Oil posted a small weekly gain on tentative signs that demand is picking up even as a new wave of coronavirus cases casts a shadow over the market.
Futures in New York edged lower on Friday, but still managed to record an advance of 0.7% this week on shrinking US crude stockpiles and signs of improving demand in China and India. Gains were capped by record new virus cases from Germany to Portugal and the biggest surge in US daily infections in two months.
Crude futures in New York have clu ....
19 Oct 2020
Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, Touchstone Exploration, Total SE, President Energy, BP, Serica Energy, Pantheon Resources, Aminex, Petronas, Europa Oil & Gas
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Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, Touchstone Exploration, Total SE, President Energy, BP, Serica Energy, Pantheon Resources, Aminex, Petronas, Europa Oil & Gas
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,088 | Empyrean Energy PLC (EME:LON), 0.4 | Trinity Exploration & Production Plc (TRIN:LON), 55.0 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
19 Oct 2020 -
Author:
James McCormack -
Pages:
6
Oil posted a small weekly gain on tentative signs that demand is picking up even as a new wave of coronavirus cases casts a shadow over the market.
Futures in New York edged lower on Friday, but still managed to record an advance of 0.7% this week on shrinking US crude stockpiles and signs of improving demand in China and India. Gains were capped by record new virus cases from Germany to Portugal and the biggest surge in US daily infections in two months.
Crude futures in New York have clu ....