Oil posted the biggest weekly gain since early March as signs emerged of a recovery from the pandemic gaining traction in the US and China.
Futures in New York advanced 6.4% this week, despite eking out a small loss on Friday. On the heels of robust economic figures out of the US, data from China showed its gross domestic product climbed 18.3% in the first quarter from a year prior as consumer spending beat forecasts. In March, China's refiners processed about 20% more crude than a year earli ....

19 Apr 2021
Cenkos: Oil & Gas Sector -- Empyrean Energy, United Oil & Gas, 88 Energy, Independent Oil & Gas, Touchstone Exploration, Serica Energy, Sound Energy, Gran Tierra Energy, Coro Energy, ENI SpA, Europa Oil & Gas, Helium One, JKX Oil & Gas, Borders & Southern

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Cenkos: Oil & Gas Sector -- Empyrean Energy, United Oil & Gas, 88 Energy, Independent Oil & Gas, Touchstone Exploration, Serica Energy, Sound Energy, Gran Tierra Energy, Coro Energy, ENI SpA, Europa Oil & Gas, Helium One, JKX Oil & Gas, Borders & Southern
Falcon Oil & Gas Ltd. (FOG:LON), 10.8 | 88 Energy Limited (88E:LON), 1.0 | Diversified Energy Company PLC (DEC:LON), 931 | Empyrean Energy PLC (EME:LON), 0.1 | GETECH Group plc (GTC:LON), 2.2
- Published:
19 Apr 2021 -
Author:
James McCormack -
Pages:
8 -
Oil posted the biggest weekly gain since early March as signs emerged of a recovery from the pandemic gaining traction in the US and China.
Futures in New York advanced 6.4% this week, despite eking out a small loss on Friday. On the heels of robust economic figures out of the US, data from China showed its gross domestic product climbed 18.3% in the first quarter from a year prior as consumer spending beat forecasts. In March, China's refiners processed about 20% more crude than a year earli ....