United States Oil Fund Lp ETF News

The richest woman in Africa, Apostle Folorunso Alakija, has celebrated incredible men who are loving pillars to their families and communities. The billionaire oil mogul and philanthropist stated this on Friday, November 19, when she joined the world to mark International Mens Day. Alakija said that men are just as much in need of celebration [] The post Alakija celebrates men who are loving pillars to their families, communities appeared first on StraightNews .

Some US lawmakers are seizing on the energy price surge to revive long-standing legislation that would subject the OPEC oil cartel to the same antitrust laws used more than century ago to break up Standard Oils monopoly, Report informs, citing worldoil.

India has reportedly rejected the latest call to release the strategic petroleum reserves made earlier this week by US President Joe Biden, who insists that the measure would temper rallying crude oil prices. The US administration reached out to some of the world''s largest oil-consuming states, including China, India, Japan, and South Korea, according to several people aware of the development, a

European stocks retreated from record highs, while government bond yields, oil prices and the euro tumbled on Friday as the specter of a fresh Covid-linked lockdown in Germany and other parts of Europe cast a fresh shadow over the global economy.

BEIJING, Nov. 19 (Xinhua) -- China will cut the retail prices of gasoline and diesel starting Saturday, the country''s top economic planner said Friday. The prices of gasoline and diesel will go down by 95 yuan (about 14.88 U.S. dollars) per tonne and 90 yuan per tonne, respectively, according to the National Development and Reform Commission. Under the current pricing mechanism, if international crude oil

Nov. 19, 2021 The people of Nembe Basamri in Bayelsa on Thursday expressed concern over the air toxicity following prolonged exposure to gas and crude oil leaks from a nearby oil well operated by Aiteo Eastern Exploration Company. Recall that the oil firm had reported a leak from an oil well at its Santa Barbra South field within Oil Mining Lease (OML) 29 on Nov. 5 but community sources claimed that the leak was noticed on Nov 1. Residents at fishing settlements along the Nembe creeks have been living with the gas and crude discharge which has paralysed economic activities [] The post OML 29 well leak: Impacted communities raise alarm over air toxicity after death of toddler in suspected methane gas poisoning appeared first on Political Economist .

The people of Nembe Basamri in Bayelsa on Thursday expressed concerns over the air toxicity following prolonged exposure to gas and crude oil leaks from a nearby oil well operated by Aiteo Eastern Exploration Company. The oil firm had reported a leak from an oil well at its Santa Barbra South field within Oil Mining [] The post OML 29 well leak: Impacted communities cry out over risk to health appeared first on . .

Analysis: Environmentalists are worried the presence of large oil tankers in the Red Sea port of Eilat would endanger delicate coral reefs found there, and politics should not be taken into consideration in energy deals

Despite NNPC Claim, Fuel Marketers Predict N170/litre The pump price of Premium Motor Spirit, popularly called petrol, may rise from the current N162-N165/litre to N170/litre, while its depot price is projected to increase from N159/litre to N165/litre, oil marketers said on Thursday. Dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria [] The post Despite NNPC Claim, Fuel Marketers Predict N170/litre appeared first on Economic Confidential .

Given that Joe Biden turns 79 on Saturday, perhaps its no surprise he went old school attempting to deflect the problematic politics of rising gas prices. Hes blaming Big Oil. President Biden on Wednesday asked the Federal Trade Commission to investigate what is happening with oil and gas markets and bring all of the Commissions []

The Biden administration is scrambling to ease inflation concerns fueled by the rising energy prices. The latest move has asked China and some other large oil consumers to use their emergency reserves to cool down global prices. According to Reuters, President Joe Biden and his top aides have discussed a possible release of crude oil stockpiles […]

ALMOST half of UK drivers have said they will be forced to cut back on spending this Christmas as a result of record high petrol and diesel prices. Read more here Daily Express :: Cars Feed No end in sight: Petrol and diesel prices keep soaring with chilling impact on drivers

According to the company, the demand continues to grow

"It simply does not make sense to put oil company profits over the future of an inhabitable planet," said Christy Goldfuss from the Center for American Progress, a liberal think tank.

A seven-man Host Communities Oil and Gas Conflict Resolution and Peaceful Coexistence Committee from