Proshares Ultra Bloomberg Crude Oil ETF News

The court had, in June 2022, ordered Mobil and NNPC to pay the Akwa Ibom oil communities cumulative damages of N81.9 billion over oil spillage that ruined their economic lives. The post Oil Spillage: Akwa Ibom communities move to enforce N82 billion judgement debt against two oil giants appeared first on Premium Times Nigeria .

Rising global oil prices a matter of concern, says Sitharaman at post-Budget interaction with industry

The Civil Society Group for Good Governance (CSGGG), yesterday, in Abuja, raised concerns over the payment of N3t subsidy on petrol, as well as the sorry state of the nations refineries. The post Group raises concerns over N3t subsidy, rehabilitation of refineries appeared first on The Guardian Nigeria News - Nigeria and World News .

Chief Martin Onovo is a former presidential candidate of the National Conscience Party (NCP) and currently Head, Policy Positions, Movement for Fundamental Change (MFC). In this interview with EJKEME OMENAZU, Onovo, a petroleum engineer, speaks on the Federal Governments suspension of the removal of petroleum subsidy, among other crucial issues. Excerpt: What is your take []

By Marco Aquino LIMA, Feb 5 (Reuters) – Peru’s environmental inspector, responding to fuel supply shortages, on Saturday authorized temporary resumption of hydrocarbon loading and unloading operations at sea at a refinery…

Multiple oil transport and storage companies across Europe are dealing with cyber-attacks. Information Technology systems have been disrupted at Oiltanking in Germany, SEA-Invest in Belgium and Evos in the Netherlands. According to BBC, in total dozens of terminals with oil storage and transport around the world have been affected, with firms reporting that the attacks Read More

The average price of a gallon of regular gas in the Garden State is $3.44, up 3 cents from last week.

Several of U.K. Prime Minister Boris Johnsonandapos;s top advisers resigned amid the scandal over lockdown parties. Plus, some European oil facilities have been hacked and rescue efforts in Morocco continue after a child fell in a well. CBS News foreign correspondent Chris Livesay joins …

The weekly oil open will be the spot to watch after the Biden administration took a step towards thawing relations with Iran. A group of nations are in what looks like the final stretch of negotiations towards reviving the Iran nuclear deal. The US restored a waiver that that had been

Stocks were mixed Friday as markets weighed a surprisingly good US jobs report against concerns over tighteningmonetary policy, while oil prices pushed closer to $100 a barrel.

Geopolitical risk premium stays on

MIAMI: A court in Venezuela has upheld long prison sentences for six American oil executives detained in the South American country on corruption charges for more than four years. Venezuela''s supreme court announced the ruling late Friday (Saturday in Manila), disappointing family members who had hoped the surprise decision last fall to hear the appeal, and a recent jailhouse visit by a top State Department official, signified President Nicolás Maduro''s government was looking to release the men as part of a gesture to engage the Biden administration in talks over US sanctions.

Gas prices price in America has risen and risen sharply recently. One year ago, according to AAA, the average price of a gallon of regular gas was $2.46. The number is now $3.44 and most days moves upward. There are several causes of high gas prices. The primary factor is oil prices. State gas taxes []

Driving has become much more expensive recently at least compared to the last several years. The average price of a regular gallon of gas nationwide is $3.44, up from $2.46 a year ago. In two states–California and Hawaii–the price is above $4.00. As the price of oil surges toward $100, the price of gas will […]

Oil and gas was the stock market''s standout sector performer again this week, with the top energy ETF (XLE) +5%, as a severe winter storm in Texas added to a host of global supply