United States Oil Fund Lp ETF News

US consumer price data due to be released later on Thursday is expected to show the pace of annual price increases jumped to 7.9% last month from 7.5% in January

US consumer price gains accelerated in February to a fresh 40-year high, consistent with rapid inflation that’s become even more pronounced following Russia’s invasion of Ukraine.

Russia said on Thursday that it was suspending, until the end of this year, exports of more than 200 products, including technological and medical equipment, vehicles, and agricultural machinery, but oil, gas, and coal - the main revenue stream for the government – were spared from the list. The measure - which also includes the suspension of exports of electric equipment, railway cars and locomotives, containers, turbines, metal and stone cutting machines, video displays, projectors, consoles, and switchboards—“is necessary to…

Germany and Hungary are the most vocal opponents of an EU import ban on Russian energy, which is staunchly supported by Poland, while France and others sit on the fence.

WASHINGTON (Reuters) – U.S. consumer prices surged in February, culminating in the largest annual increase in 40 years, and inflation is poised to accelerate further in the months ahead as Russia’s war against Ukraine drives up the costs of crude oil and other commodities.

Russia''s difficulty in marketing its oil opens up a significant supply deficit.

India''s ONGC failed to get bids in its tender to sell 700,000 barrels of Russian Sokol crude in a growing backlash against Moscow for its Ukraine invasion.

Loonie at 78.11 U.S. cents

Thanet District Council is asking people to keep their dogs on a lead.

Michael Magoronga, Midlands Correspondent The recent hikes in fuel prices are likely to have an adverse impact on the economy as prices of basic commodities are likely to increase, the business community has said. The Zimbabwe Energy Regulatory Authority (ZERA) recently announced that the price of diesel had risen by 17 cents and petrol by […]

Guests: Harold Ford Jr., Marc Thiessen, Bill Bennett

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Texas oil opens with a 4.6% rebound to $113.72

The consumer price index jumped 7.9% from a year earlier following a 7.5% annual gain in Jan, Labor Department data showed. The widely followed inflation gauge rose 0.8% in Feb from a month earlier, reflecting higher gasoline, food and shelter costs

In this article, we will be talking about these 10 oil and gas stocks that analysts are downgrading.