United States Oil Fund Lp ETF News

EIA reports - US reduces stocks and strategic petroleum reserve by 3.2 million barrels and later this week - The reserves are now at the lowest level since June 2003 Yesterday the acting head of the EIA said that any release from the US strategic petroleum reserve (SPR) would have only short-lived impact on oil markets. By Greg Michalowski

Belarus has announced ?unscheduled repairs? are needed on a branch of the ?Friendship? pipeline carrying oil supplies from Russia through the country to a number of EU states, insisting that maintenance work will take three days. In a statement issued on Wednesday, Russian energy export giant Transneft said supplies could face short-term disruption. Spokesman Igor Demin told journalists he had be

The Antimonopoly Committee said it had identified cases of manipulation in the rise in petrol prices. The deputy chairman of the committee said that necessary measures would be taken and that there would be a change in prices in the next 10 days..

Residents in Southeastern Nigeria paid the highest average prices of Premium Motor Spirit (PMS), commonly known as petrol, in the month of October, at N167.32 per litre, while the Northeast paid the least average price at N164.46. This was disclosed by the National Bureau of Statistics (NBS) in its “Premium Motor Spirit (Petrol) Price Watch […]

Arab NewsDUBAI: Tehran has reported an explosion at an

The Federal Government has said the crude oil production in the country declined to an average of 1.6 million barrels per day this year on the back of theft and insecurity, among other factors. The government, through the Nigeria Upstream Petroleum Regulatory Commission, one of the two new regulators in the nations oil and gas [] The post FG Blames Theft, Insecurity, Others As Oil Production Plunges appeared first on InsideBusiness - Business News in Nigeria .

Jaipur: Amid pressure to reduce VAT after reduction in excise duty by the Centre on petrol and diesel, the Congress government in Rajasthan on Tuesday night announced to slash VAT to make petrol and diesel cheaper by Rs 4 per litre and Rs 5 per litre. respectively, from midnight. This will result in annual revenue Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

Record high prices of petrol mean that an average League One fan driving to remaining away games will have to pay an extra £67.30 compared to last seasons fuel prices.

Just when you thought Donald Trumps exit would mean OPEC could enjoy their carte blanche management of the oil markets, Joe Biden, just like every other US President, has found himself in a squabble with the oil cartel over the global prices of oil. With gasoline prices higher than last seen in 2008, a game []

Pump prices are still rising, hitting £1,50 per litre 2 weeks earlier than we predicted and despite recent stable wholesale costs. Yet the nations overall average published figures are misleadingly The post Time to fill up at the supermarkets & make a stand against rip-off pricing at the big oil firms forecourts appeared first on London Business News | Londonlovesbusiness.com .

Environmental concerns should put an end to a deal to pipe oil from the Gulf to Europe via Eilat, says Israel''s Energy Minister Karine Elharrar.

Abu Dhabi National Oil Co. announced Nov. 16 that it will acquire up to $6

SINGAPORE: US oil may rise into a range of $82.94 to $83.88 per barrel, as it has stabilized around a support zone of $78.95-$80.19. The stabilization suggests a completion of the fall from the Nov. 10 high of $84.97, which is categorised as a deep correction against the rise from the Nov. 4 low of $78.25. A break below $80.19 may cause a fall to $78.95. Wave pattern suggests the progress of a wave V, which consists of five smaller waves. The wave V-3 is unfolding rapidly towards $85.41, as it has a fierce character. On the daily chart, three long-shadowed spinning tops forming between Nov. 11 and Nov. 15 are good enough to confirm a completion of the drop. The uptrend from the Aug. 23 low of $61.74 remains steady and may have resumed towards a resistance at $85.14. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.

An oil ICYMI Saudi, UAE signal yet again that OPEC will not succumb to US pressure to pump faster ForexLive www.forexlive.com The post An oil ICYMI Saudi, UAE signal yet again that OPEC will not succumb to US pressure to pump faster ForexLive appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on November 16 was the same as yesterday. Price in Delhi and Mumbai continues to remain well above Rs 100 per litre mark.