Oil posted its fourth straight monthly gain as steady demand and tight supplies calmed concerns that a new wave of Covid-19 infections would cripple energy consumption.
Futures in New York ended the week 2.6% higher. While cases of the virus's delta variant have surged in recent weeks, mobility and other data point to strong demand in key economies that traders are watching. India posted the biggest gain in driving activity after restrictions were rolled back.
Oil futures are closing out a ....
02 Aug 2021
Cenkos: Oil & Gas Sector -- United Oil & Gas, 88 Energy, Seplat Energy, Royal Dutch Shell, Equinor Energy, Eco (Atlantic) Oil & Gas, Longboat Energy, Hess Corporation, Exxon Mobil Corporation, IOG, Sound Energy, Neptune Energy, Canadian Overseas Petroleum,
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Cenkos: Oil & Gas Sector -- United Oil & Gas, 88 Energy, Seplat Energy, Royal Dutch Shell, Equinor Energy, Eco (Atlantic) Oil & Gas, Longboat Energy, Hess Corporation, Exxon Mobil Corporation, IOG, Sound Energy, Neptune Energy, Canadian Overseas Petroleum,
Falcon Oil & Gas Ltd. (FOG:LON), 6.6 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,098 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 8.2 | Trinity Exploration & Production Plc (TRIN:LON), 39.5
- Published:
02 Aug 2021 -
Author:
James McCormack -
Pages:
9
Oil posted its fourth straight monthly gain as steady demand and tight supplies calmed concerns that a new wave of Covid-19 infections would cripple energy consumption.
Futures in New York ended the week 2.6% higher. While cases of the virus's delta variant have surged in recent weeks, mobility and other data point to strong demand in key economies that traders are watching. India posted the biggest gain in driving activity after restrictions were rolled back.
Oil futures are closing out a ....