Proshares Ultra Bloomberg Crude Oil ETF News

RAC says the price rises are ''hurting'' households

Vladimir Putin and Joe Biden have agreed in principle to a summit in Europe. AFP via Getty Images Global stocks fell on Monday as tensions remained high over the Russian military buildup on Ukraines border, with officials in the West continuing to fear an imminent war in Eastern Europe. The pan-European Stoxx 600 index was []

Iran''s parliament has decided to raise its forecast for oil sales and price in the upcoming financial year that starts in March amid the inclusion of barter deals for its crude, semi-official news agency ISNA quoted a parliamentary official as saying on Feb. 20. Iran''s parliament forecast sales of 1.4 million b/d based on a $70/b price, up from the

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SINGAPORE: Japan''s Mitsubishi has made an unusual purchase of Vietnamese low-sulphur crude loading in April that will be supplied to Japanese power plants, trade sources said on Monday (Feb 21). The trading house purchased 300,000 barrels of Chim Sao crude from state oil marketer PV Oil at about US$7.50 a

The Anambra State Government has announced that it would begin earning a 13% derivation income in March, in accordance with the states status as an oil-producing state. This was disclosed by the Governor of the state, Mr Willie Obiano, at a parley with journalists in Anambra over the weekend. He said that he was notified [] The post Anambra set to receive first 13% derivation from crude oil income appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

Saudi Aramcos shares rose to a record as its chief executive officer said oil demand continues to rebound from the coronavirus pandemic, including in the companys main market of Asia.

SINGAPORE, Feb 21 (Reuters) - For spot crude tender news stories please click.. CRU-O/TEND-O For tenders on oil products please click: Naphtha...... NAP/TENDA Gasoline... MOG/TENDA Jet/Diesel... MDIS/TENDA Fuel Oil... FUEL/TENDA...

ASX investors gained hope and the oil price eased after news US and Russian leaders will meet to try and resolve the Ukraine standoff.

The Federal Government announced on Sunday that the scarcity of Premium Motor Spirit, widely called petrol, which has stayed for about two weeks, is not due to the absence of products but inspection failure. This came as the Minister of State for Petroleum Resources, Chief Timipre Sylva, expressed regrets over the importation of contaminated petrol into Nigeria and its attendant adverse impact nationwide. In a statement issued in Abuja by his Senior Adviser, Media and Communications, Horatius Egua, the minister said inspection failure caused the scarcity of petrol in Nigeria, as he sympathised with Nigerians on behalf of the Federal Government. Continue reading Inspection Failure Caused Mixt Fuel Imports FG at BizWatchNigeria.Ng.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has hinted that petrol price in the coming weeks may hit or exceed N180 per litre. Disclosing this development, the National Public Relations Officer, IPMAN, Chief Ukadike Chinedu said already some filling stations in and outside Abuja and Lagos, have commenced selling their petrol for N180 per litre due to hike in the commoditys ex-depot price by private depot owners. Confirming that most private depot owners recently raised the cost of petrol from the approved N142-N145 per litre price to between N162-N170 per litre, Chinedu explained that the Nigerian National Petroleum Corporations (NNPC) ineptitude to supply its inland depots had warranted the high cost of products at private tank farms. Continue reading Petrol Price To Hit N180 Per Litre, Says Oil Marketers at BizWatchNigeria.Ng.

February 21, 2022 2:31 PM LONDON (BLOOMBERG) - The shipping industry is starting to feel the full force of surging diesel and petrol costs.

Ongoing Russia-Ukraine conflict, rising crude oil prices and relentless selling by foreign portfolio investors (FPIs) continued to put pressure on domestic shares.

(The opinions expressed here are those of the author, a columnist for Reuters.) By Clyde Russell LAUNCESTON, Australia, Feb 21 (Reuters) - The warning signals are starting to flash for the profit margins of oil refiners in Asia with high crude prices

The lack of investment in oil and gas has led to higher energy prices in recent times