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), 7.4 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 11.8 | Diversified Energy Company PLC (DEC:LON), 1,290 | Empyrean Energy PLC (EME:LON), 0.7 | GETECH Group plc (GTC:LON), 5.6 | Longboat Energy Plc (LBE:LON), 17.5 | Trinity Exploration & Production Plc (TRIN:LON), 47.5 | Wentworth Resources PLC (WEN:LON), 31.5

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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), 7.4 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 11.8 | Diversified Energy Company PLC (DEC:LON), 1,290 | Empyrean Energy PLC (EME:LON), 0.7 | GETECH Group plc (GTC:LON), 5.6 | Longboat Energy Plc (LBE:LON), 17.5 | Trinity Exploration & Production Plc (TRIN:LON), 47.5 | Wentworth Resources PLC (WEN:LON), 31.5
- 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 ....