Proshares Ultra Bloomberg Crude Oil ETF News

New Delhi: Consumers continued to get relief from rising fuel prices on Monday with the Oil Marketing Companies (OMCs) keeping pump prices of petrol and diesel prices unchanged post revision of duties by the central and state governments on Diwali eve. Accordingly, petrol and diesel prices remained static for 18th consecutive day under the daily price revision mechanism followed by the OMCs. The pump price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a.m. on the Diwali day on November 4 from previous day''s level of Rs 110.04 a litre, remains at the same level. The diesel prices also remained unchanged at Rs 86.67 a litre. In the financial capital Mumbai, petrol continues to be priced at Rs 109.98 a litre and diesel at Rs 94.14 a litre. Prices also remained static in Kolkata where the price of petrol reduced by Rs 5.82 to Rs 104.67 per litre and that of diesel by Rs 11.77 to Rs 89.79 per litre in the first week of November. Petrol prices in Chennai also remains at Rs 101.40 per litre and diesel Rs 91 .43 per litre.

SINGAPORE: Malaysian palm oil futures edged lower for a second straight session on Monday, as rival oils slid and crude prices hit seven-week lows. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange fell 31 ringgit, or 0.6% to 4,962 ringgit during early trade. Crude oil extended declines after the previous session''s slide, on concerns about excess supply after Japan said it was weighing releasing oil reserves and over demand from a worsening COVID-19 situation in Europe. Dalian''s most-active soyoil contract fell 1.9%, while its palm oil contract traded 1.1% lower. Soyoil prices on the Chicago Board of Trade, meanwhile, were up 0.2%. Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market. Capping the losses, however, were higher palm oil exports in the November 1-20 period. They rose at least 8% from the same period a month ago, data from cargo surveyors showed on Saturday. Palm oil may test a support zone of 4,926-4,960 ringgit per tonne, following its failure to break a resistance at 5,071 ringgit, Reuters technicals analyst Wang Tao said.

Alcohol, cigarettes and petrol don''t just incur excise - also known as the ''sin taxes''. Consumers who enjoy or use these products have been hit with double-digit price rises in the past year.

Forex news for Asia trading on Monday 22 November 2021 Oil news - Japan reserves (read from the bottom up for chronology): Other: While the forex space was fairly sedate to open the week crypto was more active.

Japanese Prime Minister Fumio Kishida signalled on Saturday he was ready to help counter soaring oil prices following a request from the United States to release oil from its emergency stockpile.

By Tom Westbrook SYDNEY (Reuters) Asian stocks made a soft start to the week on Monday while oil and the euro were under pressure, as the return of COVID-19 restrictions in Europe and talk about hastened tapering from the U.S. Federal Reserve put investors on guard.

The approximately 30-foot-by-70-foot sheen was first reported just before 9 a.m. on Saturday, according a database of oil spill reports maintained by the Governor''s Office of Emergency Services.

Share Market LIVE Updates: Most Asian stocks fell on Monday amid concerns about covid-19 curbs in Europe and the risk of the US Fed speeding up stimulus withdrawal. The Treasury yield curve was near the flattest since the pandemics onset

WTI oil has opened lower, the Cl contract dropped briefly under US$75 at the start of trading on Sunday evening US time. Equity indexes on Globex meanwhile are steady.

Oil has been spilling from a well owned by Nigerias Aiteo Eastern E&P and state-run NNPC for two weeks in southern Nigeria, local residents and politicians said on Friday, saying it threatened the environment and local economy. Aiteo said on Nov. 9 an extremely high order oil spill had started on Nov. 5 and that []

NNA - On the eve of Lebanon''s 78th Independence Day, President of the Republic, General Michel Aoun, delivered the following address to the nation: My fellow Lebanese ladies and gentlemen, Here comes Lebanons seventy-eighth Independence Day, and the nation is still drowning in a sea of successive crises that prevent us from celebrating joyfully, but do not keep us from living its meanings. Lebanon and the Lebanese have paid a heavy price to turn Independence from a mere commemoration to a festive occasion, and it is the right - rather the duty - of all of us to hold on to it and seek to fortify it. For the State, Independence means free decision and the protection of the nations interest while preserving the best relations with all States. As for the citizens, independence means empowered and trustworthy State institutions that protect them and ensure their rights while they ensure in turn their obligations towards these institutions. This independence needs a daily strife to preserve it and recover what we have lost, to make a clean break with an exhausting reality against which our nation and our people are struggling.

November 21, 2021 The Group Managing Director (GMD)/Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited, NNPC, Malam Mele Kyari, started his weekly activities with an interview with Bloomberg TV in Abu Dhabi, the United Arab Emirates (UAE). Kyari said in the interview that Nigeria would ramp up oil production to 1.8 million barrels per day by the end of 2021, as against the 1.45 million BOPD in September. He noted that in spite of this projection, Nigeria could easily attain its maximum crude oil production capacity of 2.5 million barrels per day with the combined production of [] The post NNPC targets 1.8mbpd production as Kyari urges more indigenous innovation appeared first on Political Economist .

Higher energy costs and the global shortage of raw materials could drive figure up, economists warn

New Delhi: Petrol and diesel prices remain unchanged on Sunday post the revision of duties by the Central and state governments on Diwali eve, providing a continued relief to consumers. Accordingly, petrol and diesel prices have remained static for the 17th consecutive day on Sunday under the daily price revision mechanism followed by oil marketing 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 .