$136.74
-4.12 (-2.92%)
At Close: Jun 04, 2026
Uranium is lagging other energy prices – for now
10:00pm, Wednesday, 23'rd Feb 2022 Small Caps
Missing in action, but perhaps not for long. That’s the best way to see uranium, which promised much last year with an 88% rise from US$27 a pound to US$51/lb, before easing back to $US44/lb and sitting at that price while every other form of energy surges higher, including coal and oil. Russia’s well-telegraphed invasion […] The post Uranium is lagging other energy prices – for now appeared first on Small Caps .
An Environmental Disaster Is Unfolding In Venezuela
10:00pm, Wednesday, 23'rd Feb 2022 OilPrice com
An often overlooked and ignored aspect of Venezuela’s crisis is the considerable environmental degradation occurring at the hands of the OPEC member’s decrepit oil industry. Two decades of malfeasance, mismanagement, and corruption coupled with chronic under-investment in maintaining, repairing, and refurbishing industry infrastructure means oil spills are nearly an everyday occurrence. Frequent spillages of crude oil and emission of toxic gases, through flaring, as well as liquids from severely corroded infrastructure, including pipelines,…
US can sell extra crude oil from reserves - White House
09:56pm, Wednesday, 23'rd Feb 2022 Tass
The United States focuses on taking all the steps in cooperation with partners to mitigate consequences of sanctions on the world’s energy market, Jen Psaki added
API Reports First Crude Build In Five Weeks | OilPrice.com
09:56pm, Wednesday, 23'rd Feb 2022 OilPrice com
The API reported this week the first crude inventory build in 5-weeks time, while gasoline and distillate inventories continue to fall
API data reportedly show a 6 million-barrel weekly rise in U.S. crude supplies
09:49pm, Wednesday, 23'rd Feb 2022 MarketWatch
The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by about 6 million barrels for the week ended Feb. 18, according to sources. The API, which released its data a day later than usual due to Monday''s Presidents'' Day holiday, also reportedly showed a weekly inventory increase of 427,000 barrels for gasoline, while distillate stockpiles declined by 985,000 barrels. Crude stocks at the Cushing, Okla., delivery were down by 2.1 million barrels last week, sources said. Inventory data from the Energy Information Administration will be released Thursday. On average, the EIA is expected to show crude inventories down by 300,000 barrels, according to a survey of analysts conducted by S&P Global Platts. The survey also calls for weekly supply declines of 1.1 million barrels each for gasoline and distillates. Oil prices held their ground in the electronic trading session after the API data. April West Texas Intermediate crude was at $92.12 a barrel in electronic trading, after settling Wednesday at $92.10 on the New York Mercantile.
Oil ETF (USO) Hits New 52-Week High
03:04pm, Wednesday, 23'rd Feb 2022 Zacks Investment Research
This oil ETF hits a new 52-week high. Are more gains in store for this ETF?
As the stock market struggles, look at these 'hard-asset' commodity funds
12:50pm, Wednesday, 23'rd Feb 2022 MarketWatch
You can focus on oil, gold, funds with no annoying K-1 tax forms --- and there's even an indirect way to invest in lithium.
Lacson urges govt to ''call out Russia'' over Ukraine invasion
07:53am, Wednesday, 23'rd Feb 2022 The Manila Times
BATANGAS City: Presidential candidate and Sen. Panfilo "Ping" Lacson has urged the government to join other peace loving nations in calling out Russia on its plan to invade Ukraine. The senator made the remark on Wednesday when asked what the government should do amid the reported impending invasion of Ukraine by Russian forces. "Call out [Russia]," said Lacson in a chance interview here after meeting with local leaders and residents at the Batangas City Convention Center. "Sabagay maliit na boses lang tayo parang sa (We''re just a small voice just like the [worldwide] appeal on) climate change pero maski papano may boses tayo (but at least we''ll have a voice [on the matter]," he said. Lacson continued, "Wag natin sabihing malayo yung Ukraine sa atin ha (We should not say that we are far from Ukraine). Wag natin sabihing hindi tayo apektado (We must not say we are not affected [by the crisis]." "May tama tayo dyan pagka merong (We will be affected if there would be) full invasion, nagkagyera don (if war would erupt there," he explained.
Sri Lanka imposes power cuts amid fuel shortages as forex crisis deepens
07:49am, Wednesday, 23'rd Feb 2022 The New Indian Express
Sri Lanka''s worsening foreign-exchange shortage has seriously impacted the energy sector, which depends entirely on imports for its oil needs.
Nigeria says no need for extra OPEC+ supplies amid Iran talks
07:46am, Wednesday, 23'rd Feb 2022 Political Economist Nigeria
Feb. 23, 2022 There is no need for OPEC+ to expand its oil production increases, Nigerias petroleum minister said on Tuesday, even as oil nears $100 a barrel, as a potential deal between Iran and world powers will increase supplies. We dont have do anything extraordinary this time because we are expecting a lot of production, Timipre Sylva said on the sidelines of a gas exporters conference in Qatars capital Doha. OPEC+ cut supplies in 2020 as the COVID pandemic reduced global demand but began marginally increasing supplies. However overall production has remained well below pre-pandemic levels boosting prices to [] The post Nigeria says no need for extra OPEC+ supplies amid Iran talks appeared first on Political Economist .
Astringent Market Growth, Size, Share, Industry Report and Forecast 2021-2027
07:34am, Wednesday, 23'rd Feb 2022 OpenPR
The global astringent market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Astringents are water-based skincare products. They are used to remove excess oil from the skin, tighten pores, and remove leftover makeup. Additionally, astringent
From fuel price hike to China: What the Russia-Ukraine conflict means for India
07:30am, Wednesday, 23'rd Feb 2022 Economic Times India Energy
Biggest casualty is fuel prices as they are likely to go up by Rs 7-8 a litre since global crude priced inched closer to the $100/barrel mark.
ASX recovers ground, oil near $US100
07:30am, Wednesday, 23'rd Feb 2022 Business Australian News
Investors saw enough value in ASX stocks to lift the market despite uncertainty around how economic sanctions on Russia may affect global trade.
Sol Guyana to invest US$13.8M this year, new jetty completed
07:25am, Wednesday, 23'rd Feb 2022 Guyana Times
Sol Guyana Executives on Monday commissioned its new jetty at Rome Terminal in Agricola, East Bank Demerara. General Manager, Earl Carribon at the event announced that the company will invest US$13.8 million in Guyanas economy this year in light of Guyanas endless possibilities in the oil and gas sector. According to Carribon, construction of the [] The post Sol Guyana to invest US$13.8M this year, new jetty completed appeared first on Guyana Times .
China to release soybeans, soy oil from central reserves to boost supplies
07:13am, Wednesday, 23'rd Feb 2022 S&P Global Platts
The first month CFR China soybean physical flat price crossed the $700/mt mark for the first time since 2018, when it was assessed at $700.06/mt at the Asian close on Feb. 22, Platts data showed. The spike was fueled by rising freight rates, which were driven by higher crude oil markers on the back of the escalation in Russia-Ukraine tensions,
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