NYSEARCA:UCO

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$46.24
-1.89 (-3.93%)
At Close: Jun 04, 2026

Saudi Arabia keeps lid on oiloutput as U.S. gas prices rise

12:12pm, Friday, 18'th Feb 2022 BusinessMirror
DUBAI, United Arab Emirates—Saudi Arabia is signaling it isn’t willing to pump more oil and won’t push for…
By Jonathan Saul LONDON, Feb 18 (Reuters) - UK-based maritime company Fleetscape is investigating the possible transfer of Iranian oil to a tanker it finances, the Oaktree Capital Management-backed firm said after allegations by a U.S. advocacy group….

UAE stock markets ease as oil prices extend losses

12:04pm, Friday, 18'th Feb 2022 Reuters
Stock markets in the United Arab Emirates fell on Friday, tracking falling oil prices as the prospect of increased Iranian oil exports eclipsed potential supply disruption fears arising from the Russia-Ukraine crisis.

Oil slides as the US nears nuclear accord with Iran

11:59am, Friday, 18'th Feb 2022 London Loves Business
Reports of the US and Iran nearing a new nuclear deal couldn’t have come at a better time and oil prices are slipping at the prospect of more than a… The post Oil slides as the US nears nuclear accord with Iran appeared first on London Business News | Londonlovesbusiness.com .

WTI below $90 on hints of Ukraine tensions easing

10:36am, Friday, 18'th Feb 2022 Breaking the News 24/7
The prices of crude oil decreased by nearly 2.5% on Friday on hints the tensions at the Russia-Ukraine border could de-escalate in the upcoming days. According to Ukrainian Defense Minister Oleksii Re…

Middle East Crude-Benchmarks ease from record levels

10:29am, Friday, 18'th Feb 2022 Zawya
SINGAPORE, Feb 18 (Reuters) - Middle East crude benchmark Dubai hovered near record levels on Friday while Oman and Murban eased from their peaks. More details emerged for Qatar Energy''s tender. Unipec bought all five cargoes offered by the…
I reckon the correction in oil here could run for quite a bit after having overseen eight straight weeks of gains. At the high this week, oil peaked at $95.79 on the back of Russia-Ukraine tensions but as the headlines in the past few sessions show promising signs of hope, we are seeing oil price

Oil falls 2% as Iran talks offset the Ukraine crisis

10:14am, Friday, 18'th Feb 2022 Finance Brokerage
Oil falls 2% as Iran talks offset the Ukraine crisis Oil prices fell about 2% on Thursday as words to resurrect a nuclear deal with Iran entered the final stages, potentially releasing more crude supplies. Still, tensions between Russia, the world’s top energy exporter, and the West limit losses. “(The) oil market is caught in […] The post Oil falls 2% as Iran talks offset the Ukraine crisis appeared first on FinanceBrokerage .
SINGAPORE, Feb 18 (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...
A U.S.-Iranian deal taking shape to revive Iran‘s 2015 nuclear agreement with world powers lays out phases of mutual steps to bring both sides back into full compliance, and the… Read more » The post Diplomats: Iran Nuclear Deal Draft Puts Prisoners, Enrichment, Cash First, Oil Comes Later appeared first on Hamodia . In related news: Japan Condemns IS Execution Cameron Talks Through Night in Brussels; EU Digs in Heels Dutch Police Detain Driver of Spanish Van Near Cancelled Concert Toronto Van Attack Suspect Faces Murder Charges in Court British-Iranian Aid Worker Appears in Iran Court for Propaganda Trial

Shares firmer on investor hopes for Ukraine talks

09:35am, Friday, 18'th Feb 2022 The Irish Times
Oil headed for weekly fall on prospect of extra supply from Iran returning to market

Pakistan opposition parties slam govt over fuel hike

08:55am, Friday, 18'th Feb 2022 Capital FM Kenya
Pakistan Opposition parties have slammed the Imran Khan-led Pakistan Tehreek-e-Insaf (PTI) government over the increase in petroleum prices and demanded it reverse the decision, local media reported. The ruling government on Tuesday increased the price of petrol in the country by Rs 12.03 per litre, taking its price to a record level of Rs 159.86 […]
The leadership of the Nigeria Union of Petroleum and Natural Gas Workers, and road transport owners have shelved the planned strike action, following their engagement with Nigerian Midstream and Downstream Petroleum Regulatory Authority and the Nigerian National Petroleum Company limited on Thursday. The leadership of the NNPC, at the meeting, resolved to provide updates on […]
Roadshows now on with an aim to reach out to at least 200 global and domestic institutional investors and sovereign wealth funds
Pune, India, Feb. 17, 2022 (GLOBE NEWSWIRE) -- The global diesel generator market size is forecasted to reach USD 23.77 billion by 2028, growing at a 5.5% CAGR during the forecast period. The soaring energy demands and the swiftly developing industrial infrastructure are anticipated to be the key factors driving the market growth. Fortune Business Insights TM has presented this information in its report titled "Diesel Generator Market, 2021-2028". The market size stood at USD 15.59 billion in 2020 and USD 16.35 billion in 2021. Additionally, the key players operating in the market emphasize product advancements. They focus on developing and launching new products that can withstand harsh atmospheres effectively. The new product advancements are likely to bolster the market growth in the coming years. COVID-19 Impact- Slowdown in Industrial Operations to Hamper Market Development The sudden emergence of the COVID-19 pandemic resulted in stagnated industrial processes globally. The shutdowns of industrial operations during the lockdowns and curfews implemented by the governments of several nations have affected the market growth.
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