United States Oil Fund Lp ETF News

Oil prices could soar to $120 a barrel if Russia''s crude exports are derailed by tensions with Ukraine, according to projections from JPMorgan.

UGO AMADI The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021. A breakdown of the figures captured in the August 2021 NNPC Monthly Financial and Operations Report (MFOR) indicates that export of crude oil amounted to [] The post NNPC Records $224.29million Proceeds from Export of Crude Oil, Gas in August appeared first on Champion Newspapers LTD .

Oil prices are hovering around $90 per barrel on both major benchmarks as talks between Iran and the US weighed down prices.

The Nigerian National Petroleum Company, NNPC, Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021. The figure is contained in a statement signed on Wednesday by the Group General Manager, Group Public Affairs Division of the NNPC, Garba-Deen Muhammad, in Abuja. According to the […] The post NNPC generates $224.29m revenue from crude oil, gas exports in August appeared first on Daily Nigerian .

Thegeniusmedia BREAKING: NNPC Records $224.29Million Proceeds From Export of Crude Oil, Gas in August The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021. A breakdown of the figures captured in the August 2021 NNPC Monthly Financial and Operations Report (MFOR) indicates that export of crude oil amounted to $7.77million while […] www.thegeniusmedia.com.ng

New Delhi, Feb 9 (PTI) Congress leader Kapil Sibal on Wednesday slammed the government for increasing excise duty on petrol and diesel, alleging its tax regime is worse than that of Mughal ruler Aurangzeb. During the second day of the discussion on the union budget 2022-23, Sibal said that in 2014, the price of petrol […]

An agreement could lift US sanctions on Iranian oil and quickly add supply to the market, although a number of vital issues still need to be ironed out

Goldman Sachs sees oil prices as poised to go much higher. These five top energy infrastructure companies offer reasonably safe and reliable distributions, and their stocks look like solid plays now and are Buy-rated at major Wall Street firms.

Shortages of diesel and other distillate fuel oils have emerged as a key bottleneck in the oil market and will exert upward pressure on oil and fuel prices until the global economy moves onto a slower growth trajectory.

The visiting foreign minister of Somaliland has invited Taiwan to invest in his countrys oil and businesses, as the self-declared East African country resists pressure from Beijing over exchanging de facto embassies with the island.Taiwan has been left with just one formal ally in Africa the tiny landlocked eSwatini in the continents south. That follows years of diplomatic tussles with Beijing, which views self-ruled Taiwan as its territory and says it has no right to establish official

Roche suggested that many investors were underestimating the potential ramifications of the Russia-Ukraine crisis.

By Evelyn Usman Outgone Flag Officer Commanding ,FOC Western Naval Command of the Nigerian Navy, Rear Admiral Jason Gbassa, yesterday, disclosed that 74 persons were arrested for offences ranging from drug trafficking, pipeline vandalism, and sea robbery within the commands area of responsibility in the South West last year. Recovered were 178,650 litres of stolen Premium Motor Spirit , 29 vehicles and other equipment valued at over N500 million. READ ALSO: Vandalism: Navy arrests 13 suspects, recovers 3m litres of crude oil in River s Rear Admiral Gbassa, who disclosed this while reeling out the commands achievements in 2021, during his farewell parade at the NNS Beecroft parade ground in Lagos, revealed that several high-profile vessels and persons involved in drug trafficking were arrested during the period under review. According to him, those arrested include MV CHAYENEE NAREE and MT KARTERIA conveying cocaine from Brazil to Nigeria. He said the arrest effectively disrupted the international illegal trade on the route.

European stock markets made broad gains in early trade on Wednesday, buoyed by a strong lead from tech after a rally in the US and a positive handover

OPEC and its allies continue to underperform their increasingly lofty oil production targets, with the group falling a record 700,000 b/d short of its collective quotas in January, according to the latest S&P Global Platts survey. OPEC''s 13 countries raised output by 150,000 b/d from December, pumping 28.19 million b/d of crude, while the nine non-OPEC partners, led by Russia,

WTI crude dropped to $88.60 then climbs back up to $89.40