Oil posted a gain this week as expectations for growing economic activity in nations from the US to Europe fuelled optimism around stronger summer demand. Futures in New York advanced 2.1% this week in the first back-to-back weekly increase since early March. Fuel sales in the UK rose to the highest since the pandemic again, and in the US, refineries are running at their highest rate since the pandemic began as they gear up for the summer driving season.
Crude's advance this week comes amid s ....
10 May 2021
Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, United Oil & Gas, Empyrean Energy, Diversified Energy Company, Getech, i3 Energy, Gran Tierra Energy, SDX Energy, Afrenta, Jersey Oil & Gas, Echo Energy, Cadogan Petroleum, APA Corp, TransGlobe
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Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, United Oil & Gas, Empyrean Energy, Diversified Energy Company, Getech, i3 Energy, Gran Tierra Energy, SDX Energy, Afrenta, Jersey Oil & Gas, Echo Energy, Cadogan Petroleum, APA Corp, TransGlobe
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,085 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 8.6 | Trinity Exploration & Production Plc (TRIN:LON), 39.0
- Published:
10 May 2021 -
Author:
James McCormack -
Pages:
8
Oil posted a gain this week as expectations for growing economic activity in nations from the US to Europe fuelled optimism around stronger summer demand. Futures in New York advanced 2.1% this week in the first back-to-back weekly increase since early March. Fuel sales in the UK rose to the highest since the pandemic again, and in the US, refineries are running at their highest rate since the pandemic began as they gear up for the summer driving season.
Crude's advance this week comes amid s ....