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At Close: Jun 03, 2026

Crude check: Uptrend intact

04:43pm, Saturday, 12'th Feb 2022 The Hindu BusinessLine
MCX Futures likely to rally past 7,000

Ukraine attack anytime; Americans told to leave

04:05pm, Saturday, 12'th Feb 2022 The Manila Times
WASHINGTON, D. C.: The United States dramatically raised the alarm Friday (Saturday in Manila) over Ukraine, warning that a Russian invasion starting with civilians caught under aerial bombing could begin in days and telling US citizens to leave within 48 hours. An attack by the more than 100,000 Russian troops currently massed next to Ukraine "could occur any day now," White House National Security Advisor Jake Sullivan told reporters in Washington. Dismissing speculation that the Kremlin would never trigger the crisis while the Beijing Olympics were still underway in close Russian ally China, Sullivan said such an attack "could occur" before the Games end on February 20. The scenario of an imminent attack is "a very, very distinct possibility," Sullivan said. While stressing that it was not yet known whether President Vladimir Putin had taken a decision, saying "we can''t predict the exact determination," Sullivan made clear that the United States was bracing for the worst, including a "rapid assault" on the capital Kyiv. "If a Russian attack on Ukraine proceeds, it is likely to begin with aerial bombing and missile attacks that could obviously kill civilians," he said. "Any American in Ukraine should leave as soon as possible, and in any event in the next 24 to 48 hours." Sullivan spoke shortly after President Joe Biden and six European leaders, the heads of NATO and the European Union held talks on the worst crisis between the West and Russia since the end of the Cold War.

How Long Will High Oil Prices Last?

04:00pm, Saturday, 12'th Feb 2022 OilPrice com
The price of West Texas Intermediate (WTI) opened 2022 at about $75 a barrel (bbl). Last week, the price rose above $90/bbl for the first time since 2014. That was also the last year the price of WTI was above $100/bbl. To recap, in the first half of 2014, oil prices spent most of the time bouncing between $100/bbl and $105/bbl. But the shale boom had put millions of new barrels of oil into the markets over the course of several years, and by mid-2014 the market was approaching an over-supply situation. The price of oil started to decline, but

3 Top Oil Stocks to Buy in February

03:03pm, Saturday, 12'th Feb 2022 The Motley Fool
These three oil and gas stocks all look incredibly enticing at today''s prices.
Jill Halliburton Su, a member of the Halliburton oil dynasty, was stabbed to death in her luxe Davie, Fla., home in 2014. Dayonte Resiles is now facing a second murder trial in connection with the case.
Last week, rival oil giant Shell also reported profits of $19bn on the same day that the energy regulator Ofgem announced UK householders would see a 54 percent rise in their domestic energy bills in April. CEO, Dutchman Ben van Beurden, 63, saw the value of his shares in the oil and gas giant rise [] Diesel prices hit record high of more than £1.51 per litre for first time in history

Russia Could Invade Ukraine Any Day, US Warns

12:18pm, Saturday, 12'th Feb 2022 The Bridge News
Russian President Vladimir Putin is set to speak with his US and French counterparts on Saturday after the United States warned that Moscow could invade Ukraine in days. The United States had dramatically raised the alarm over Ukraine on Friday, saying a Russian invasion starting with civilians caught under aerial bombing could begin in days and telling US citizens to leave within 48 hours. In a diplomatic flurry to head off a possible invasion, Putin will speak with Joe Biden and Emmanuel Macron on Saturday. US Secretary of State Antony Blinken said he will also speak to Russian counterpart Sergei Lavrov the same day, terming this a pivotal moment in the crisis and that his government was prepared for whatever should happen. We continue to see very troubling signs of Russian escalation, including new forces arriving around Ukraines borders, Blinken said at a press conference in Fiji. If Russia is genuinely interested in resolving this crisis of its own making through diplomacy and dialogue, were prepared to do that, he said.

Oil Jumps 3% as US Awaits Russian Invasion of Ukraine

10:51am, Saturday, 12'th Feb 2022 BusinessPost Nigeria
By Adedapo Adesanya Oil prices closed higher on Friday, moving closer to $95 per barrel on news that officials of the United States believe Russia is close to invading Ukraine. Such a move could spur sanctions against Russian exports of oil and gas, causing supply to fall and prices to rise. As a result, the []

This Is The Most Expensive State To Drive In

02:33pm, Saturday, 05'th Feb 2022 24/7 Wall street
Driving has become much more expensive recently at least compared to the last several years. The average price of a regular gallon of gas nationwide is $3.44, up from $2.46 a year ago. In two states–California and Hawaii–the price is above $4.00. As the price of oil surges toward $100, the price of gas will […]
Oil and gas was the stock market''s standout sector performer again this week, with the top energy ETF (XLE) +5%, as a severe winter storm in Texas added to a host of global supply

Strong Jobs Report Stokes Inflation Fears

10:18pm, Friday, 04'th Feb 2022 Barron''s
January payroll gains and wage growth point to economic vigor but fuel further inflation concerns. Plus, market newsletter commentary on higher oil prices, small-caps allure, high-quality stocks, and the yield curves message.
While everyone is criticizing Russia, it’s easy to follow the US ‘savior’ narrative. However, what if we looked at what’s happening with oil in mind?

U.S. Gasoline Prices Soar To 2014 High

05:00pm, Friday, 04'th Feb 2022 OilPrice com
As international crude oil prices rally to above $92 per barrel, U.S. gasoline prices continue to surge and hit the highest since September 2014 on Friday, when the national average price of a gallon of regular gasoline was $3.423, AAA data showed. Gasoline prices in America continued to rise for a sixth straight week, after last week the national average was $3.366 a gallon on January 31. On February 4, the average price in every state in the United States was above $3 per gallon, including in Texas, Mississippi, Arkansas, and Alabama, which traditionally
The growth of the economy post-COVID-19 is a vital policy focus for the government and policy planners. Diversifying the economy from oil and gas to other sectors can drive sustainable growth, increase revenue sources and create job opportunities for youths have been the top agenda for successive governments in Nigeria. The unique and multi-cultural structure []
WTI oil price surged through round-figure $90 resistance and hit new seven-year high above $92 per barrel on Friday. Geopolitical tensions over Ukraine and a winter storm in the United States fueled concerns about supply disruptions and continue to inflate oil prices for the seventh consecutive week, when the price advanced over $20 or nearly [] The post WTI Oil Rally for the Seventh Straight Week on Geopolitical Tensions and Supply Fears appeared first on Action Forex .
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