Beset by demand fears tied to a growing public health crisis as well as economic concerns, West Texas Intermediate (WTI) and Brent crude oil prices declined Friday and are down for the week.
The March WTI dropped by 58 cents Friday to settle at $51.56 per barrel. The contract peaked at $53.36 and bottomed out at $50.97. Against the 24 January 2020 settlement price, WTI is down nearly five percent. Expiring Friday was the March Brent contract, which remained unchanged at $58.29 per barrel – fo ....
03 Feb 2020
cenkos: Oil & Gas -- Falcon Oil & Gas, Diversified Gas & Oil, Exxon Mobil Corporation, UK Oil & Gas, Coro Energy, Hurricane Energy, Energean Oil & Gas, Tullow Oil, Gran Tierra Energy, Savannah Petroleum, Serica Energy, Echo Energy, Bahamas Petroleum, Block
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cenkos: Oil & Gas -- Falcon Oil & Gas, Diversified Gas & Oil, Exxon Mobil Corporation, UK Oil & Gas, Coro Energy, Hurricane Energy, Energean Oil & Gas, Tullow Oil, Gran Tierra Energy, Savannah Petroleum, Serica Energy, Echo Energy, Bahamas Petroleum, Block
Falcon Oil & Gas Ltd. (FOG:LON), 7.2 | Diversified Energy Company PLC (DEC:LON), 946 | Empyrean Energy PLC (EME:LON), 0.6 | Trinity Exploration & Production Plc (TRIN:LON), 40.0 | 88 Energy Limited (88E:LON), 0.3 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
03 Feb 2020 -
Author:
James McCormack -
Pages:
7
Beset by demand fears tied to a growing public health crisis as well as economic concerns, West Texas Intermediate (WTI) and Brent crude oil prices declined Friday and are down for the week.
The March WTI dropped by 58 cents Friday to settle at $51.56 per barrel. The contract peaked at $53.36 and bottomed out at $50.97. Against the 24 January 2020 settlement price, WTI is down nearly five percent. Expiring Friday was the March Brent contract, which remained unchanged at $58.29 per barrel – fo ....