Proshares Ultra Bloomberg Crude Oil ETF News

The surge in the price of crude oil and shale producers in the United States of America are creating fresh concerns for the Federal Government. The post Shale oil production by U.S., others worries Nigeria appeared first on The Guardian Nigeria News - Nigeria and World News .

The ongoing tussle between Russia and Ukraine may cast its shadow on Indian housing prices. Real estate developers have expressed concerns over likely upward pressure…

On Thursday, worries about the invasion lifted oil prices past $100 a barrel for the first time since 2014

LONDON, United Kingdom – Iraq has halted over a tenth of its oil output due to maintenance and protests, in a further blow to the already tight global supply at a time of rising demand and soaring prices . Iraq has temporarily shut down its southern 400,000-barrel-a-day West Qurna 2 oil field until March 2 to 10, two state oil officials with knowledge of the field’s operations said on Friday, February 25. One official said the maintenance included work on new wells and the linking of new pipelines, and added that Iraq would make up for the shortfall in production. He spoke on condition of anonymity because he was not allowed to give statements to the media. West Qurna 2 is operated by Russia’s Lukoil. Iraq has also halted a further 80,000 barrels per day (bpd) of oil production and exports from its Nassiriya oil field due to worker safety concerns, Iraq’s state-owned Dhi Qar Oil Company said on Friday. University graduates have engaged in violent protests in the southern Dhi Qar province in recent days to demand jobs.

SACRAMENTO, Calif. (AP) — Multiple California emergencies declared by the last two governors officially ended on Friday — including for heat waves, an oil spill, wildfires and the civil unrest in reaction to George Floyd''s murder — but Gov. Gavin Newsom said the threat from the coronavirus lives on and so does the emergency he declared for it nearly two years ago. In all, Newsom signed an order ending 12 state of emergency declarations, which automatically terminate any associated executive orders relating to those events. But he offered no timeline for ending the statewide coronavirus emergency, meaning he will continue to wield broad authority to change or suspend state laws in response to the pandemic. Newsom has used that authority to issue 561 orders since the pandemic began. Some were relatively small, like delaying deadlines for filing taxes or renewing driver’s licenses. Others were big, like issuing a statewide stay-at-home order that put millions of people out of work. Newsom began lifting many of those orders last summer, when he declared the state had “reopened” following a decline in new cases and hospitalizations.

The ongoing Ukraine-Russia conflict has caused commodity prices across the globe to soar to record-highs amid concerns of supply disruption. Crude surged to $105 a…

The writer is a former member of the Energy Planning Commission and author of ‘Pakistan’s Energy Issues: Success and Challenges’.The prices of petroleum products have increased once again in the wake of a hike in international oil prices. The PTI-led government has charged only…

Clean freight rate loading on the US Gulf Coast to the Caribbean reached the highest level in 2022 Feb. 25, as traders rushed to fill a high-demand spot market after waiting out a tricky month roll that favored short-haul trips to ballast ships back to the Gulf Coast quickly for fresh cargo. Freight rates loading on the USGC en route…

Here are the top BS Opinion articles of the day

KARACHI: Rupee dropped to its lowest in a month on Friday as balance of payments pressures due to widening current account deficit, dwindling forex reserves, and Russia-Ukraine conflict sending oil prices higher, clouded currency outlook, analysts said.The rupee closed at 177.11 per dollar, the…

Our goal should be to drive the Russian economy into recession for the rest of Putin''s presidency if need be.

https://www.investing.com/news/economy/stocks-rally-oil-dips-as-investors-digest-sanctions-on-russia-2772916

Stocks rally, oil dips as investors digest sanctions on Russia

With crude oil prices rising steadily, what are experts forecasting? Here''s what investors need to know about recent oil price predictions.

HOUSTON (ICIS)--The number of operating oil and natural gas drilling rigs in the US rose this week as geopolitical tensions and supply worries continue to keep upward pressure on energy markets. US…