UJO

Union Jack Oil

Oil prices rise as dollar slips

Oil prices edged up on Monday as the US Dollar slipped and supply concerns mounted over the Biden Administration slamming Iranian oil with tighter sanctions in light of the Islamic

Union Jack Oil

Oil up 2% as war rages in Middle East

Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil supplies and ahead of an expected US Federal Reserve announcement that could

Union Jack Oil

Oil rises ahead of key central bank meetings

Oil prices rose in early Asian trade on Tuesday ahead of global central bank meetings and as tensions in the Middle East remained high. Brent crude futures LCOc1 rose 46 cents, or

Union Jack Oil

Wressle workover successful

The workover of the well at the UK’s newest producing onshore oilfield has been “successfully concluded”, one of the partners reported today. Union Jack Oil said in a statement that a new

Union Jack Oil

Oil set for second week of gains

Oil prices extended gains on Friday and were on track to rise for a second week on heightened fears that the Israel-Gaza crisis may spread in the Middle East and

Union Jack Oil

Oil rises 2% on US crude storage draw

Oil prices climbed about 2 per cent to a two-week high on Wednesday, October 18, on a bigger-than-expected US storage draw and as rising tensions in the Middle East threaten

Union Jack Oil

Union Jack Oil workover rig at Wressle update

Union Jack Oil plc (LON:UJO) a UK focused onshore hydrocarbon production, development and exploration company has announced that workover operations on the Wressle-1 well to install a downhole jet pump and recomplete

Union Jack Oil

Oil prices surge on Israel-Hamas clashes

Oil prices surged more than 2% on Monday as military clashes between Israel and the Palestinian Islamist group Hamas ignited fears of a wider conflict in the Middle East. Brent

Union Jack Oil

Permit change at West Newton-B

In a statement, Union Jack Oil plc announced that the Environment Agency had issued a permit variation for the West Newton-B well site in Holderness. The variation will allow the use

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