Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve.
Futures gained 1.1% in New York on Friday to the highest since late January, while Brent crude remained just under $60 a barrel in London. The number of vessels sailing toward China jumped to a six-month high on Friday, suggesting the world's largest importer may be piling back into the oil market. Meanwhile, crude stockpiles tied to oil f ....
08 Feb 2021
Cenkos: Oil & Gas Sector -- United Oil & Gas, 88 Energy, BP, ExxonMobil, ConocoPhillips, Royal Dutch Shell, EnQuest, Aker BP, Savannah Energy, Jadestone Energy, Wentworth Resources, PetroTal, Equinor, OMV AG
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Cenkos: Oil & Gas Sector -- United Oil & Gas, 88 Energy, BP, ExxonMobil, ConocoPhillips, Royal Dutch Shell, EnQuest, Aker BP, Savannah Energy, Jadestone Energy, Wentworth Resources, PetroTal, Equinor, OMV AG
Falcon Oil & Gas Ltd. (FOG:LON), 7.2 | 88 Energy Limited (88E:LON), 0.3 | Diversified Energy Company PLC (DEC:LON), 946 | Empyrean Energy PLC (EME:LON), 0.6 | Trinity Exploration & Production Plc (TRIN:LON), 40.0 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
08 Feb 2021 -
Author:
James McCormack -
Pages:
8
Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve.
Futures gained 1.1% in New York on Friday to the highest since late January, while Brent crude remained just under $60 a barrel in London. The number of vessels sailing toward China jumped to a six-month high on Friday, suggesting the world's largest importer may be piling back into the oil market. Meanwhile, crude stockpiles tied to oil f ....