Union Jack Oil plc (LON: UJO, OTCQB: UJOGF), a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has announced a positive drilling update in respect of the Taylor
Oil prices experienced a slight increase on Monday as escalating conflict between Russia and Ukraine captured global attention. Brent crude rose by 55 cents (0.8%) to $71.59 a barrel, while
Oil prices remained steady near two-week lows on Wednesday, with markets cautiously eyeing global demand and recent OPEC projections. OPEC reduced its growth forecasts for oil demand in 2024 and
Oil prices surged over 2% on Monday following a decision by OPEC+ to delay an increase in production plans by one month. This adjustment in output comes amid anticipation surrounding
Union Jack Oil plc anticipates restarting production at the Keddington oil field, located in Lincolnshire’s East Lindsey district, in late 2024. The company, which holds a 55% stake in Keddington
Oil prices showed an increase on Tuesday after a significant drop of 6% in the prior session. The rise came as the United States outlined a plan to purchase oil
Oil prices experienced a modest recovery in Asian trading on Monday, following a significant drop of more than 7% last week. The fall was driven by concerns over weakening demand
Oil prices experienced an increase on Thursday, rebounding from two-week lows. Investors are closely monitoring the situation in the Middle East alongside China’s recently announced stimulus plans. At the same
On Monday, oil prices saw a significant rise, with Brent crude surpassing $80 per barrel for the first time since August. This surge, over 3%, was largely attributed to growing
Oil prices climbed for the second straight session on Monday, fuelled by worries over potential disruptions to supply in the Middle East. This followed intensified Israeli attacks on Hamas, as
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