Oil posted the longest stretch of weekly advances since 2015 as OPEC+ producers only modestly supply the market and as US crude supplies shrink.
Crude futures rose 1.5% Friday in New York, up for a ninth straight week. President Joe Biden said Thursday night that Americans should expect high gasoline prices to continue into next year because of supply being withheld by OPEC and other foreign oil producers. Stockpiles at the biggest US storage hub are draining to levels last seen when crude pr ....
25 Oct 2021
Cenkos: Oil & Gas Sector -- United Oil & Gas, Diversified Energy, 88 Energy, Empyrean Energy, SDX Energy, BHP Group, Lekoil, FAR, Aker BP, Empire Energy, Reabold Resources, Panoro Energy, Woodside Petroleum, Santos, Europa Oil & Gas, Arrow Exploration, NEO
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Cenkos: Oil & Gas Sector -- United Oil & Gas, Diversified Energy, 88 Energy, Empyrean Energy, SDX Energy, BHP Group, Lekoil, FAR, Aker BP, Empire Energy, Reabold Resources, Panoro Energy, Woodside Petroleum, Santos, Europa Oil & Gas, Arrow Exploration, NEO
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 | GETECH Group plc (GTC:LON), 9.0 | Trinity Exploration & Production Plc (TRIN:LON), 40.0
- Published:
25 Oct 2021 -
Author:
James McCormack -
Pages:
7
Oil posted the longest stretch of weekly advances since 2015 as OPEC+ producers only modestly supply the market and as US crude supplies shrink.
Crude futures rose 1.5% Friday in New York, up for a ninth straight week. President Joe Biden said Thursday night that Americans should expect high gasoline prices to continue into next year because of supply being withheld by OPEC and other foreign oil producers. Stockpiles at the biggest US storage hub are draining to levels last seen when crude pr ....