Oil prices rise amid Middle East tensions
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
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,
Union Jack Oil plc (LON:UJO, OTCQB:UJOGF), a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has announced a positive drilling update in respect of the Andrews 2-17 well,
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
Oil prices climbed on Monday, bolstered by forecasts of a supply deficit due to peak summer fuel consumption and OPEC+ cuts in the third quarter. Despite this, global economic headwinds
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
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
Oil futures experienced an upward trend on Thursday following the U.S. Energy Information Administration’s (EIA) report of a decline in crude oil inventories and data indicating a cooling jobs market.