Proshares Ultra Bloomberg Crude Oil ETF News

This week''s DOE inventory update showed a larger than expected 4.3mb draw in oil and oil products (USO).TSA checkpoint numbers pointed to a ~15% increase in traffic week on…

Before Alberta Premier Jason Kenney could unveil his latest budget on Thursday afternoon, much of the document came across as out of date by weeks, if not months. On the same day that Russia invaded Ukraine, which further fuelled sky-high oil prices, Alberta’s budget described “fading geopolitical risks” around the globe. It couldn’t be further from […] Alberta’s budget appears to be at odds with what’s happening in the world | CBC News

"The current situation is already getting reflected in higher oil and gas prices, leading to an increased cost of energy. Moreover, commodity and raw ..

People are still being urged not to panic buy petrol, and there are no current shortages

Players say another round of price hike is immenient as crude, commodity prices are seen flaring up

Amid a general unwillingness of tanker owners to send their vessels to Russian ports, the freight rates for a medium-sized tanker to load Russian crude jumped nearly threefold on Thursday from Wednesday, shipbrokers and traders told Bloomberg. The freight rate to hire an Aframax tanker on the Baltic Sea to Europe route surged after Russia invaded Ukraine, while owners of oil tankers had already started to avoid Russian ports because of both the military invasion of Ukraine and apprehension that sanctions for oil could also come soon. As…

(Adds details, background) TUNIS, Feb 25 (Reuters) - Sharply rising oil prices will have "major effects on public finances" and Tunisia is heading towards raising domestic fuel prices again within days, a Tunisian government official told Reuters on…

The U.S. has sought co-operation from China to bolster the impact of a co-ordinated release of strategic oil stocks from major consumers to dampen the surge in prices

KARACHI: The rupee fell for the second straight day against the dollar on Friday as Russian attacks on Ukraine intensified. The rupee fell 72 paisas against the dollar to close at Rs177.11 from previous day’s closing of Rs176.39 in the interbank foreign exchange market. The Russian invasion of its neighbouring country escalated the oil prices […] The post Rupee falls for second straight day against dollar appeared first on BOL News .

(Bloomberg) -- Oil extended its retreat from a seven-year high, slipping back below $100 a barrel in London, as Russia’s invasion of Ukraine forced traders to grapple with a fluid market environment.Most Read from BloombergTaiwan to Join in U.S.-Led Sanctions on Russia: Ukraine UpdateRussia Invasion of Ukraine Ignites European Security CrisisRussia Hits Airfields; Kyiv Imposes Martial Law: Ukraine UpdateStocks Rise as Oil Pares Gain After Biden Address: Markets WrapThe $200 Billion Club Loses La

The Alberta government says the province''s economy is shifting away from heavy reliance on oil and gas revenues. But some experts say they shouldn''t get the credit.

Southeast Asia, which has long called for big nations to respect international law, now seems largely silent. Oil and the South China Sea partly explain why.

The projection of a razor-thin surplus in the budget unveiled by Alberta on Thursday is built on conservative forecasts for oil prices, and that was before Russia began its invasion of Ukraine

The West could devastate Putin’s bottom line by replacing Russian oil and gas, while demonstrations at home show Russians may be willing to brave his wrath on the issue

Reno Omokri, a socio-political activist, on Friday said Nigeria and Africa would benefit from the ongoing war between Russia and Ukraine. Omokri said Nigeria would reap a fortunate due to the fight between Russia and Ukraine. He disclosed that Nigeria would benefit from the rising oil price due to the war between both countries. In […] Russia vs Ukraine: Omokri discloses ‘fortune’ Nigeria will gain from war