United States Oil Fund Lp ETF News

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 Biden administration has once again put a pause on new leases and permits for federal oil and gas drilling after a judge blocked the administration from using a metric that estimates the societal cost of carbon emissions.

RIYADH, Feb 21 (Reuters) - Oil giant Saudi Aramco 2222.SE is seeing signs of more demand around the world, especially in Asia, CEO Amin Nasser said on Monday. Speaking at a conference in Saudi Arabia, Nasser added that while the supply of oil is close

The Trade Union Congress (TUC) has threatened to issue an industrial strike by stopping its members from going to work if the persisting petrol scarcity is not addressed. The discovery of petrol with methanol above Nigerias specification had caused scarcity and resulted in long queues in filling stations across the country. Mohammad Yunusa, TUC treasurer, while speaking with journalists on Sunday, asked the federal government to identify and punish those behind the scarcity. Continue reading TUC Threatens Industrial Strike Over Continuous Fuel Scarcity at BizWatchNigeria.Ng.

Fresh diplomatic efforts to resolve the Ukraine crisis provided some relief from supply concerns that have kept oil prices near $100 a barrel

Except bank, all other sectoral indices ended in red with capital goods, FMCG, metal, oil and gas, pharma, power, and realty down 1-2 percent. BSE midcap and smallcap indices fell by 0.8-2.2 percent.

Oil prices have made their first weekly drop since the beginning of the year before recovering on Monday Global crude prices dropped for the week ending Sunday for the first

February 21, 2022 2:31 PM LONDON (BLOOMBERG) - The shipping industry is starting to feel the full force of surging diesel and petrol costs.

Ongoing Russia-Ukraine conflict, rising crude oil prices and relentless selling by foreign portfolio investors (FPIs) continued to put pressure on domestic shares.

(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