Proshares Ultra Bloomberg Crude Oil ETF News

Rep. Brad Sherman (D-CA), who boasted of his push to ban domestic oil and gas drilling in 2019, suffered a major backlash online after he called upon the government of Saudi Arabia to supply “more oil” or be held accountable for the deaths of Ukrainians.

US sanctions are targeting Russian elites with close ties to Vladimir Putin, including the CEOs of Russia''s largest oil and diamond mining companies.

A steep surge in crude oil prices would impact household budgets. In India, crude oil-related products have a share of close to 10% in the Wholesale Price Index basket, and oil price impacts everything from manufacturing home care products to packaging and distribution.

The accommodative RBI policy, combined with fiscal stimulus and (further) increase in energy commodities, particularly oil, increases the odds of high inflation, say Lambregts and Eijkelenburg

CAMARILLO, Calif. — The average U.S. price of a gallon of regular-grade gasoline spiked 10 cents over the past two weeks to $3.64 per gallon (3.8 liters). Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price jump came after a rise in crude oil costs amid …

The creditworthiness of Indian companies is under scanner, as local ratings firms are assessing the fallout of the Ukraine-Russia conflict and the resultant global economic sanctions on Moscow.If the geopolitical tension escalates and sustains further, companies could well face rating or outlook revisions, said three ratings companies ET spoke with.ICRA, CARE and India Ratings are now busy analysing sector-wise cause and effect. Defence, tea exports, steel, coal, pharmaceuticals, fertiliser, oil and gas are some of those local sectors that will likely face ramifications. Individual rating revisions may be the next step amid evolving scenarios.“The Ukraine war followed by economic sanctions on Russia will have repercussions on Indian companies,” said K Ravichandran, chief ratings officer at ICRA.“We are looking into it going sector wise. Initial analysis suggests companies in sectors like oil & gas, fertilisers, tea exports, pharmaceuticals and defence would bear the brunt the most,” he said. “We would revisit individual rating grades based on our assessment amid evolving geo-political tension.”However, it is not necessary that every such sector would be impacted negatively.For example, the indigenous steel sector could well become a beneficiary.

Crude bombs hurled, EVMs attacked and candidates and agents of Opposition parties driven out of polling booths

A report by the United Nations High Commission for Refugees (UNHCR) on Sunday, stated that so far, about 368,000 people have fled Ukraine into neighboring countries, as the number of refugees continues to rise by the day following the invasion of the country by Russia on Thursday. “The current total is now 368,000 and continues to rise,” the UNHCR said in a tweet, adding, that the new figure was based on “data made available by national authorities.” The UN Agency equally noted that between Friday and Saturday, 200,000 people had already crossed Ukraine’s borders as refugees. “On Saturday, the figure had been about 150,000 people, said Filippo Grandi, UN High Commissioner for Refugees said while corroborating the report. READ ALSO: Russia-Ukraine crisis: Missile strikes oil facilities in Vasylkiv “Women and children were leaving Ukraine in their thousands to become refugees, after crossing the Slovak-Ukrainian border in Ubla, eastern Slovakia,” Grandi said. “A large number of those escaping to neighbouring countries have crossed over into Poland, where the authorities have counted some 156,000 crossing since the invasion started early Thursday. “Border guards counted some 77,300 arrivals from Ukraine on Saturday alone.

White House Press Secretary Jen Psaki on Sunday said calls for the U.S. to boost its own fossil fuel production in response to Russia''s invasion of Ukraine, which has increased oil prices further, were a "misdiagnosis."…

FOX Business host Larry Kudlow weighs in on Russian banks being removed from SWIFT and the oil markets on ''Fox & Friends Weekend.''

After the partial cut in Nov 2021, central excise rates on petrol and diesel presently stand at ₹27.9 per litre and ₹21.8 per litre, respectively higher than pre-pandemic period of July 2019- March 2020 by ₹8 per litre and ₹6 per litre, respectively

Mumbai: Global trends surrounding the evolving Russia-Ukraine crisis as well as key domestic macro-economic data points will set the course for the Indian equity market’s trajectory in the coming week. Besides, investors will watch out for fluctuations in crude oil prices and currency movements. These global trends are also expected to influence the direction of … 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 .

A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel, analysts say

Following Russia''s invasion of Ukraine, Biden defended his decision to preserve access to Russian energy in order "to limit the pain the American people are feeling at the gas pump.

For a long time, Tories have been happy to take Russian money and attack the democratic values they now claim to hold dear The story Boris Johnson and his colleagues now tell us about Vladimir Putin and his regime is simple enough. The Russian president, Johnson says , is “a bloodstained aggressor who believes in imperial conquest”; he has violated “every principle of civilised behaviour between states”. What is happening in Ukraine, moreover, reminds us of the cruel, amoral way that Putin governs his own country, and its contrast with the ideas that unite the west. The world, it is said, is once again polarising between dictatorship and freedom – and in cooperation with its allies, the government has proudly entered what one Tory MP recently described as a global “ battle for democracy ”. Johnson, indeed, sees himself as leading the charge, repeating the mantra that “ Putin must fail ”, and claiming that Britain is “ out in front ”. All this might seem welcome, but it is also rather absurd.