Uscommodity 12 Month Oil Etf ETF News

Senior oil workers are pressuring the Nigerian government to complete the power sector privatisation by opening the transmission segment to competent private investors who have the financial and technical capacities to breathe new life into the decrepit system. Africas biggest economy continues to grapple with a grossly inadequate power supply to its estimated 200 million []

RAC says the price rises are ''hurting'' households

Vladimir Putin and Joe Biden have agreed in principle to a summit in Europe. AFP via Getty Images Global stocks fell on Monday as tensions remained high over the Russian military buildup on Ukraines border, with officials in the West continuing to fear an imminent war in Eastern Europe. The pan-European Stoxx 600 index was []

Iran''s parliament has decided to raise its forecast for oil sales and price in the upcoming financial year that starts in March amid the inclusion of barter deals for its crude, semi-official news agency ISNA quoted a parliamentary official as saying on Feb. 20. Iran''s parliament forecast sales of 1.4 million b/d based on a $70/b price, up from the

The RAC said its figures show the average price of a litre of petrol and diesel at UK forecourts on Sunday was 149p and 153p respectively.

The RAC said its figures show the average price of a litre of petrol and diesel at UK forecourts on Sunday was 149p and 153p respectively.

World oil prices fell this afternoon, while investors continued to monitor the situation between Russia and Ukraine and assess the likelihood of supply disruptions, Report informs.

OPEC''s Arab contingent said the group is united on sticking to its current supply pact, even as oil prices continue to trade close to $100/b. Speaking at the International Petroleum Technology Conference in Riyadh, ministers from Saudi Arabia, Iraq, the UAE and Kuwait said geopolitical tensions, along with industry underinvestment driven in large part by climate activists, were to blame

The Indian rupee extended its gains on Monday for the fifth straight day, driven by a weaker dollar and softer crude prices.

French giant TotalEnergies on Monday announced the discovery of significant reserves of oil and gas off the coast of Suriname and said it would begin exploration soon. The company has several exploration licences in the South American nation and made the announcement jointly with US firm APA. Total ..

Rising for the fifth straight day, the rupee extended gains by 11 paise to close at 74.55 (provisional) against the US dollar on Monday on the back of a weak dollar and softer crude oil prices

(The opinions expressed here are those of the author, a columnist for Reuters.) By Clyde Russell LAUNCESTON, Australia, Feb 21 (Reuters) - The warning signals are starting to flash for the profit margins of oil refiners in Asia with high crude prices

On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol and diesel by Rs 5 and Rs 10 respectively

SYDNEY: Australia''s largest energy firm and biggest carbon emitter AGL on Monday rejected a takeover bid from green-minded tech billionaire Mike Cannon Brookes, who planned to shutter the firm''s coal-fired power plants. Atlassian co-founder Cannon Brookes had teamed up with Brookfield Asset Management to offer US$5.8 billion for the electricity production and distribution firm with a view to shutting major coal power plants 15 years early. Cannon Brookes has long been vocal in his criticism of the Australian government''s pro-coal policies and the energy industry''s lack of ambitious climate goals. The bid would have seen AGL move much more rapidly to decarbonisation, including by shutting coal power plants by 2030 -- rather than 2045 as currently planned. Oil slips on Ukraine summit plan, prospect of Iran nuclear deal But AGL''s board decided the unsolicited offer, which priced the firm at 4.7 percent more than Friday''s closing stock price of AUS$7.16, undervalued the company and was "not in the best interests" of shareholders.

Industrial and agricultural revolutions have always been at the centre of most agro-economic policies of the government with the objectives of diversifying the base of the economy using crude oil as a springboard. The post Relaunching Nigerias agric revolution with AfDBs agro-industrial processing zones appeared first on The Guardian Nigeria News - Nigeria and World News .