Proshares Ultra Bloomberg Crude Oil ETF News

The DXY Index representing the US Dollar has consolidated this week. The markets are eagerly awaiting US CPI data. What does it have instore for USD?

World old prices continued their upward movement on Thursday morning, with investors assessing data on a substantial decline in US crude inventories.

March crude oil futures were trading at 6,664 against the previous close of 6,616, up by 0.73 per cent

Crude oil price fluctuates around the EMA50, and still below the broken support of the bullish

Oil was steady in Asian trading after a surprise decline in US crude inventories tightened the market further amid signs of strong demand in the worlds biggest economy. The post Oil steadies as US stockpiles drop with focus on Iran progress appeared first on Energy Voice .

Wellington, Feb 10 (IANS) The cost of living has seen a sharp increase for many households in New Zealand due to higher prices for petrol and mortgage interest payments, data from Stats NZ revealed on Thursday. The increase in the annual cost of living, as measured by the household living-costs price index, was the highest [] The post Increase in New Zealands cost of living reaches new high appeared first on Buziness Bytes .

The April Brent-Dubai Exchange of Futures for Swaps spread dropped below the $5/b mark midmorning Singapore Feb. 10 for the first time this month, allowing some arbitrage crude to seek an opening into Asia. At 11 am (0300 GMT) Singapore, the April Brent/Dubai EFS was pegged at $4.82/b, narrowing 23 cents/b from the Asia close Feb. 9, S&P Global Platts

The dramatic sprint of crude oil toward $100/b is prompting Asian importers to rethink supply strategy as well as their fiscal roadmap, which could result in an aggressive recourse to strategic reserves, changes to fuel subsidies and taxes, and a much bigger push toward new energy alternatives. Although the oil demand outlook for top consumers China and India looks resilient

The US and Asian diesel imports have been limited in recent weeks due to higher domestic consumption for manufacturing and road fuel purposes.

How we got here: Forexlive Americas FX news wrap: Yen slides as risk trades rally APAC headlines (read from the bottom up for the chronology) JP Morgan says oil could hit US$120 / barrel if Russia''s crude exports are disrupted US Federal Reserve speakers on the schedule f

Note from Tuesday US time from JP Morgan oil analysts outlining some scenarios amidst Russia - Ukraine - US - Europe tensions. Such is the fundamental market tightness in oil today that under a best-case scenario in which tensions between Russia and Ukraine de-escalate, the oil price would lik

MORNING BRIEFING: The average petrol price in Sydney is expected to jump to $1.66 by Thursday the highest level in more than a decade while a man dies in a house fire in Sydney''s west.

While a Russian invasion would hit food and oil prices, SA needs to keep a keen eye on interest rates

The national oil company, Nigerian National Petroleum Corporation (NNPC) Limited yesterday, disclosed that about N2.613 trillion was made from the sale of premium motor spirit in one year. The post NNPC earns 2.613tr from petrol, $224.29 million from crude oil, gas appeared first on The Guardian Nigeria News - Nigeria and World News .

In a telephonic conversation with US President Joe Biden on Wednesday, Saudi Arabias King Salman said that the role of the OPEC and its allies (OPEC+