Oil futures gained on Wednesday, buoyed by signs of improving energy demand after the Energy Information Administration reported a weekly rise in net U.S. petroleum imports and a decline in gasoline

The American Petroleum Institute (API) estimated on Tuesday a major draw in crude oil inventories of 8.156 million barrels for the week ending June 26. Analysts had predicted an inventory

Oil prices rose on Friday, extending gains from the previous day on optimism about recovering fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and indications

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has announced the acquisition of a further 3% of PEDL253 containing the Biscathorpe project and

Despite fears of a second wave of COVID-19, oil markets rebounded last week, showing signs of improving fundamentals as global supplies continue to tighten. On Friday, Brent closed at $42.19,

Oil prices climbed Thursday, nearing their highest levels since early March with traders expecting supply cuts to help balance the crude market. U.S. crude futures for delivery in July ended

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has published the positive conclusions of a Carbon Intensity Study on the West Newton hydrocarbon

Oil futures finished higher on Wednesday, buoyed by weakness in the dollar that followed the Federal Reserve’s announcement that it plans to keep interest rates at near zero through 2022.

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has announced that it has agreed to acquire a further 12.5% economic interest in PEDL180