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), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 8.8 | Diversified Energy Company PLC (DEC:LON), 1,084 | 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
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
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), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Chariot Limited (CHAR:LON), 8.8 | Diversified Energy Company PLC (DEC:LON), 1,084 | 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:
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 ....