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Oil prices rise amid supply cuts

Union Jack Oil

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 ...

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Oil prices finish higher

Union Jack Oil

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. ...

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Near-Term News Flow

Union Jack Oil

Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.

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Oil turns higher

Union Jack Oil

Oil futures reversed early losses to trade with strong gains Thursday, waving off data that showed an unexpected rise in U.S. crude inventories as traders focused on a fall in ...

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Oil rises on signs of firmer demand

Union Jack Oil

Oil prices rose on Wednesday amid signs of improving demand and a drawdown in U.S. crude inventories but worries over the economic fallout from the coronavirus pandemic capped gains. Brent ...

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