Oil posted a fourth straight weekly gain, the longest winning streak since October, on signs that the market is tightening as global consumption withstands the impact of the omicron virus variant.
West Texas Intermediate futures in New York closed up 2.1% on Friday, posting a 6.2% weekly increase. Oil has made a strong start to the year, underscored by depleting US inventories and product demand at multiyear highs.
Crude has clawed back most of its losses late last year that were driven b ....
17 Jan 2022
Cenkos: Oil & Gas Sector -- United Oi & Gas, Empyrean Energy, Chariot, TransGlobe Energy, Pharos Energy, Eco (Atlantic) Oil & Gas, Echo Energy, Canadian Overseas Petroleum, Enwell Energy, Block Energy, Cadogan Petroleum, Predator Oil & Gas, TomCo Energy, T
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Cenkos: Oil & Gas Sector -- United Oi & Gas, Empyrean Energy, Chariot, TransGlobe Energy, Pharos Energy, Eco (Atlantic) Oil & Gas, Echo Energy, Canadian Overseas Petroleum, Enwell Energy, Block Energy, Cadogan Petroleum, Predator Oil & Gas, TomCo Energy, T
Falcon Oil & Gas Ltd. (FOG:LON), 6.7 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,072 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 8.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.0
- Published:
17 Jan 2022 -
Author:
James McCormack -
Pages:
7
Oil posted a fourth straight weekly gain, the longest winning streak since October, on signs that the market is tightening as global consumption withstands the impact of the omicron virus variant.
West Texas Intermediate futures in New York closed up 2.1% on Friday, posting a 6.2% weekly increase. Oil has made a strong start to the year, underscored by depleting US inventories and product demand at multiyear highs.
Crude has clawed back most of its losses late last year that were driven b ....