Oil fell this week amid growing concerns that another wave of the coronavirus pandemic will spark tighter lockdown measures and further stifle crude demand.
New York futures edged lower Friday and fell 2.1% on the week. The number of US coronavirus cases rose above 7 million, according to data from Johns Hopkins University. Meanwhile, a second governor tested positive for Covid-19 as cases surge around the country.
At the same time, the market is contending with returning supply. Oil traders h ....
28 Sep 2020
Cenkos: Oil & Gas Sector -- Falcon Oil & Gas, Neptune Energy, San Leon Energy, IGas Energy, Coro Energy, ADES Holding, Longboat Energy, Ascent Resources, Prospex Energy, Borders & Southern, Africa Energy Corp, UK Oil & Gas, INEOS, President Energy, Reabold
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Cenkos: Oil & Gas Sector -- Falcon Oil & Gas, Neptune Energy, San Leon Energy, IGas Energy, Coro Energy, ADES Holding, Longboat Energy, Ascent Resources, Prospex Energy, Borders & Southern, Africa Energy Corp, UK Oil & Gas, INEOS, President Energy, Reabold
Falcon Oil & Gas Ltd. (FOG:LON), 6.8 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,082 | Empyrean Energy PLC (EME:LON), 0.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.5 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
28 Sep 2020 -
Author:
James McCormack -
Pages:
8
Oil fell this week amid growing concerns that another wave of the coronavirus pandemic will spark tighter lockdown measures and further stifle crude demand.
New York futures edged lower Friday and fell 2.1% on the week. The number of US coronavirus cases rose above 7 million, according to data from Johns Hopkins University. Meanwhile, a second governor tested positive for Covid-19 as cases surge around the country.
At the same time, the market is contending with returning supply. Oil traders h ....