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United States Oil Fund Lp ETF News

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At Close: Jun 05, 2026
A surge in energy and commodity prices, with a barrel of oil now close to $120, have piled on the inflationary hike that the world was already experiencing as economies recover from the Covid-19 pandemic.

Lagos Govt Seals Event Over Petrol Souvenir

06:19pm, Saturday, 05'th Mar 2022 BizWatch Nigeria
The Lagos State Government has sealed Havillah Event Centre at Oniru, over petrol that was used as a souvenir at a party. The event centre was sealed by officials of the Lagos Safety Commission and the Rapid Response Squad “for Contravening Public Safety Rules”. Lagos State Commissioner for Information and Strategy, Mr Gbenga Omotoso, had said on Saturday that the state government would probe the use of petrol as a souvenir at a party. Continue reading Lagos Govt Seals Event Over Petrol Souvenir at BizWatchNigeria.Ng.

UK dockers refuse Russian oil, accuse sanction loophole

06:07pm, Saturday, 05'th Mar 2022 Independent on Saturday
London - British dockers on Saturday refused to unload Russian oil from a tanker, calling for the government to close a "loophole" in sanctions allowing foreign-flagged ships to deliver the fuel. The Seacod is currently moored near the Stanlow refinery in northwest England, and unions say its cargo is not covered by a ban on Russian vessels because it is German flagged. UK sanctions introduced over the invasion of Ukraine ban all ships that are Russian owned, operated, controlled, registered or flagged from entering British ports. Unite union general secretary Sharon Graham said that "due to the ongoing conflict in Ukraine, Unite workers at the (Stanlow) facility will under no circumstances unload any Russian oil regardless of the nationality of the vessel." "Unite urges the Transport Secretary Grant Shapps to close this loophole immediately." The refinery''s operator, India''s Essar, said it was "deeply concerned by the humanitarian crisis unfolding in Ukraine and is fully complying with the statutory framework implemented by the UK government with regard to Russia-related entities".
Disturbed by the danger of indiscriminate storage of petrol to lives and properties, Lagos State Government said Saturday it would probe the packaging of the product as souvenir for guests at a party. Going by current market data, the commodity goes for prices ranging more than N200 in Lagos, though the official pump price of […] The post Lagos State to probe packaging petrol as souvenir for guests at party appeared first on StraightNews .

Iran, UN watchdog agree approach to resolve nuke issues

05:54pm, Saturday, 05'th Mar 2022 Kuwait Times
TEHRAN: Iran and the International Atomic Energy Agency said yesterday after talks in Tehran that they agreed on an approach to resolve issues crucial in efforts to revive the country’s 2015 nuclear deal. The announcement came shortly before Russia said it would seek guarantees from the United States before it backs the deal, potentially scuppering hopes the agreement could be wrapped up soon. IAEA chief Rafael Grossi said the UN agency and Iran “did have a number of important matters that we needed… to resolve”, but that they had now “decided to try a practical, pragmatic approach” to overcome them. Atomic Energy Organization of Iran president Mohammed Eslami said the two sides had come to the “conclusion that some documents which need to be exchanged between the IAEA and the Iranian organisation should be exchanged” by May 22. Grossi’s visit to Tehran comes after Britain, one of the parties to parallel talks on the deal in Vienna, indicated an agreement was close. The 2015 nuclear deal has been hanging by a thread since the United States’ unilateral withdrawal in 2018 under then president Donald Trump.
Ukrainian President Volodymyr Zelensky participated in a call with a bipartisan group of over 280 U.S. members of Congress on Saturday morning, during which the lawmakers said he laid out ways the U.S. could help his country''s fight…

Musk: Green Energy Won’t Replace Oil and Gas Exports from Russia

05:42pm, Saturday, 05'th Mar 2022 Sada ElBalad English
Elon Musk, the American businessman called for an instant increase in oil and gas, stressing that Green energy cannot immediately replace Russian hydrocarbon exports. “Hate to say it, but we need to increase oil & gas output immediately. Extraordinary times demand extraordinary measures,” Musk said on his official Twitter. Musk acknowledged the increase in oil […]

How To Clean A Pipe, Bong Or Dab Rig

05:34pm, Saturday, 05'th Mar 2022 Benzinga
This article was originally published on Grassdoor and appears here with permission. If you love to smoke fresh flower, a pretty pipe that suits your style and taste can turn your smoking practice into a ritual that can soothe your spirit at the end of a long day. For those who use cannabis concentrate, the simple act of caring for your heating element, bong, or water pipe can turn into a meditative form of self-care. Here’s a quick guide to keeping your pipe clean and shiny for better flavor and a cleaner high. Why Use a Pipe? If you’ve gotten good at rolling a joint, puzzling out how to smoke weed from a pipe may seem like extra effort for little gain. However, one of the nicest things about smoking with a pipe is that you can enjoy a minimal amount of weed and carefully review the quality before you inhale. Pipes can be quite pretty. There is great comfort in building a smoking ritual: sitting down in your favorite relaxation spot, grinding the flower, packing the bowl, sparking up and inhaling.
Ukrainian President Volodymyr Zelensky pleaded with U.S. senators on a Zoom call Saturday to introduce an oil embargo on Russia and push Eastern European countries to provide Russian-made planes to his country, according to multiple sources on the call.Why it matters: Zelensky claimed that an oil embargo would be the most significant sanction the U.S. could impose — more significant than disconnecting Russian banks from the SWIFT financial messaging system, which Western countries agreed to do l

WNBA All-Star Brittney Griner detained in Russia on drug charges

05:09pm, Saturday, 05'th Mar 2022 Chicago Sun-Times
Phoenix Mercury center Brittney Griner (42) looks to pass as Chicago Sky center Candace Parker defends during the first half of game 1 of the WNBA basketball finals, Sunday, Oct. 10, 2021, in Phoenix. Ralph Freso/AP WNBA All-Star Brittney Griner was arrested last month at a Moscow airport after Russian authorities said a search of her luggage revealed vape cartridges. The Russian Customs Service said Saturday that the cartridges were identified as containing oil derived from cannabis, which could carry a maximum penalty of 10 years in prison. The customs service identified the person arrested as a player for the U.S. women’s team and did not specify the date of her arrest. Russian media reported the player was Griner, and her agent, Lindsay Kagawa Colas, did not dispute those reports. “We are aware of the situation with Brittney Griner in Russia and are in close contact with her, her legal representation in Russia, her family, her teams, and the WNBA and NBA,” Kagawa Colas said Saturday. “As this is an ongoing legal matter, we are not able to comment further on the specifics of her case but can confirm that as we work to get her home, her mental and physical health remain our primary concern.” On Saturday, the State Department issued a “do not travel” advisory for Russia because of its invasion of Ukraine and urged all U.S. citizens to depart immediately, citing factors including “the potential for harassment against U.S. citizens by Russian government security officials” and “the Embassy’s limited ability to assist” Americans in Russia.
The price of gasoline has topped $2 a litre at some stations in British Columbia as Canadians continue to see eye-popping numbers at the pump this week. Gas prices across the country averaged out at $1.69 per litre as of late Friday morning, up from $1.65 the day before, according to gas price information website […] The post Gas prices top $2 per litre in B.C. as Russian invasion sends crude oil surging appeared first on CHEK .

WNBA’s Brittney Griner detained in Russia for weeks on drug charges

04:53pm, Saturday, 05'th Mar 2022 Whittier Daily News
All-Star center was arrested last month at a Moscow airport after a search of her luggage reportedly revealed vape cartridges containing oil derived from cannabis

WNBA''s Brittney Griner arrested in Russia on drug charges

04:35pm, Saturday, 05'th Mar 2022 Midland Daily News
WNBA All-Star Brittney Griner was arrested in Russia last month at a Moscow airport after a search of her luggage revealed vape cartridges. The Russian Customs Service said Saturday that the cartridges were identified as containing oil derived from cannabis, which could carry a maximum penalty of 10 years in prison. The customs service identified the person arrested as a player for the U.S. women''s team and did not specify the date of her arrest. Russian media reported the player was Griner, and her agent did not dispute those reports. “We are aware of the situation with Brittney Griner in Russia and are in close contact with her, her legal representation in Russia, her family, her teams, and the WNBA and NBA,” Griner''s agent Lindsay Kagawa Colas said Saturday. “As this is an ongoing legal matter, we are not able to comment further on the specifics of her case but can confirm that as we work to get her home, her mental and physical health remain our primary concern.” On Saturday, the State Department issued a “do not travel” advisory for Russia because of its invasion of Ukraine and urged all U.S. citizens to depart immediately, citing factors including “the potential for harassment against U.S. citizens by Russian government security officials” and “the Embassy’s limited ability to assist” Americans in Russia.
WASHINGTON—Federal Reserve Chair Jerome Powell warned Thursday that Russia’s invasion of Ukraine, which has already driven up oil…

Growing number of lawmakers call for ban on Russian oil

04:04pm, Saturday, 05'th Mar 2022 The Global Herald
ABC News published this video item, entitled "Growing number of lawmakers call for ban on Russian oil" - below is their description.
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