Oil prices rebounded early on Wednesday, recovering after two straight sessions of losses, as expectations of hawkish Federal Reserve talk later in day and possible US crude stock drawdowns outweighed

Oil prices rose on Wednesday as investors awaited the outcome of the U.S. Federal Reserve’s June meeting after bullish oil demand growth forecasts from the International Energy Agency (IEA) and OPEC.

Oil prices edged higher on Wednesday as Saudi Arabia’s surprise weekend pledge to deepen output cuts outweighed weak Chinese export data and rising U.S. fuel stocks. Brent crude futures were

Oil steadied on Thursday as a potential pause in U.S. interest rate hikes and the passing of a crucial vote on the U.S. debt ceiling bill were offset by a

Union Jack Oil plc recorded its first net profit of £3,606,624 post tax from a 340% increase in oil revenues mainly from the Wressle joint venture in the East Riding

Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today. It also announced its first annual profit and

Union Jack Oil announced on Wednesday that it has achieved material landmark net revenues of over $15m from the Wressle hydrocarbon development, located within licences PEDL180 and PEDL182 in North Lincolnshire,