NYSEARCA:UCO

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$46.24
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At Close: Jun 04, 2026

Oil Explodes Towards Record High As War Deepens

10:09pm, Tuesday, 08'th Mar 2022 Investor Daily Updates
Crude Oil Technical Forecast: WTI Weekly Trade Levels Crude Oil updated technical trade levels – Weekly Chart WTI rips through uptrend resistance as Russia’s war on Ukraine rages- record highs in view New to Oil Trading? Get started with this Free How to Trade Oil-Beginners Guide Oil prices surged more than 71% year-to-date as Russia’s […] The post Oil Explodes Towards Record High As War Deepens first appeared on Forex Trader Hub .
Also in the news today, Leslyn Lewis has become the second candidate to join the federal Conservative leadership race
By Arathy Somasekhar HOUSTON (Reuters) – U.S. shale producers are unlikely to replace banned Russian oil imports due to a shortage of oilfield materials, equipment and labor and a dwindling backlog of wells waiting to be completed, energy executives and analysts said on Tuesday.

U.S. shale shortages to limit efforts to replace banned Russian oil

10:06pm, Tuesday, 08'th Mar 2022 Investing.com
https://www.investing.com/news/commodities-news/us-shale-shortages-to-limit-efforts-to-replace-banned-russian-oil-2780665
United States API Weekly Crude Oil Stock up to 2.811M in March 4 from previous -6.1M

Shell to stop buying Russian oil, issues apology

10:01pm, Tuesday, 08'th Mar 2022 E-Business Weekly
news24.com Shell on Tuesday apologised for buying Russian crude oil last week and said it would withdraw completely from any involvement in Russian hydrocarbons over the country’s invasion of Ukraine. “We are acutely aware that our decision last week to purchase a cargo of Russian crude oil … was not the right one and we […]

79 percent of Americans back Russian oil ban: poll

10:01pm, Tuesday, 08'th Mar 2022 The Hill
Seventy-nine percent of Americans support a ban on Russian oil imports even if it drives up gas prices in the U.S., according to a new poll.The survey, conducted by The Wall Street Journal, found that only 13 percent of registered voters polled…
Tsakos Energy Navigation (TNP) announced a 24-month extension to the charter of 2 Panamax tankers with the existing charterer, a South American oil concern.The employment, at an…

Mexico Subsidizes Gasoline, Diesel With Additional Oil Revenue

09:33pm, Tuesday, 08'th Mar 2022 MarketWatch
Mexico Subsidizes Gasoline, Diesel With Additional Oil Revenue MarketWatch
The global economy could be facing one of the largest energy supply shocks ever, oil experts warn.

Ukraine conflict: UK to stop Russian oil imports by end of 2022

09:30pm, Tuesday, 08'th Mar 2022 The Print India
London [UK], March 9 (ANI): The UK will phase out imports of Russian oil in response to Russia’s invasion of Ukraine by the end of the year, the UK Business Secretary Kwasi Kwarteng confirmed on Tuesday. The UK energy department said that the phasing out of imports will not be immediate and will allow enough […]
Business Secretary Kwasi Kwarteng announced on Tuesday that UK will phase out the import of Russian oil and oil products by the end of the year.
President Joe Biden on Tuesday imposed an immediate ban on Russian oil and other energy imports in retaliation for the invasion of Ukraine, amid strong support from American voters and… Read more » The post Biden Bans Russia Oil Imports, Warns Gasoline to Rise Further appeared first on Hamodia . In related news: Obama: New U.S. Troops in Syria Will Be Essential Ethiopia’s Tedros Wins WHO Race, First African to Get Top Job China Cuts Some Tariffs, But Does Not Address U.S. Complaints Don’t Try Our Patience, N. Korea Tells U.S. Prince Philip, Husband of Queen Elizabeth II, Dies at 99

Why Renewable Energy Stocks Jumped on Tuesday

09:25pm, Tuesday, 08'th Mar 2022 The Motley Fool
Oil must be (some of) the answer.

The impact of a Russian oil ban on Americans | ABCNL

09:20pm, Tuesday, 08'th Mar 2022 The Global Herald
ABC News published this video item, entitled "The impact of a Russian oil ban on Americans | ABCNL" - below is their description.
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