Optimism among oil traders is rising despite mixed signals from the world’s top oil consumers, largely thanks to signs that pressure is easing between Washington and Beijing and the latter’s

Union Jack Oil (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has today announced an update on the Extended Well Test at the West Newton A-2 appraisal

Oil prices rose by more than 1 percent early on Thursday after U.S. President Donald Trump said that the United States was very close to some sort of a deal

Oil prices fell on Friday, but were set for weekly gains ahead of the OPEC+ meeting which kicked off Friday in Vienna. The Organization of the Petroleum Exporting Countries (OPEC)

Oil futures settled higher on Monday, buoyed after signs of a rebound in manufacturing activity in China as well as the potential for OPEC and its allies to agree on

Union Jack Oil (LON:UJO) has raised £5m by way of a placing and subscription at a price of 0.15p/share. The proceeds will be deployed across the Company’s interests in highly

Union Jack Oil (LON:UJO), a UK-focused onshore hydrocarbon production, development and exploration company, has announced that it has raised £5 million by way of a placing and subscription of 3,333,333,326 new

Some analysts see the world dodging a recession next year, which provides some upward room for oil prices. Last week, the IEA warned last week that “the hefty supply cushion” building up

The resources of a major onshore oil find have been upgraded, with analysts saying it could become the “largest” of its kind in the UK. Union Jack Oil, a partner

Union Jack Oil (LON:UJO), a UK focused onshore conventional hydrocarbon production, development and exploration company has announced an update from Rathlin Energy (UK) Limited, in respect of the estimated in-place