UJO

Union Jack Oil

Oil prices rise on declining US crude stocks

Oil prices continued their upward trend on Thursday, driven by a larger than expected decline in US crude inventories, the world’s largest oil consumer. Brent futures increased by 41 cents,

Union Jack Oil

Oil holds steady amid economic concerns

Oil prices maintained their stability on Monday, despite facing downward pressure from a stronger U.S. dollar and worries about demand in China, the world’s largest importer. The dollar strengthened as

Union Jack Oil

Steady rise in Oil Prices amid market optimism

Oil prices climbed in Asian trading on Friday, marking a third consecutive weekly increase. This rise is driven by growing expectations that the US central bank will soon lower interest

Union Jack Oil

Oil prices edge higher amid Middle East tension

Oil prices experienced a slight increase on Wednesday, despite an unexpected rise in U.S. gasoline supplies, as investors expressed concerns about potential disruptions in crude supplies from the Middle East