Proshares Ultra Bloomberg Crude Oil ETF News

Global crude prices, which have rallied about 20% this year, are likely to surpass $100 a barrel.

Salman comments reported by Saudi state media (this via a Reuters piece) stressed the importance of maintaining balance and stability in the oil markets, highlighting the role of the historic OPEC Plus agreement in this regard, and the importance of maintaining the agreement Not a lot to go

By Ihechi Enyinnaya The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021. A breakdown of the figures captured in the August 2021 NNPC Monthly Financial and Operations Report (MFOR) indicates that export of crude oil amounted The post NNPC Rakes in $224.29m from Export of Crude Oil, Gas in August appeared first on Daily Review Online - Nigeria and World News .

Diesel shortages would push up fuel and transportation costs further and add more upward pressure on retail prices.

Crude oil futures were mostly steady in midmorning trade in Asia Feb. 10 as prices consolidated after draws in US crude oil and refined products stocks last week, while eyes remained on the progress of the Iranian nuclear talks in Vienna. At 10:17 am Singapore time (0217 GMT), the ICE April Brent futures contract was down 7 cents/b (0.08%) from

https://www.investing.com/news/commodities-news/oil-prices-steady-as-investors-eye-usiran-nuclear-talks-2760890

SINGAPORE : Oil prices were mixed on Thursday, after rallying on an unexpected drop in U.S. crude inventories in the previous session, as investors await the outcome of U.S.-Iran nuclear talks that could add crude supplies quickly to global markets.Brent crude futures slid 10 cents, or 0.1per cent, to $91

Fuel consumption in the world''s third biggest oil consumer, a proxy for oil demand, totalled 17.61 million tonnes, down 3.7% from December

By Rowena Edwards LONDON (Reuters) Global supplies of diesel are dwindling as refiners struggle to keep pace with rapid post-pandemic demand recovery, exacerbating an acute global energy shortage which has already sent the prices of gas, coal and crude oil soaring.

The possibility of a nuclear deal with Iran could bring some relief to a tight oil market.

Australian shares are set to rise; Wall Street advances; iron ore tumbles; $A, oil rises. Follow the latest here.

No oil producer around the world should hold back supply when demand is rising, the White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could use every legal and regulatory tool available. “Nobody should hold back supply at the expense of the American consumer, particularly as the recovery from the pandemic continues, and oil producers around the world have the capacity to produce at levels that match demand and reduce the high prices.…

Draw in US crude stocks fuelling supply concerns - EIA Strong demand in USA Iran-US nuclear deal capped upside Lingering eastern Europe tensions LONDON (ICIS)--Oil prices rose on Wednesday after the…

MRS Oil Nigeria Plc has indicted the Nigeria National Petroleum Corporation (NNPC), as members of the public linked it to the circulation of adulterated petrol. In a video circulating on social media, a staff member of MRS Oil was seen dispensing contaminated petrol to consumers, which led to a public outcry. Addressing the issue, MRS Oil accused Panama-based Duke Oil, which is a subsidiary of the state-owned oil and gas firm, of the importation of the adulterated fuel. Continue reading Adulterated Petrol: How MRS Oil Indicted NNPC at BizWatchNigeria.Ng.

Oil prices could soar to $120 a barrel if Russia''s crude exports are derailed by tensions with Ukraine, according to projections from JPMorgan.