Oil pared its weekly gain as a resurgent pandemic raised the risk of further demand destruction, while the market awaits the outcome of a tightly contested US election.
Futures in New York dropped 4.3% on Friday, the largest one-day decline in more than a week. Increasing expectations over OPEC+ delaying its planned output increase in January and a post-election rally in equities helped crude prices with a strong start to the week. But a string of renewed lockdowns in Europe and record case c ....
09 Nov 2020
Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, Falcon Oil & Gas, Tethys Oil, Independent Oil & Gas, Equinor, BP, Impact Oil & Gas, Bowleven, Gran Tierra Energy, Genel Energy, Premier Oil, Bahamas Petroleum, Apache Corporation, Vaalco Energy,
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Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, Falcon Oil & Gas, Tethys Oil, Independent Oil & Gas, Equinor, BP, Impact Oil & Gas, Bowleven, Gran Tierra Energy, Genel Energy, Premier Oil, Bahamas Petroleum, Apache Corporation, Vaalco Energy,
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,079 | Empyrean Energy PLC (EME:LON), 0.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.0 | Tethys Oil AB (TETY:OME), 0 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
09 Nov 2020 -
Author:
James McCormack -
Pages:
7
Oil pared its weekly gain as a resurgent pandemic raised the risk of further demand destruction, while the market awaits the outcome of a tightly contested US election.
Futures in New York dropped 4.3% on Friday, the largest one-day decline in more than a week. Increasing expectations over OPEC+ delaying its planned output increase in January and a post-election rally in equities helped crude prices with a strong start to the week. But a string of renewed lockdowns in Europe and record case c ....