Oil fell, capping the biggest weekly loss since October, as the spread of the delta coronavirus variant in China and elsewhere in the world is casting doubts on demand growth.
West Texas Intermediate futures dropped 1.2% Friday and 7.7% for the week. The dollar rose following a better-than-expected US jobs report, weakening the appeal of commodities priced in the currency. China has imposed increasingly strict restrictions on mobility to fight the spread of the deadly variant, while records i ....
09 Aug 2021
Cenkos: Oil & Gas Sector -- United Oil & Gas, 88 Energy, Diversified Energy Company, Santos, Oil Search, BP, TransGlobe Energy, Gran Tierra Energy, Genel Energy, Valeura Energy, Caspian Sunrise, Lamprell, IOG, DNO ASA, Cairn Energy, SDX Energy, UK Oil & Ga
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Cenkos: Oil & Gas Sector -- United Oil & Gas, 88 Energy, Diversified Energy Company, Santos, Oil Search, BP, TransGlobe Energy, Gran Tierra Energy, Genel Energy, Valeura Energy, Caspian Sunrise, Lamprell, IOG, DNO ASA, Cairn Energy, SDX Energy, UK Oil & Ga
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,084 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 8.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.0
- Published:
09 Aug 2021 -
Author:
James McCormack -
Pages:
8
Oil fell, capping the biggest weekly loss since October, as the spread of the delta coronavirus variant in China and elsewhere in the world is casting doubts on demand growth.
West Texas Intermediate futures dropped 1.2% Friday and 7.7% for the week. The dollar rose following a better-than-expected US jobs report, weakening the appeal of commodities priced in the currency. China has imposed increasingly strict restrictions on mobility to fight the spread of the deadly variant, while records i ....