Oil rose for a seventh straight week as efforts to pass another US virus relief package added to optimism that the vaccine's rollout will provide a long-awaited boost to demand.
Futures rose 1.5% in New York on Friday, extending this week's rally to over 5%. Talks on a relief package have made some headway, with Senate Majority Leader Mitch McConnell saying he is “even more optimistic now” that an agreement is near. Recent progress in rolling out a Covid-19 vaccine has also buoyed the outlook ....
21 Dec 2020
Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, Falcon Oil & Gas, Jersey Oil & Gas, Chariot Oil & Gas, Premier Oil, Chrysaor, Serica Energy, Touchstone Exploration, Hurricane Energy, Gulf Keystone Petroleum, ExxonMobil Corporation, Advance En
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Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, Falcon Oil & Gas, Jersey Oil & Gas, Chariot Oil & Gas, Premier Oil, Chrysaor, Serica Energy, Touchstone Exploration, Hurricane Energy, Gulf Keystone Petroleum, ExxonMobil Corporation, Advance En
Falcon Oil & Gas Ltd. (FOG:LON), 6.8 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,089 | Empyrean Energy PLC (EME:LON), 0.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.5 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
21 Dec 2020 -
Author:
James McCormack -
Pages:
7
Oil rose for a seventh straight week as efforts to pass another US virus relief package added to optimism that the vaccine's rollout will provide a long-awaited boost to demand.
Futures rose 1.5% in New York on Friday, extending this week's rally to over 5%. Talks on a relief package have made some headway, with Senate Majority Leader Mitch McConnell saying he is “even more optimistic now” that an agreement is near. Recent progress in rolling out a Covid-19 vaccine has also buoyed the outlook ....