Oil rallied to the highest in nearly two years in New York after OPEC+ shocked markets with a decision to keep supply limited as the global economy starts to recover from a pandemic-driven slump.
US benchmark crude futures topped $66 a barrel on Friday, while its global counterpart Brent neared the key $70 level. The producer alliance's supply curbs and the rollout of Covid-19 vaccines have aided a stellar rebound for crude from the depths of the coronavirus-related fallout. OPEC+'s surprise ....

08 Mar 2021
Cenkos: Oil & Gas Sector -- Westmount Energy, 88 Energy, Jersey Oil & Gas, Pantheon Resources, Seplat Petroleum Development Company, Tethys Oil, Touchstone Exploration, SDX Energy, Hurricane Energy, Hunting

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Cenkos: Oil & Gas Sector -- Westmount Energy, 88 Energy, Jersey Oil & Gas, Pantheon Resources, Seplat Petroleum Development Company, Tethys Oil, Touchstone Exploration, SDX Energy, Hurricane Energy, Hunting
Falcon Oil & Gas Ltd. (FOG:LON), 11.0 | 88 Energy Limited (88E:LON), 1.0 | Diversified Energy Company PLC (DEC:LON), 993 | Empyrean Energy PLC (EME:LON), 0.1
- Published:
08 Mar 2021 -
Author:
James McCormack -
Pages:
8 -
Oil rallied to the highest in nearly two years in New York after OPEC+ shocked markets with a decision to keep supply limited as the global economy starts to recover from a pandemic-driven slump.
US benchmark crude futures topped $66 a barrel on Friday, while its global counterpart Brent neared the key $70 level. The producer alliance's supply curbs and the rollout of Covid-19 vaccines have aided a stellar rebound for crude from the depths of the coronavirus-related fallout. OPEC+'s surprise ....