Oil posted its sixth straight weekly gain, the longest streak in more than a year, after OPEC+ heavyweights Saudi Arabia and Russia extended supply curbs into next month and US stockpiles sank by a record.
West Texas Intermediate settled above $82 a barrel, taking gains during the six-week span to about 20%. Saudi Arabia said Thursday it would extend its unilateral 1 million barrel-a-day output cut into September and that the move could be prolonged further or even deepened. Russia will exten ....

07 Aug 2023
Cenkos: Oil & Gas Sector -- Chariot, Falcon Oil & Gas, 88 Energy, Longboat Energy, bp, IOG, Predator Oil & Gas, Gran Tierra Energy, Harbour Energy, Jadestone Energy, Genel Energy, Panoro Energy, Parex Resources, ConocoPhillips, APA Corp, Maurel et Prom
Falcon Oil & Gas Ltd. (FOG:LON), 7.4 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 11.8 | Longboat Energy Plc (LBE:LON), 17.5

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Cenkos: Oil & Gas Sector -- Chariot, Falcon Oil & Gas, 88 Energy, Longboat Energy, bp, IOG, Predator Oil & Gas, Gran Tierra Energy, Harbour Energy, Jadestone Energy, Genel Energy, Panoro Energy, Parex Resources, ConocoPhillips, APA Corp, Maurel et Prom
Falcon Oil & Gas Ltd. (FOG:LON), 7.4 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 11.8 | Longboat Energy Plc (LBE:LON), 17.5
- Published:
07 Aug 2023 -
Author:
James McCormack -
Pages:
8 -
Oil posted its sixth straight weekly gain, the longest streak in more than a year, after OPEC+ heavyweights Saudi Arabia and Russia extended supply curbs into next month and US stockpiles sank by a record.
West Texas Intermediate settled above $82 a barrel, taking gains during the six-week span to about 20%. Saudi Arabia said Thursday it would extend its unilateral 1 million barrel-a-day output cut into September and that the move could be prolonged further or even deepened. Russia will exten ....