United States Oil Fund Lp ETF News

Oils relentless march toward triple figures has already prompted political action from incumbents. India cut retail taxes on gasoline and diesel in November and theres been an unofficial freeze on prices since.Inflation, which breached the central banks 6% tolerance limit in January, points to a tough challenge for PM Modis BJP govt

SYDNEY, Feb 21 Asian share markets slid and oil surged today amid warnings Russia was set to invade Ukraine, risking sanctions that could trigger a further spike in energy costs and stoke global inflation. Russia upped the ante in the

European Commission President Ursula von der Leyen said Russia would be cut off from international financial markets and denied access to major exports needed to modernise its economy if it invaded Ukraine

U.S stock-index futures fell Sunday, amid even more urgent warnings from U.S. officials that a Russian invasion of Ukraine could come soon.

Feb 20, 2022 (Bloomberg)Oil prices could be set for a prolonged period above $100 a barrel over the next six to nine months, with the world setting fresh demand records this year, said Vitol Group Chief Executive Officer Russell Hardy. Crude already surged to within a few dollars of that level earlier this month, as Read more

While oil traders keep an eye on Russia, theyre also looking to a possible nuclear deal with Iran that could help add to global supplies.

Oil prices could be set for a prolonged period above $100 a barrel over the next six to nine months, with the world setting fresh demand records this year, said Vitol Group Chief Executive Officer Russell Hardy.

Vitol CEO speaking in Bloomberg intervieew. he sees oil prices at $100+ for ''a prolonged period'' at some point in the next 6-9 months supply will continue struggling to catch up with ''surging'' demand in the second half of this year says shale production is constrained and is not going t

Headlines via Reuters, not much here to sink your teeth into really: Kuwait oil minister says OPEC+ is very sensitive on how markets reactIraq oil minister says OPEC+ should continue with the current agreementIraq oil minister says we need to stick with current agreement to avoid surprise

Cost headwinds come amid improved Q3 showing, rising yields

Bloomberg Quicktake: Now published this video item, entitled "Peru''s Beaches Still Contaminated One Month After Oil Spill" - below is their description.

Exports fell slightly to 6.937 million bpd from 6.949 million bpd in November, according to monthly figures provided by Saudi Arabia and other oil-exporting countries to JODI

Saudi Arabia''s crude oil production has soared to over a million barrels per day, (bpd) according to data from the Joint Organizations Data Initiative

Fundamental outlook Last Wednesday, Russian troops retreated from Ukrainian border to Moscow. The war tension ebbed and WTI Crude prices waned from its seven-1/2 year high. The following day, Ukrainian Government blamed the pro-Russian separatists for attacking the villagers near the border. On Friday, President Joe Biden warned that Russia might attack Ukraine within []

Exports fell slightly to 6.937 million bpd from 6.949 million bpd in November, according to monthly figures provided by Saudi Arabia and other oil-exporting countries to the Joint Organizations Data Initiative (JODI).