Proshares Ultra Bloomberg Crude Oil ETF News

Mexicos decision to halve oil exports this year and suspend them all together in 2023 will affect its oil hedgethe biggest in the worldsubstantially, pushing oil prices higher. Bloomberg reports that thanks to its hedge, Mexico is one of the biggest sellers of oil contracts for any given year ahead. However, the hedge is based on its oil exports, and when, or if, these stop, the hedge will shrink, adding volatility and upside potential to longer-dated oil contracts. The report quotes analysts and traders who explain that Mexicos

The operator of Kazakhstan''s highest-producing oil field, Tengiz, said Jan. 6 that a logistics issue

https://www.investing.com/analysis/the-energy-report-fed-signals-strong-oil-demand-200613868

Crude Oil Higher; Kazakhstan Turmoil Threatens Supply

Iraq produced 4.23 million barrels per day (bpd) of oil in December, up by 17,000 bpd from November, according to production data from state-owned marketer SOMO seen by Reuters on Thursday.

Brent crude futures continued their upward trend in European morning trading Jan. 6, moving further

The increase in OPEC''s oil output in December has again undershot the rise planned under a deal with allies, a Reuters survey found on Thursday, highlighting capacity constraints that are limiting supply as global demand recovers from the pandemic.

Brent crude futures rose $1.09 to $81.89 a barrel by 1054 GMT, while U.S. West Texas Intermediate crude futures gained $1.17 to $79.02

Dublin, Jan. 06, 2022 (GLOBE NEWSWIRE) -- The "Aircraft Health Monitoring System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com''s offering. The global aircraft health monitoring system market exhibited moderate growth during 2015-2020. An aircraft health monitoring system (AHMS) refers to a collection of solutions and techniques that are used for remote monitoring of airplane data. AHMS is primarily used for monitoring the lifecycle of aircraft components and predicting failures or malfunctions, such as over-heating of engines, high vibrations, low oil pressure and hard landing. It uses the real-time data captured through various sensors installed on the aircraft components and involves automated engine trend reporting, remote systems diagnostics and engine/airframe threshold exceedance reporting. The implementation of AHMS also aids in minimizing the overall maintenance and operational costs and detection, diagnosis, prognosis and mitigation of system failures.

Shares in Asia-Pacific fell sharply on Thursday, following in the footsteps of the U.S. overnight. Europe is also seen opening lower and oil prices slipped.

The Push for Ad Agencies to Ditch Big Oil Clients WIRED

https://www.investing.com/analysis/market-sending-loud-clear-signal-oil-prices-are-headed-higher-200613807

Stocks are staying on the retreat and after the selloff yesterday, risk aversion is taking hold. Commodity currencies are the laggard today and we''re even seeing oil fall by a little over 1% to below $77 again. US futures are pointing lower with S&P 500 futures down 0.5% and Nasdaq futures down 0.8%

Oil prices lost ground on Thursday, falling more than $1 a barrel from their highest levels in more than a month after U.S. fuel stockpiles surged amid declining demand.