Proshares Ultra Bloomberg Crude Oil ETF News

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Saudi Aramco is the world''s top oil exporter

Aramcos decision came days after OPEC+ opted to increase its daily crude production by 400,000 barrels a day next month.

Global crude oil prices have risen more than 14 percent in the past 30 days as traders see a continued rise in demand and supply fails to keep up

Nepal Oil Corporation has hiked the prices of petroleum products to Rs142 and diesel and kerosene Rs125 per litre. The price of aviation fuel has also been increased by Rs10 per litre while LPG prices remain the same.

By Gloria Akudoro, Abuja The Federal Government has swiftly intervened to recent fire incident at Ukpokiti Oil Field (OML 108) in Delta State, involving the Floating Production Storage and Offtake of Shebah Exploration and Production Company Limited (SEPCOL), noting that the inferno has been totally extinguished. The Minister of State for the Environment, Chief Sharon [] The post FG extinguishes SEPCOLs oil field fire, begins assessment operation appeared first on Nigeriannewsdirectcom .

The US restored a waiver that that had been rescinded by Trump in May 2020 that allowed Russian, Chinese and European companies to carry out non-proliferation work at Iranian nuclear sites. Info is here for more This is a slight warming of US-Iran relations. At the margin this is a negative f

Aramco, which is majority owned by the Saudi government, has hiked prices for its customers in Europe, the US and Asia.

The exchange rate between Canada and the U.S. strongly correlates to the price of oil, and it''s largely due to the way Canada earns U.S. dollars.

The share of OPEC in global oil production has been falling in recent times

Marine scientists at Chulalongkorn University say that it may take a year or more for impacts from the recent oil spill in the sea off Rayong province to manifest on corals in the area. Divers from a research team at the Marine Resources Research Institute of the Faculty of Science The post Rayong oil spill on corals may take at least a year to emerge appeared first on Pattaya One News .

Other Asian grades jumped by between 40 and 70 cents a barrel. US prices were increased by 30 cents

Despite being the second-biggest oil producer in Latin America, Mexico seems unable to effectively develop its oil industry. Challenges and failures have been discussed in the media for years, and it seems that even with President Andres Manuels (AMLO) new approach to the countrys energy sector few results have been seen. There are some challenges to Mexicos oil and gas industry that have been around for years, with no political administration seeming to be able to resolve them. Some of the main obstacles to developing

Mumbai: Rising crude oil prices along with foreign fund outflows are likely to weaken the Indian rupee against the US dollar in the near term. Besides, the Reserve Bank of Indias upcoming monetary policy review will also have a bearing on the rupees movement. Lately, the global commodity prices have firmed up sharply in January Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

ELECTION candidates will hit the hustings Tuesday for the official start of campaigning, with the son and namesake of former dictator Ferdinand Marcos leading the presidential race. Political scions, celebrities and ex-convicts are among the contenders vying for more than 18,000 posts in the May 9 polls, with most interest in the contest to succeed President Rodrigo Duterte. More than 35 years after the Philippines emerged from his father''s dictatorship, voter surveys show Ferdinand Marcos Jr. heading towards a landslide victory as a massive social media campaign cranks up support and, critics say, whitewashes the clan''s history. Boosted by a formidable alliance with first daughter and vice presidential candidate Davao City Mayor Sara Duterte-Carpio, Marcos has vowed "to unify the country and give our fellowmen the future that they deserve." Efforts to disqualify Marcos over a decades-old tax conviction sparked a public spat between election officials, while allegations of cocaine snorting and corruption among presidential candidates have fueled a political atmosphere of chaos and skullduggery.