Proshares Ultra Bloomberg Crude Oil ETF News

Malaysian palm oil futures scaled an all-time high on Tuesday, extending gains to a fourth session, as threats of a Russia- Ukraine war lifted crude prices and boosted the appeal of the tropical oil as a more attractive biodiesel feedstock option. The benchmark palm oil contract FCPOc3 for May delivery on the Bursa Malaysia Derivatives []

The domestic currency has ended its 5-day winning run as equities declined

The spectre of war on Europe''s eastern flank flares as Putin order troops into Ukraine

MALACAÑANG sees no indication at present that Congress will be able to tackle new legislation to reduce fuel

MOSCOW (Reuters) Russias Energy Minister considers the oil price of between $55-70 a barrel as optimal for the market, according to an interview published on Tuesday.

ANALYSIS: Price of oil, wheat and aluminium rise and share futures fall, but markets appear to be hesitant over pricing-in significant sanctions.

LONDON : Efforts by governments to drive an economic rebound are likely to add strain to tight oil supplies and could send prices to fresh peaks, unless international talks end sanctions on Tehran and lead to a surge in Iranian exports.Nervousness of possible disruption of exports from major oil producer

Brent crude LCOc1 futures rose $2.10, or 2.2%, to $97.49 a barrel at 0132 GMT, adding to a 2% gain on Monday. Earlier on Tuesday it hit $97.66, its highest since Sept. 2014.

https://www.investing.com/news/commodities-news/oil-mixed-as-tensions-over-ukraine-grows-2768719

https://www.investing.com/news/stock-market-news/asian-stocks-down-oil-soars-over-ukraine-tensions-2768717

Since the last meeting in November, developments in the labour market and inflation have surprised to the upside. Inflation at 5.9% is almost twice the top of the RBNZs 1-3% target band and is yet to peak with high oil prices and a soft currency translating into $3/litre petrol prices in some parts of the [] The post RBNZ to Hike by 25bp Tomorrow Prompting Mean Reversion in AUDNZD appeared first on Action Forex .

Asian Stocks Down, Oil Soars Over Ukraine Tensions

Oil jumped to a seven-year high, safe-havens rallied and US stock futures dived on Tuesday after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine.

In a stock exchange filing, the firm said it has notified the government and the Directorate General of Hydrocarbons (DGH) of the discovery in exploratory well WM-Basal DD Fan-1 drilled in OALP Block RJ-ONHP-2017/1.

U.S. and European officials condemned the moves, but a Biden administration official said Russia''s military action did not as yet constitute an invasion that would trigger a broader sanctions package.