USCommodity 12 Month Oil ETF News

WTI crude oil prices fell for a second day as China imposed lockdowns in key cities amid a flare-up in Covid-19 cases. This dampened the demand outlook for energy. Russia-Ukraine negotiations are a…

Inflation recently reached a four-decade high in the U.S., spiking around the world as well. Oil and gas prices have recently surged because of Russia’s invasion of Ukraine, putting further pressure on prices. Consumers are feeling pain at the pump and in the supermarket, but the effects are not felt equally worldwide. Prices of everyday […]

Russian leader has exploited our need for his country’s oil and gas for too long. We need to take back control

The longer that high oil and gas prices are sustained, the greater the economic damage for highly developed and industrialized countries that are not self-sufficient in energy supplies and it is at times like these that those countries find out who their real friends are, and are not. In this context, the current oil pricing/global economic matrix underlines once again the seismic geopolitical shift that has taken place in the Middle East since the end of the 2014-2016 Oil Price War – broadly away from the U.S. and its allies and towards…

U.S. shale oil production in the seven most prolific shale basins are set for their biggest rise since March of 2020, according to new EIA data. The Energy Information’s Drilling Productivity Report is estimating that the total production in the seven major U.S. shale basins will rise by 117,000 bpd next month, to 8.708 million bpd, according to the EIA’s latest version of the Drilling Productivity Report. The news comes as U.S. crude oil production finds itself in the spotlight as to the reasons they are not producing more. Regardless…

India relies on overseas purchases to meet about 85 per cent of its oil requirement, making it one of the most vulnerable in Asia to higher oil prices

Shunned by the West, Russia is looking to the East for partners in its oil and gas sector and for willing buyers of its crude. The closest partner east of Moscow is China, the world’s top oil importer, which is reportedly already taking advantage of the exodus of western companies from oil, gas, and metals projects in Russia. Now Russia is setting its sights on forging closer energy ties with another major economy, India. India, the third-largest oil importer in the world, has abstained in several United Nations votes condemning Russia’s…

India is considering a Russian offer to buy crude oil and other commodities at discount prices a week after the U.S. banned all Russian energy imports, Reuters reported on Monday.India, the world''s third largest oil consumer and importer…

IOC said in late February it would buy Russian oil on delivered basis to avoid any complication relating to fixing vessels and insurance

Oil prices have soared to their highest levels in many years due to geopolitical tensions in Europe and the Middle East. Sudden jump in production is also unlikely.

After recently reaching their highest levels in nearly a decade, crude oil and related ETFs continued to retrace on Monday, falling another 8%, and breaking below $100 per barrel, amid discussions bet

Oil prices have soared to their highest levels in many years due to geopolitical tensions in Europe and the Middle East. Sudden jump in production is also unlikely.

In this article, we discuss oil predictions for 2022 and 5 stocks to watch.