US crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at a time when OPEC+ producers are keeping supplies tight.
Futures in New York rose 1.3% on Friday, popping above the key, psychological level before pulling back. This week brought many indications that supplies will remain constrained: Saudi Aramco said a global natural gas shortage was already boosting oil demand for power generation and heating, and the US Energy Department ....
11 Oct 2021
Cenkos: Oil & Gas Sector -- Empyrean Energy, Falcon Oil & Gas, Diversified Energy Company, United Oil & Gas, GETECH Group, Block Energy, Hess Corporation, ExxonMobil Corporation, TotalEnergies, Quadrise Fuels, Echo Energy, PetroTal Corp, Repsol SA, Tambora
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Cenkos: Oil & Gas Sector -- Empyrean Energy, Falcon Oil & Gas, Diversified Energy Company, United Oil & Gas, GETECH Group, Block Energy, Hess Corporation, ExxonMobil Corporation, TotalEnergies, Quadrise Fuels, Echo Energy, PetroTal Corp, Repsol SA, Tambora
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,070 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 8.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.0
- Published:
11 Oct 2021 -
Author:
James McCormack -
Pages:
6
US crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at a time when OPEC+ producers are keeping supplies tight.
Futures in New York rose 1.3% on Friday, popping above the key, psychological level before pulling back. This week brought many indications that supplies will remain constrained: Saudi Aramco said a global natural gas shortage was already boosting oil demand for power generation and heating, and the US Energy Department ....