UJO

Union Jack Oil

Union Jack Oil B-1 rig mobilisation at West Newton

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has noted that Rathlin Energy (UK) Limited, the Operator of PEDL183, has communicated the following

Union Jack Oil

Oil markets continue recovering

Crude oil markets had dipped on Thursday but have recovered slightly during the day as we continue to try to recover from the big break down previously. Brent markets have also

Union Jack Oil

Oil edges up ahead of OPEC+ meeting

Oil was up on Tuesday morning in Asia, with investors short-covering ahead of an OPEC+ meeting later in the week. But gains were capped by the bleak outlook for global

Union Jack Oil

Oil surges with stronger equities

Oil jumped the most since June alongside a rally in broader equities markets, boosted by expectations of U.S. crude stockpiles extending their streak of declines. Futures in New York surged

Union Jack Oil

Union Jack Oil updates on North Kelsey prospect

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has noted the positive announcement made today by the Operator in respect of PEDL241 containing the

Union Jack Oil

Chinese demand fuels oil market recovery

Following last week’s price rally, oil prices move higher on Monday morning, on bullish demand figures coming from China. Additionally, U.S. dollar weakness contributed to last week’s price rally. Traders are also expecting deeper OPEC+

Union Jack Oil

Oil edges up today

Crude oil prices nudged higher on Monday as storms bore down on the Gulf of Mexico, shutting more than half the region’s oil production, although gains were capped by ongoing