Oil climbed alongside risk assets, with attention focusing on this weekend's OPEC+ meeting in Vienna.
OPEC and its allies are expected to weigh disappointing Chinese economic indicators and the effects of the deal to raise the US debt ceiling as they consider output levels at this weekend's gathering. Many market watchers project OPEC+ will keep output levels unchanged, though the group's cuts unveiled in April surprised traders, and Saudi Arabia's energy minister recently warned speculators ....

05 Jun 2023
Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, Empyrean Energy, Longboat Energy, Ithaca Energy, Kistos, Savannah Energy, United Oil & Gas, Reabold Resources, Rockhopper Exploration, Baron Oil, Arrow Exploration, Nostrum Oil & Gas, Southern E
Falcon Oil & Gas Ltd. (FOG:LON), 6.8 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 13.8 | Diversified Energy Company PLC (DEC:LON), 1,306 | Empyrean Energy PLC (EME:LON), 0.7 | GETECH Group plc (GTC:LON), 5.6 | Longboat Energy Plc (LBE:LON), 18.1 | Trinity Exploration & Production Plc (TRIN:LON), 47.5 | Wentworth Resources PLC (WEN:LON), 30.5

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Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, Empyrean Energy, Longboat Energy, Ithaca Energy, Kistos, Savannah Energy, United Oil & Gas, Reabold Resources, Rockhopper Exploration, Baron Oil, Arrow Exploration, Nostrum Oil & Gas, Southern E
Falcon Oil & Gas Ltd. (FOG:LON), 6.8 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 13.8 | Diversified Energy Company PLC (DEC:LON), 1,306 | Empyrean Energy PLC (EME:LON), 0.7 | GETECH Group plc (GTC:LON), 5.6 | Longboat Energy Plc (LBE:LON), 18.1 | Trinity Exploration & Production Plc (TRIN:LON), 47.5 | Wentworth Resources PLC (WEN:LON), 30.5
- Published:
05 Jun 2023 -
Author:
James McCormack -
Pages:
8 -
Oil climbed alongside risk assets, with attention focusing on this weekend's OPEC+ meeting in Vienna.
OPEC and its allies are expected to weigh disappointing Chinese economic indicators and the effects of the deal to raise the US debt ceiling as they consider output levels at this weekend's gathering. Many market watchers project OPEC+ will keep output levels unchanged, though the group's cuts unveiled in April surprised traders, and Saudi Arabia's energy minister recently warned speculators ....