United States Oil Fund Lp ETF News

Experts have expressed divergent views over the International Monetary Fund (IMF) advice to the Federal Government to ensure total removal of electricity and petrol subsidies. [] The post Reactions trail IMF advice on electricity, fuel subsidy removal appeared first on National Accord Newspaper .

WASHINGTON (dpa-AFX) - Oil prices fell slightly on Thursday after data showed a modest increase in U.S. crude stockpiles in the week ended November 19.Investors also continued to weigh the impact …

Tribune Online Climate change: Rep member warns over imminent danger A member of the House of Representatives, representing Ovia Federal Constituency of Edo State, Mr Dennis Idahosa, has warned the Federal Government of the danger of relying solely on oil revenue, without harnessing other sources of revenue, in the face of the implementation of the resolutions of the 26th meeting of the Conference Parties to [] Climate change: Rep member warns over imminent danger Tribune Online

(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-0176876508545781", enable_page_level_ads: true }); NLC President, Comrade Ayuba Wabba, made the call in a statement he issued to newsmen in Abuja, entitled: ”Nigerian workers refused to take the bait’’. According to him, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, announced that petrol could cost as much as N340 from February 2022. Wabba described as

The UAE, which is the fourth biggest oil producer in the OPEC+ agreement, has announced that it doesn’t yet have a definite position before the ministerial meeting scheduled for December 1-2

The Zamfara State Taskforce Committee on Compliance to Gov. Bello Matawalles Executive Order on insecurity has ordered the closure of a filling station and bakery in Gusau and Tsafe local government areas of the state. Chairmen of Committee, Abubakar Dauran, gave the order on Wednesday shortly after security forces arrested four suspects for alleged supplying [] The post Zamfara govt closes filling station, bakery for suppling petrol, bread to bandits appeared first on . .

One in six VLCCs currently trading have carried oil from sanctions-hit Venezuela and Iran over the past 24 months, new research shows, underscoring how large the illicit oil shipment business has become during what has been one of the worst earnings periods for tankers in a generation. Of the 853 VLCCs currently afloat, 141 have

The United Arab Emirates is "fully committed" to the oil output agreement between the Organization of the Petroleum Exporting Countries and several other oil-producing nations, the country

Naija News looks at the top happenings making headlines on the front pages of Nigerias national newspapers today Thursday, November 25 2021. The PUNCH leads with a report that Nigerians will spend about N6.732tn on the purchase of Premium Motor Spirit, popularly called petrol, within a period of 12 months once the Federal Government stops [] This article was originally published on Naija News

Most stock markets in Asia-Pacific traded in the negative territory after the Bank of Korea (BOK) raised its interest rates by 0.25% to 1%. Meanwhile, China confirmed that it will release oil from eme…

The US government is worried about their high headline inflation (CPI) rate at 6.2%, which is the highest in more than the last 30 years. (Also read: India Will Release Strategic Petroleum For The First Time, Crude Oil Prices Expected To Fall)

Analysts at Goldman Sachs offer their take on the US oil release from the Strategic Petroleum Release (SPR) and any ban of oil exports from the US. Ke

The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks slumped -5.98 mmb to 1217.89 mmb in the week ended November 19. Crude oil inventory added +1.02 mmb to 434 mmb, compared with consensus of a -0.48 mmb increase. Inventory increased in 3 out of [] The post US Crude Inventory Surprisingly Increased appeared first on Action Forex .

The disappearance of a tycoon at the centre of an oil smuggling and money laundering racket in the South just hours after his arrest early this month dealt a heavy blow to the Royal Thai Police (RTP). His high-profile escape drew public attention and tarnished the battered reputation of the justice system.

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has constituted a Committee under the chairmanship of Special Assistant to the Prime Minister on CPEC, Khalid Mansoor, for preparation of oil storage capacity enhancement plan at Keamari, keeping in view existing storage capacities at ports, official sources told Business Recorder . The Federal Cabinet, which met on November 23, 2021 with Prime Minister in the chair, has also endorsed the terms of the committee. On November 18, 2021, the CCoE was briefed about construction of oil storage at oil installation area (OIA) Keamari. The Ministry of Maritime Affairs which was working on the proposal for the last several months submitted their summary wherein it was proposed that the ban imposed in 1984 on further construction of storage at the KPTs Oil Installation Areas (OIA), Keamari, Karachi, may be lifted. Furthermore, the KPT may be allowed to allocate land in OIA to registered Oil Marketing Companies (OMCs) and oil refineries operating in Pakistan after fulfilling all codal regulatory and procedural requirements, for construction of additional oil storage.