United States Oil Fund Lp ETF News

Brent crude futures rose $1.09 to $81.89 a barrel by 1054 GMT, while U.S. West Texas Intermediate crude futures gained $1.17 to $79.02

Indian airlines are staring at a double whammy

Taylor Energy to pay more than $43m in clean-up costs, penalties and damage, and transfer $432m clean-up fund

PUTTING the right amount of petrol in your car is even more important now prices are at record levels. But any driver knows how difficult it is to try and stop the fuel flowing at just the right moment. Getting it wrong can cost you. If youve only got a certain amount of cash in []

Todays Talking Point Oil update Analysis: Oil is heading for a weekly gain, with prices supported by easing fears over the Omicron variant and the lifting of a lot of the travel restrictions that were initially implemented when it was discovered. The front-month Brent contract is trading just above $76 per barrel as we head [] The post Sasfin : Forex Daily Market Oil is heading for a weekly gain appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

By Newsday INVICTUS Energy, the firm that is exploring for oil and gas in Zimbabwes Muzarabani district, halted trading on the Australia Stock Exchange (ASX) on Thursday, saying it was working out a fresh funding deal. Invictus did not disclose the nature of the transaction, but it revealed two weeks ago that it would be The post Invictus Halts ASX Trading appeared first on NewZimbabwe.com .

Fish & Wildlife chemical analysis determined the source of oil spotted December 10. The post Slick Off Platform Holly Confirmed to Be a Natural Seep appeared first on The Santa Barbara Independent .

Under deal, Sri Lanka will export tea to Iran every month to settle a $251m debt for Iranian oil supplied to it 9 years ago

Welcome to Net Zero, your daily industry brief on clean energy and Canadian-resource politics. The Lead Taylor Oil Co. has agreed to turn over a $432-million cleanup trust fund, as well as pay $43 million in civil penalties, to settle a federal lawsuit involving the longest-running oil spill in American history, according to federal prosecutors. []

Sri Lanka has announced plans to send tea to Iran to settle its debt for past oil imports. The barter will help the South Asian country avoid US sanctions for trading with Tehran and save its dwindling foreign currency reserves. Read Full Article at RT.com

By Samuel Oyadongha & Emem Idio, Yenagoa The regulatory agencies investigating the November 5 oil spill at Oil Mining Lease (OML) 29 at Nembe, Bayelsa The post Experts link Nembe oil spill to sabotage, as Bayelsa govt kicks appeared first on Vanguard News .

There''s a strong seasonal tailwind for oil starting in mid-January and running for a few months but the first big hurdle will be rebounding from the omicron swoon. WTI has struggled to recoup the 50% retracement level at $73.72. It rose as high as $73.33 today in a one-cent rise above the prior Dece

PHILIPPINE stocks on Thursday climbed on bargain hunting after three days of decline in part after news that the country improved in the pandemic resilience ranking. The Philippine Stock Exchange index (PSEi) gained 128.86 points or 1.81% to close at 7,248.05, while the broader all shares index rose 41.23 points or 1.08% to 3,838.45. The local bourse gained as investors hunt for bargains after the market declined for three consecutive days. In addition, the Philippines improvement in Bloombergs COVID-19 resilience ranking has provided a positive sentiment as well, Philstocks Financial, Inc. Senior Research and Engagement Officer Claire T. Alviar said in a Viber message. After being at the bottom of the list for three consecutive months, the Philippines has finally inched up three spots from being the worst country to be in the time of the pandemic, according to Bloombergs coronavirus disease 2019 (COVID-19) resilience report for December. Philippine shares made a complete turnaround from Thursdays selling, closing broadly higher as investors momentarily brushed aside fears from the spreading of the Omicron variant, Regina Capital Development Corp.

While WTI is trading rather weakly, it remains well supported above $73.00 after falling to $72.20. Despite this weeks recovery from lows of $66, the oil price is likely to remain sharp in the headlines. Omicron news will remain the main driver of risk appetite. WTI prices were quite low on Thursday, with deteriorating liquidity Continued The post WTI Price Probes $73 amid Risk-on as Omicron Fear Recedes appeared first on Forex Crunch .