Oil climbed as a global squeeze on refined products continued to pull fuel prices higher with Russian diesel exports falling sharply.
West Texas Intermediate rose 4.1% on Friday and eked out a weekly gain of 0.7% after a series of tumultuous trading sessions where lowered liquidity exacerbated price moves. Diesel exports from Russia dropped in April from their pre-war level as oil buyers seek to punish one of the world's biggest suppliers. Investors have also been keeping a close eye on Chi ....
16 May 2022
Cenkos: Oil & Gas Sector -- Tethys Oil, 88 Energy, Empyrean Energy, Longboat Energy, Neptune Energy, Sval Energi, TransGlobe Energy, Harbour Energy, Kosmos Energy, Touchstone Exploration, Genel Energy, Serinus Energy, i3 Energy, Orcadian Energy, Energean,
Falcon Oil & Gas Ltd. (FOG:LON), 8.4 | 88 Energy Limited (88E:LON), 0.3 | Chariot Limited (CHAR:LON), 7.6 | Diversified Energy Company PLC (DEC:LON), 840 | Empyrean Energy PLC (EME:LON), 0.6 | GETECH Group plc (GTC:LON), 8.2 | Trinity Exploration & Production Plc (TRIN:LON), 36.5 | Tethys Oil AB (TETY:OME), 0
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Cenkos: Oil & Gas Sector -- Tethys Oil, 88 Energy, Empyrean Energy, Longboat Energy, Neptune Energy, Sval Energi, TransGlobe Energy, Harbour Energy, Kosmos Energy, Touchstone Exploration, Genel Energy, Serinus Energy, i3 Energy, Orcadian Energy, Energean,
Falcon Oil & Gas Ltd. (FOG:LON), 8.4 | 88 Energy Limited (88E:LON), 0.3 | Chariot Limited (CHAR:LON), 7.6 | Diversified Energy Company PLC (DEC:LON), 840 | Empyrean Energy PLC (EME:LON), 0.6 | GETECH Group plc (GTC:LON), 8.2 | Trinity Exploration & Production Plc (TRIN:LON), 36.5 | Tethys Oil AB (TETY:OME), 0
- Published:
16 May 2022 -
Author:
James McCormack -
Pages:
9
Oil climbed as a global squeeze on refined products continued to pull fuel prices higher with Russian diesel exports falling sharply.
West Texas Intermediate rose 4.1% on Friday and eked out a weekly gain of 0.7% after a series of tumultuous trading sessions where lowered liquidity exacerbated price moves. Diesel exports from Russia dropped in April from their pre-war level as oil buyers seek to punish one of the world's biggest suppliers. Investors have also been keeping a close eye on Chi ....