Proshares Ultra Bloomberg Crude Oil ETF News

Even if Moscow relents and sells oil for rupees to India, European insurers may be reluctant to underwrite; in any case a bigger Russian tilt would involve a larger financial switch by New Delhi

New Delhi: The White House unsuccessfully tried to arrange calls between President Biden and the de facto leaders of Saudi Arabia and the UAE as the US was working to build international support for Ukraine and contain a surge in oil prices, said Middle East and US officials, Wall Street Journal reported. Saudi Crown Prince … Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

While cause remains unconfirmed, green groups fear the three whales could be the ‘tip of iceberg’ with many more animals hurt Environmental groups have linked the beaching of three whales in Corfu to seismic testing for oil and gas in the waters off the Greek island. Two Cuvier’s beaked whales were found stranded at Arillas and Agios Gordios beaches on the west of the island on 20 February. A third beaked whale ran ashore on Agios Gordios beach the day after. Continue reading…

Unless the situation with Russia drastically changes, Japanese companies and consortia have decided keep their stakes in Sakhalin 1, Sakhalin 2 and Arctic LNG 2 …

Asia as a net importer is vulnerable to oil price spike due to Russia’s invasion of Ukraine. But with more than 40% global exports stemming from the region, rising prices will ripple globally.

Oil prices firmed on Wednesday over fears of a potential supply shock as the United States banned Russian oil imports, and amid signs that some buyers are already shunning them.

With gas prices breaking all-time record highs, President Joe Biden is announcing new sanctions on Russia. But how will the administration respond to the rising gas prices? Lawmakers from both parties support this Russian oil ban. We take a look at Congress’s latest action on Russia, including rethinking Russia’s access to the World Trade Organization. […]

Ukraine war: ''Today I am announcing the United States is targeting the main artery of Russia''s economy. We''re banning all imports of Russian oil and gas and energy,'' Biden said in remarks from the White House.

As President Biden announced a ban on Russian oil imports, Bay Area residents are particularly feeling the pinch in one of the most expensive metro regions in the country for gasoline with average prices topping $5.50, over $1.30 more per gallon than the national average.

Australians have been warned to expect a price jump on everyday items like food and groceries after the US and Uk announced a ban on Russian oil.

Multinational corporations are following the calls to boycott Russia, suspending their operations as the war in eastern Europe continues.

Coal is heading for a short-term comeback as Europe looks to cut its reliance on Russian gas and oil but the Ukraine crisis could hasten decarbonisation on the longer run, according to energy analysts.European Union leaders will meet in Versailles in France on Thursday and Friday to discuss their joint defence policy. They will also agree at the summit to phase out the EU’s dependence on imports of Russian gas, oil and coal, according to Reuters.But it is a tough task as the EU sources about 40…

The UK will phase out imports of Russian oil in response to Vladimir Putin’s illegal invasion of Ukraine by the end of the year.

Saudi Crown Prince Mohammed bin Salman and the UAE Sheikh Mohammed bin Zayed al Nahyan reportedly declined President Joe Biden''s attempted outreach about oil exports.

Track the global equity, currency & commodity markets here.