Oil posted its seventh weekly gain as tight fuel-supply balances sustain bullish fundamentals, though headwinds brought on by accelerating US inflation capped crude's advance.
West Texas Intermediate fell 0.7% after trading in a $4 range during a volatile session on Friday. Despite the fall, WTI ended the week 1.5% higher. The US Labor Department reported inflation quickened to a 40-year high, chilling broader markets and potentially signalling to the Federal Reserve to extend an aggressive ....
13 Jun 2022
Cenkos: Oil & Gas Sector -- Chariot, Empyrean Energy, Savannah Energy, Jadestone Energy, Serica Energy, Gran Tierra Energy, Kistos, Sound Energy, Longboat Energy, i3 Energy, Clontarf Energy, Bowleven, Southern Energy, SDX Energy, Arrow Exploration, Predato
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Cenkos: Oil & Gas Sector -- Chariot, Empyrean Energy, Savannah Energy, Jadestone Energy, Serica Energy, Gran Tierra Energy, Kistos, Sound Energy, Longboat Energy, i3 Energy, Clontarf Energy, Bowleven, Southern Energy, SDX Energy, Arrow Exploration, Predato
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 9.3 | Diversified Energy Company PLC (DEC:LON), 1,066 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 9.1 | Trinity Exploration & Production Plc (TRIN:LON), 54.0
- Published:
13 Jun 2022 -
Author:
James McCormack -
Pages:
7
Oil posted its seventh weekly gain as tight fuel-supply balances sustain bullish fundamentals, though headwinds brought on by accelerating US inflation capped crude's advance.
West Texas Intermediate fell 0.7% after trading in a $4 range during a volatile session on Friday. Despite the fall, WTI ended the week 1.5% higher. The US Labor Department reported inflation quickened to a 40-year high, chilling broader markets and potentially signalling to the Federal Reserve to extend an aggressive ....