Oil dipped, trimming a weekly advance, as the fast-spreading delta variant continues to cloud the short-term demand outlook.
Futures closed nearly 1% lower on Friday in New York, narrowing a weekly gain to 0.2%. The latest Covid-19 wave is leading to tighter curbs on movement across the globe, though there are mixed assessments on its impact. The International Energy Agency reduced its demand forecasts for the rest of the year, while Goldman Sachs Group Inc. predicts only a transient hit to c ....
16 Aug 2021
Cenkos: Oil & Gas Sector -- Falcon Oil & Gas, 88 Energy, United Oil & Gas, Prospex Energy, Tethys Oil, Saudi Aramco, Neptune Energy, Kosmos Energy, JKX Oil & Gas, Vaalco Energy, Touchstone Exploration, Africa Oil Corp, Serinus Energy, Helium One, Deltic En
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Cenkos: Oil & Gas Sector -- Falcon Oil & Gas, 88 Energy, United Oil & Gas, Prospex Energy, Tethys Oil, Saudi Aramco, Neptune Energy, Kosmos Energy, JKX Oil & Gas, Vaalco Energy, Touchstone Exploration, Africa Oil Corp, Serinus Energy, Helium One, Deltic En
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 | Tethys Oil AB (TETY:OME), 0
- Published:
16 Aug 2021 -
Author:
James McCormack -
Pages:
9
Oil dipped, trimming a weekly advance, as the fast-spreading delta variant continues to cloud the short-term demand outlook.
Futures closed nearly 1% lower on Friday in New York, narrowing a weekly gain to 0.2%. The latest Covid-19 wave is leading to tighter curbs on movement across the globe, though there are mixed assessments on its impact. The International Energy Agency reduced its demand forecasts for the rest of the year, while Goldman Sachs Group Inc. predicts only a transient hit to c ....