Oil slid for a sixth straight week, marking the longest stretch of weekly declines since 2018, as the omicron variant jolts markets and OPEC+ continues to hike supply.
West Texas Intermediate crude futures fell 2.8% this week. The spread of the omicron variant has investors concerned about any potential hit to demand as the US reported at least six states with cases. Covid-19 infections in South Africa have almost quadrupled since Tuesday. Meanwhile, OPEC and its allies this week decided to a ....
06 Dec 2021
Cenkos: Oil & Gas Sector -- Diversified Energy, Chariot, Impact Oil & Gas, Ithaca Energy, Sound Energy, ExxonMobil, Chevron Corporation, Royal Dutch Shell, Abu Dhabi National Oil Company, PTT Exploration & Production, Southern Energy, Enwell Energy, Serinu
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 -- Diversified Energy, Chariot, Impact Oil & Gas, Ithaca Energy, Sound Energy, ExxonMobil, Chevron Corporation, Royal Dutch Shell, Abu Dhabi National Oil Company, PTT Exploration & Production, Southern Energy, Enwell Energy, Serinu
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,079 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 8.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.0
- Published:
06 Dec 2021 -
Author:
James McCormack -
Pages:
8
Oil slid for a sixth straight week, marking the longest stretch of weekly declines since 2018, as the omicron variant jolts markets and OPEC+ continues to hike supply.
West Texas Intermediate crude futures fell 2.8% this week. The spread of the omicron variant has investors concerned about any potential hit to demand as the US reported at least six states with cases. Covid-19 infections in South Africa have almost quadrupled since Tuesday. Meanwhile, OPEC and its allies this week decided to a ....