Oil posted a third weekly loss as the European Union suspended talks over a Russian oil price cap amid disagreements between member states.
West Texas Intermediate futures fell 2.1% to settle at $76.28 a barrel after trading in a more than $3 range on Friday. European diplomats remain locked in talks over how strict the cap should be, having previously proposed a range of $65-$70. Poland and the Baltics felt the cap was too generous to Russia and now diplomats have postponed discussions until ....
28 Nov 2022
Cenkos: Oil & Gas Sector -- Chariot, Falcon Oil & Gas, Plexus Holdings, Deltic Energy, United Oil & Gas, Southern Energy, EnQuest, Parkmead Group, IOG, Nostrum Oil & Gas, Jadestone Energy, Eni SpA, Barryroe Offshore Energy.
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Cenkos: Oil & Gas Sector -- Chariot, Falcon Oil & Gas, Plexus Holdings, Deltic Energy, United Oil & Gas, Southern Energy, EnQuest, Parkmead Group, IOG, Nostrum Oil & Gas, Jadestone Energy, Eni SpA, Barryroe Offshore Energy.
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 8.7 | Diversified Energy Company PLC (DEC:LON), 1,116 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 8.6 | Trinity Exploration & Production Plc (TRIN:LON), 36.0
- Published:
28 Nov 2022 -
Author:
James McCormack -
Pages:
8
Oil posted a third weekly loss as the European Union suspended talks over a Russian oil price cap amid disagreements between member states.
West Texas Intermediate futures fell 2.1% to settle at $76.28 a barrel after trading in a more than $3 range on Friday. European diplomats remain locked in talks over how strict the cap should be, having previously proposed a range of $65-$70. Poland and the Baltics felt the cap was too generous to Russia and now diplomats have postponed discussions until ....