Proshares Ultra Bloomberg Crude Oil ETF News

Partners at the prolific ExxonMobil-operated Stabroek Block offshore Guyana have begun production from their Liza Phase 2 development, using a second FPSO vessel called Liza Unity, ExxonMobil and Hess Corp. said separately Feb. 11. No information was immediately available on the initial volume of barrels produced. The Liza Unity, moored in water depths of around 1,650 meters, is expected to…

A Russian invasion of Ukraine could spur sanctions against Moscow''s exports of oil and gas, causing supply to fall and prices to rise.

(Bloomberg) -- Oil options costs skyrocketed along with futures prices as tensions between Russia and Ukraine ratcheted up.

Chief Investment Officer of the California State Teachers Retirement System "CalSTRS" spoke with Bloomberg Thursday, discussing the fund''s willingness to own oil stocks

Oil prices surged and US equities tumbled Friday afternoon as officials in Washington urged Americans to leave Ukraine immediately due to rising risks of a Russian invasion. Markets lurched during a briefing by US National Security Advisor Jake Sullivan, who said a Russian invasion could begin at a ..

For fossil fuel bosses Britain is a kind of heaven. They can benefit from a privatised energy industry, tax perks—and a Tory party that falls over itself to roll out the red carpet to big business. And there is one, still lucrative resource—the North Sea. North Sea oil and gas projects are ­presented as a…

Oil prices surged and US equities fell sharply Friday as officials in Washington said Moscow could attack Kyiv soon. Markets lurched during a briefing by US National Security Advi…

Oil prices are soaring after media outlets began to report that a Russian invasion of Ukraine is imminent. PBS has reported that according to officials, the U.S. believes Putin has decided to invade Ukraine and communicated those plans to the Russian military. Six U.S. and Western officials have reportedly told PBS that they expect a Russian invasion to begin next week, with defense officials expecting a horrific, bloody campaign that begins with two days of bombardment and electronic warfare, followed by an invasion, with

(Bloomberg) -- The number of rigs drilling for oil in U.S. basins jumped the most in four years this week, the latest sign that the shale patch is booming again as crude prices soar.

Tight international oil markets are in need of the nation''s heavy, sour crude

HEATHROW, Florida: According to the American Automobile Association, gasoline prices in Florida climbed to their highest level in the last eight years, with the average price per gallon reaching $3.47, an increase of 12 cents over the last week. This is the highest price since July 2014. AAA officials are continuing to predict increasing prices linked to the growing costs of crude oil, from which gasoline

President Nana Addo Dankwa Akufo-Addo, left Ghana, on Thursday, February 10, 2022, to begin a 10-day working visit to France, Guyana, Belgium, Germany and the United Kingdom. The President’s first port of call will be Brest, France, where, at the invitation of Emmanuel Macron, President of the French Republic, he will participate in the One Ocean Summit, to be held on Friday, February 11, 2022. Up to 40 world leaders are due to make “ambitious and concrete commitments” towards combating illegal fishing, decarbonising shipping and reducing plastic pollution at what is billed as the first high-level summit dedicated to the ocean. Thereafter, he will, at the invitation of Dr. Mohamed Irfan Ali, President of the Cooperative Republic of Guyana, travel to Georgetown, Guyana, participate as a keynote speaker at the maiden International Energy Conference and Expo by Guyana to be held from 15th to 18th February, 2022. Ghana and Guyana are developing close working relations in the oil and gas sector.

The possibility of interest rate hikes in the US has impacted the global crude oil markets

Benchmark oil prices in line for first weekly decline since December

RAYONG: A fresh oil spill was found in the Gulf of Thailand off the coast of Rayong yesterday (Feb 10) and was being cleaned up, according to local authorities.