United States Oil Fund Lp ETF News

Read more about Markets are not fully pricing in headwinds; can fall more: Analysts on Business Standard. If the oil prices rise up to $105 - $110 per barrel, a 10 per cent fall in the Sensex and Nifty is possible, say analysts

I am hoping India is set up for an extended investment cycle similar to what we saw between 2002-2003 to 2009.

TOKYO: Japan''s Nikkei share average sank on Monday as disappointing financial results knocked down some industrial companies, while worries about a faster pace of global monetary tightening simmered in the background. The Nikkei cut some of its morning losses to end the day down 0.70% at 27,248.87, with a 0.99% drop making industrials the hardest hit sector. Heavyweight chipmakers and shippers also declined. The broader Topix, meanwhile, slipped 0.24%. Growth stocks struggled, with an index of the shares dropping 0.88%, compared to a 0.36% rise for the Topix value index. Samsung, Blue Ocean launch US stock trading during South Korean business hours Financial shares gained with higher bond yields, after a bumper US employment report on Friday raised expectations for aggressive Federal Reserve interest rate hikes. Energy shares also rose, boosted by rising crude oil prices. Despite the overall decline in the Nikkei, winners outnumbered losers 115 to 101, with nine stocks flat. "The bullish US jobs report has strengthened concern about aggressive monetary tightening, but market moves should be fairly calm until the Fed''s meeting in March," said a market participant at a domestic securities firm. "This week, the main focus should be earnings." Olympus Corp was the biggest decliner on the Nikkei, slumping 12.22%, weighed down by weak earnings.

If the United States lifts sanctions on Iran, the country could boost oil shipments, The post Oil eyes potential conclusion of U.S.-Iran talks first appeared on Trading and Investment News .

Asian refiners are broadly unfazed by the escalating tensions between Washington and Moscow as the companies do not expect any severe disruption to Russian crude trades in the region, while Russian oil makes up only a small portion of many Asian countries'' refinery feedstock import baskets with many alternatives seen available. Far East Russian crude grades including ESPO Blend, Sokol

Headway on reviving a deal restricting the Opec country''s weapons development would boost crude supply

Australia shares fell on Monday as Australia and New Zealand Banking Group slumped 5% to touch a near one-year low after flagging a hit to margins and also dragged down stocks of other heavyweight lenders. The S&P/ASX 200 was down 0.4% at 7,092.5, as of 1137 GMT. The benchmark closed 0.6% higher on Friday. Banks dropped 1.3% in their worst intraday session since Jan. 27, with ANZ slumping after the lender joined Westpac in flagging a hit to margins due to stiff competition in mortgage lending and the central bank''s ultra-loose policy settings. The other lenders among the "Big Four" fell between 0.9% and 1.6%. Australia shares set for biggest weekly gain since late-December Casino operator Star Entertainment shed 0.9% after it forecast a first-half loss and said it would need to remediate employees it had underpaid over six years. Healthcare stocks retreated 1.1%, led by biotech major CSL Ltd sliding 1.2%. Sonic Healthcare and Cochlear dropped about 0.8% each. By contrast, Graincorp soared 12.9% after the agribusiness firm forecast an at least 70% growth in full-year profit, driven by global demand for Australian grain and oilseeds.

The Asian light ends markets were expected to get support in the Feb. 7-11 week from the strength in crude oil futures, with gasoline bolstered by improving driving activity and a recovering economy as concerns over COVID-19 ease. The naphtha market was seen balanced between tight supply from the West to Asia and demand softened by poor olefins margins, while

Oil and gas markets will keep an eye on the geopolitical fallout of stronger energy ties between Russia and China

With the global energy transition in full swing, few clean energy sectors, if any, are expanding faster than the electric car market. A decade ago, a grand total of 130,000 EVs were sold globally; fast forward to the present, and nearly a similar number are sold in just a week. To use a cliché, the EV sector has truly been playing chess while everyone else plays checkers, with sales of battery-electric and plug-in hybrid combined more than doubling last year to around 6.6 million vehicles. EV sales accounted for 8.6% of the global

Canadian companies planning to exit businesses are tapping into a robust pandemic-era mergers and acquisitions market

The US restored a waiver that that had been rescinded by Trump in May 2020 that allowed Russian, Chinese and European companies to carry out non-proliferation work at Iranian nuclear sites. Info is here for more This is a slight warming of US-Iran relations. At the margin this is a negative f

Aramco, which is majority owned by the Saudi government, has hiked prices for its customers in Europe, the US and Asia.

The exchange rate between Canada and the U.S. strongly correlates to the price of oil, and it''s largely due to the way Canada earns U.S. dollars.

The share of OPEC in global oil production has been falling in recent times