United States Oil Fund Lp ETF News

The acute shortage of petrol ravaging the country entered the ninth day yesterday provoking over 50 per cent rise in transport fares in many parts of the country despite reassurances from both the Nigerian National Petroleum Company (NNPC) Limited and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that the situation would soon normalise. […]

The U.N. humanitarian chief says an agreement has been reached in principle on a U.N.-coordinated proposal that would transfer more than 1 million barrels of crude oil from a tanker that has been moored off the coast of war-torn Yemen since the 1980s to another ship

Wall Street stocks rebounded on Tuesday after Russia said that some troops have been withdrawn from the Ukraine border. Crude oil prices pulled back sharply. Asia-Pacific markets look set to open h…

ISLAMABAD: The government Tuesday significantly increased prices of petroleum products after crude oil hit an eight-year high in international market that will add to inflationary pressure in the economy and affect the household budgets of millions of Pakistanis. The government increased the…

NEW YORK: Oil tumbled over 4 percent from a seven-year high on Tuesday after Russia said some of its military units were returning to their bases after exercises near Ukraine, a move that appeared to de-escalate tension between Moscow and the West.It was not clear how many units were being…

Welcome to Tuesday’s Overnight Energy & Environment, your source for the latest news focused on energy, the environment and beyond. Subscribe here: thehill.com/newsletter-signup. Today we’re looking at the president’s comments on a…

Santos has more than tripled its annual underlying profit amid higher oil and LNG prices and flagged plans to review its assets and returns to shareholders after sealing a $21bn merger with rival Oil Search and delivering a bumper dividend to investors.

LIMA, Peru - Dozens of beaches near Lima were deserted and thousands of fishermen remained without work Tuesday, one month after an oil spill at a refinery created what the…

US major indices snap a three day losing streak Biden: Invasion remains distinctly possible Some of the geopolitical premium comes out of oil. How much is left? ECBs Villeroy: We will retain our full optionality about pace of normalization European major indices close higher in

The American Petroleum Institute (API) estimated the inventory draw this week for crude oil to be 1.076 million barrels after analysts predicted a larger draw of 1.769 million barrels. U.S. crude inventories have shed some 80 million barrels since the start of 2021 and about 22 million barrels since the start of 2020. Global crude stockpiles are also low. In the week prior, the API reported a draw in crude oil inventories of 2.025 million barrels after analysts had predicted a build of 675,000 barrels. Oil prices were trading down sharply on Tuesday…

Higher oil and gas prices drive a more than trebling in full-year profit and Santos has forecast a surge in output this year after the Oil Search merger.

Dozens of beaches near Lima are deserted and thousands of fishermen remain without work, one month after an oil spill at a refinery created what the United Nations called the worst ecological disaster in Peru’s recent history

United States API Weekly Crude Oil Stock climbed from previous -2.025M to -1.076M in February 11

A consumption boom and soaring prices for basics like oil, coal and coffee caused GDP to rocket 10.6% in 2021.

API reported crude inventories fell 1.1mb, relative to the DOE expectation for a draw of 1.6mb on the week.Crude inventories at Cushing fell 2.4mb on the week according to the…