Oil squeezed out a gain for the second straight week but uncertainty around the US-China trade deal and fears of a resurgent pandemic limited the price rally.
Crude futures in New York fell 0.5% Friday, but rose 1.9% for the week. The US and China postponed talks planned for over the weekend that had been aimed at reviewing progress at the six-month mark of their phase-one trade agreement, according to people familiar with the matter. Meanwhile, a rebound in US retail sales slowed sharply in ....
17 Aug 2020
Cenkos: Oil & Gas Sector -- Diversified Gas & Oil, Westmount Energy, Saudi Aramco, i3 Energy, Tethys Oil, Africa Energy, Rosneft Oil Company, Petrofac, Touchstone Exploration, Serinus Energy, Africa Oil Corp, Transglobe Energy, Valeura Energy, Woodside Pet
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Cenkos: Oil & Gas Sector -- Diversified Gas & Oil, Westmount Energy, Saudi Aramco, i3 Energy, Tethys Oil, Africa Energy, Rosneft Oil Company, Petrofac, Touchstone Exploration, Serinus Energy, Africa Oil Corp, Transglobe Energy, Valeura Energy, Woodside Pet
Falcon Oil & Gas Ltd. (FOG:LON), 6.7 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,068 | Empyrean Energy PLC (EME:LON), 0.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.0 | Tethys Oil AB (TETY:OME), 0 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
17 Aug 2020 -
Author:
James McCormack -
Pages:
7
Oil squeezed out a gain for the second straight week but uncertainty around the US-China trade deal and fears of a resurgent pandemic limited the price rally.
Crude futures in New York fell 0.5% Friday, but rose 1.9% for the week. The US and China postponed talks planned for over the weekend that had been aimed at reviewing progress at the six-month mark of their phase-one trade agreement, according to people familiar with the matter. Meanwhile, a rebound in US retail sales slowed sharply in ....