Commodity Prices
Bulls approached and quickly withdrew from oil's 100-day moving average, driving crude to its first weekly loss since the start of the year.
West Texas Intermediate shed 2% this week with much of that retreat occurring on Friday. Throughout the week, oil rallied on optimism driven by China's gathering rebound only to swing as risk-off sentiment descended upon broader markets amid uneven corporate earnings and lingering questions over how the Federal Reserve will react.
De ....

30 Jan 2023
Cenkos: Oil & Gas Sector -- GETECH Group, 88 Energy, Trinity Exploration & Production, Tethys Oil, Tullow Oil, Gran Tierra Energy, United Oil & Gas, IOG, Predator Oil & Gas, Pantheon Resources, Var Energi, OKEA ASA, Aker BP, Hess Corporation, Woodside Ener
Falcon Oil & Gas Ltd. (FOG:LON), 5.4 | 88 Energy Limited (88E:LON), 1.0 | Chariot Limited (CHAR:LON), 1.5 | Diversified Energy Company PLC (DEC:LON), 1,018 | Empyrean Energy PLC (EME:LON), 0.0 | GETECH Group plc (GTC:LON), 1.7

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Cenkos: Oil & Gas Sector -- GETECH Group, 88 Energy, Trinity Exploration & Production, Tethys Oil, Tullow Oil, Gran Tierra Energy, United Oil & Gas, IOG, Predator Oil & Gas, Pantheon Resources, Var Energi, OKEA ASA, Aker BP, Hess Corporation, Woodside Ener
Falcon Oil & Gas Ltd. (FOG:LON), 5.4 | 88 Energy Limited (88E:LON), 1.0 | Chariot Limited (CHAR:LON), 1.5 | Diversified Energy Company PLC (DEC:LON), 1,018 | Empyrean Energy PLC (EME:LON), 0.0 | GETECH Group plc (GTC:LON), 1.7
- Published:
30 Jan 2023 -
Author:
James McCormack -
Pages:
8 -
Commodity Prices
Bulls approached and quickly withdrew from oil's 100-day moving average, driving crude to its first weekly loss since the start of the year.
West Texas Intermediate shed 2% this week with much of that retreat occurring on Friday. Throughout the week, oil rallied on optimism driven by China's gathering rebound only to swing as risk-off sentiment descended upon broader markets amid uneven corporate earnings and lingering questions over how the Federal Reserve will react.
De ....