Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve.
Futures gained 1.1% in New York on Friday to the highest since late January, while Brent crude remained just under $60 a barrel in London. The number of vessels sailing toward China jumped to a six-month high on Friday, suggesting the world's largest importer may be piling back into the oil market. Meanwhile, crude stockpiles tied to oil f ....
08 Feb 2021
Cenkos: Oil & Gas Sector -- United Oil & Gas, 88 Energy, BP, ExxonMobil, ConocoPhillips, Royal Dutch Shell, EnQuest, Aker BP, Savannah Energy, Jadestone Energy, Wentworth Resources, PetroTal, Equinor, OMV AG
Falcon Oil & Gas Ltd. (FOG:LON), 10.3 | 88 Energy Limited (88E:LON), 1.0 | Diversified Energy Company PLC (DEC:LON), 1,010 | Empyrean Energy PLC (EME:LON), 0.1
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Cenkos: Oil & Gas Sector -- United Oil & Gas, 88 Energy, BP, ExxonMobil, ConocoPhillips, Royal Dutch Shell, EnQuest, Aker BP, Savannah Energy, Jadestone Energy, Wentworth Resources, PetroTal, Equinor, OMV AG
Falcon Oil & Gas Ltd. (FOG:LON), 10.3 | 88 Energy Limited (88E:LON), 1.0 | Diversified Energy Company PLC (DEC:LON), 1,010 | Empyrean Energy PLC (EME:LON), 0.1
- Published:
08 Feb 2021 -
Author:
James McCormack -
Pages:
8 -
Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve.
Futures gained 1.1% in New York on Friday to the highest since late January, while Brent crude remained just under $60 a barrel in London. The number of vessels sailing toward China jumped to a six-month high on Friday, suggesting the world's largest importer may be piling back into the oil market. Meanwhile, crude stockpiles tied to oil f ....