Oil turned around last week's setback, extending a slow but relentless rise since falling into negative territory in April.
US benchmark crude futures rose 2.3% Friday to close at the highest level since 6 March. The 9.6% increase for the week marks the seventh gain in the last eight weeks. Oil traders Vitol Group and Trafigura Group and exporter Saudi Aramco all talked up the strength of the demand recovery in recent days, and prices for some of the world's major oil products have begun to r ....
22 Jun 2020
Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, 88 Energy, Gulf Keystone Petroleum, Petro Matad, Neptune Energy, PetroTal Corp, Reabold Resources, Chariot Oil & Gas, Wentworth Resources, BP, President Energy, Touchstone Exploration
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Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, 88 Energy, Gulf Keystone Petroleum, Petro Matad, Neptune Energy, PetroTal Corp, Reabold Resources, Chariot Oil & Gas, Wentworth Resources, BP, President Energy, Touchstone Exploration
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,098 | Empyrean Energy PLC (EME:LON), 0.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.5 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
22 Jun 2020 -
Author:
James McCormack -
Pages:
7
Oil turned around last week's setback, extending a slow but relentless rise since falling into negative territory in April.
US benchmark crude futures rose 2.3% Friday to close at the highest level since 6 March. The 9.6% increase for the week marks the seventh gain in the last eight weeks. Oil traders Vitol Group and Trafigura Group and exporter Saudi Aramco all talked up the strength of the demand recovery in recent days, and prices for some of the world's major oil products have begun to r ....