Union Jack Oil, a company focused on onshore hydrocarbon production and exploration in the UK and USA, recently provided a positive update on its strategic expansion into the USA. The

Oil prices continued their upward momentum for the fifth consecutive session on Monday, building on the previous week’s gains of over 3%, as concerns about a US recession subsided and

Oil prices saw a rebound of 1% on Tuesday, recovering from the previous session’s losses. This increase was driven by concerns over supply due to escalating conflict in the Middle

Oil futures rebounded more than $1 a barrel from seven-week lows on Wednesday following the assassination of Hamas leader Ismail Haniyeh in Iran. This incident has heightened tensions in the

Crude oil prices began the week on an upward trend after a rocket strike on the Golan Heights rekindled fears of conflict escalation in the Middle East. Although prices remain

Oil prices increased in Asia on Monday as investors closely monitored signs that the US might start reducing interest rates as early as September. By 0651 GMT, Brent crude futures

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,

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 plc has commenced drilling its second joint venture well on the West Bowlegs prospect in Seminole County, Oklahoma. The operator, Reach Oil & Gas Company Inc, anticipates