Oil posted its biggest weekly gain since the middle of April ahead of the US Memorial Day weekend that kicks off the country's summer driving season.
West Texas Intermediate rose 4.3% this week. A spate of positive US economic data this week continued to highlight the recovery taking shape in the world's largest oil-consuming country, while Americans are expected to unleash demand built up during the pandemic from this weekend onward.
With more drivers taking to the road and with some of t ....
01 Jun 2021
Cenkos: Oil & Gas Sector -- 88 Energy, Falcon Oil & Gas, Westmount Energy, Trinity Exploration & Production, Chariot Oil & Gas, Hurricane Energy, Savannah Energy, Touchstone Exploration, Serica Energy, Energean, President Energy, Coro Energy, Challenger En
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Cenkos: Oil & Gas Sector -- 88 Energy, Falcon Oil & Gas, Westmount Energy, Trinity Exploration & Production, Chariot Oil & Gas, Hurricane Energy, Savannah Energy, Touchstone Exploration, Serica Energy, Energean, President Energy, Coro Energy, Challenger En
Falcon Oil & Gas Ltd. (FOG:LON), 6.8 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,082 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 8.2 | Trinity Exploration & Production Plc (TRIN:LON), 39.5
- Published:
01 Jun 2021 -
Author:
James McCormack -
Pages:
9
Oil posted its biggest weekly gain since the middle of April ahead of the US Memorial Day weekend that kicks off the country's summer driving season.
West Texas Intermediate rose 4.3% this week. A spate of positive US economic data this week continued to highlight the recovery taking shape in the world's largest oil-consuming country, while Americans are expected to unleash demand built up during the pandemic from this weekend onward.
With more drivers taking to the road and with some of t ....