stock market, already on edge from a hawkish Federal Reserve and tensions in Ukraine, has another worry: higher oil prices.

Oils relentless march toward triple figures has already prompted political action from incumbents. India cut retail taxes on gasoline and diesel in November and theres been an unofficial freeze on prices since.

Cost headwinds come amid improved Q3 showing, rising yields

Bloomberg Quicktake: Now published this video item, entitled "Peru''s Beaches Still Contaminated One Month After Oil Spill" - below is their description.