Oil posted its first back-to-back weekly loss since April's rout with the end of the summer driving season and concern about OPEC's production compliance weighing on prices.
Futures in New York edged up on Friday, but prices fell 6.1% this week coinciding with a retreat in U.S. equities. Traders are also examining data indicating the United Arab Emirates since July has been regularly exceeding its quota under a deal between the Organization of Petroleum Exporting Countries and its allies.
....

14 Sep 2020
Cenkos: Oil & Gas Sector - 88 Energy, Empyrean Energy, Westmount Energy, Hurricane Energy, Tullow Oil, ExxonMobil, Hess Corporation, Jadestone Energy, Serica Energy, Energean, Kosmos Energy, i3 Energy, Sound Energy, Echo Energy, Reabold Resources, Volga Ga
88 Energy Limited (88E:LON), 1.1 | Chariot Limited (CHAR:LON), 1.5 | Empyrean Energy PLC (EME:LON), 0.0 | Parkmead Group PLC (PMG:LON), 15.0 | Reabold Resources plc (RBD:LON), 0.1

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Cenkos: Oil & Gas Sector - 88 Energy, Empyrean Energy, Westmount Energy, Hurricane Energy, Tullow Oil, ExxonMobil, Hess Corporation, Jadestone Energy, Serica Energy, Energean, Kosmos Energy, i3 Energy, Sound Energy, Echo Energy, Reabold Resources, Volga Ga
88 Energy Limited (88E:LON), 1.1 | Chariot Limited (CHAR:LON), 1.5 | Empyrean Energy PLC (EME:LON), 0.0 | Parkmead Group PLC (PMG:LON), 15.0 | Reabold Resources plc (RBD:LON), 0.1
- Published:
14 Sep 2020 -
Author:
James McCormack -
Pages:
8 -
Oil posted its first back-to-back weekly loss since April's rout with the end of the summer driving season and concern about OPEC's production compliance weighing on prices.
Futures in New York edged up on Friday, but prices fell 6.1% this week coinciding with a retreat in U.S. equities. Traders are also examining data indicating the United Arab Emirates since July has been regularly exceeding its quota under a deal between the Organization of Petroleum Exporting Countries and its allies.
....