Brent oil posted its longest run of quarterly losses in data going back more than three decades amid robust supplies and persistent concerns over demand.
Oil has faced worries about a potential global economic slowdown as well as a lacklustre recovery in China. Robust crude exports from Russia and Iran have kept supplies ample, outweighing a potential pickup in summer demand and production cuts from the Organization of Petroleum Exporting Countries.
The global benchmark settled below $75 ....
03 Jul 2023
Cenkos: Oil & Gas Sector -- Wentworth Resources, Trinity Exploration & Production, 88 Energy, Diversified Energy, Capricorn Energy, Serica Energy, i3 Energy, IOG, Zephyr Energy, Jadestone Energy, Nostrum Oil & Gas, Petrofac, ADM Energy, UK Oil & Gas, Molec
Falcon Oil & Gas Ltd. (FOG:LON), 10.8 | 88 Energy Limited (88E:LON), 1.2 | Chariot Limited (CHAR:LON), 1.4 | Diversified Energy Company (DEC:LON), 1,080 | Empyrean Energy PLC (EME:LON), 0.0 | GETECH Group plc (GTC:LON), 2.0 | Seascape Energy Asia PLC (SEA:LON), 62.0
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Cenkos: Oil & Gas Sector -- Wentworth Resources, Trinity Exploration & Production, 88 Energy, Diversified Energy, Capricorn Energy, Serica Energy, i3 Energy, IOG, Zephyr Energy, Jadestone Energy, Nostrum Oil & Gas, Petrofac, ADM Energy, UK Oil & Gas, Molec
Falcon Oil & Gas Ltd. (FOG:LON), 10.8 | 88 Energy Limited (88E:LON), 1.2 | Chariot Limited (CHAR:LON), 1.4 | Diversified Energy Company (DEC:LON), 1,080 | Empyrean Energy PLC (EME:LON), 0.0 | GETECH Group plc (GTC:LON), 2.0 | Seascape Energy Asia PLC (SEA:LON), 62.0
- Published:
03 Jul 2023 -
Author:
James McCormack -
Pages:
7 -
Brent oil posted its longest run of quarterly losses in data going back more than three decades amid robust supplies and persistent concerns over demand.
Oil has faced worries about a potential global economic slowdown as well as a lacklustre recovery in China. Robust crude exports from Russia and Iran have kept supplies ample, outweighing a potential pickup in summer demand and production cuts from the Organization of Petroleum Exporting Countries.
The global benchmark settled below $75 ....