Oil fell the most since November with a stronger dollar and concerns surrounding inflation weighing on crude's best start to the year on record.
Futures in New York declined 3.2% on Friday, with a rising dollar reducing the appeal of commodities priced in the currency. Yet, the US crude benchmark still managed to post a nearly 18% gain this month as inventories worldwide tighten and pockets of demand return. Domestic crude production dropped in 2020 for the first time in four years, according ....
01 Mar 2021
Cenkos: Oil & Gas Sector -- United Oil & Gas, Falcon Oil & Gas, 88 Energy, NEO Energy, i3 Energy, Kosmos Energy, Hess Corporation, Gran Tierra Energy, Eco (Atlantic) Oil & Gas, Jadestone Energy, Neptune Energy, Wintershall Dea, Occidental Petroleum Corpora
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Cenkos: Oil & Gas Sector -- United Oil & Gas, Falcon Oil & Gas, 88 Energy, NEO Energy, i3 Energy, Kosmos Energy, Hess Corporation, Gran Tierra Energy, Eco (Atlantic) Oil & Gas, Jadestone Energy, Neptune Energy, Wintershall Dea, Occidental Petroleum Corpora
Falcon Oil & Gas Ltd. (FOG:LON), 7.8 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,098 | Empyrean Energy PLC (EME:LON), 0.6 | Trinity Exploration & Production Plc (TRIN:LON), 40.5
- Published:
01 Mar 2021 -
Author:
James McCormack -
Pages:
8
Oil fell the most since November with a stronger dollar and concerns surrounding inflation weighing on crude's best start to the year on record.
Futures in New York declined 3.2% on Friday, with a rising dollar reducing the appeal of commodities priced in the currency. Yet, the US crude benchmark still managed to post a nearly 18% gain this month as inventories worldwide tighten and pockets of demand return. Domestic crude production dropped in 2020 for the first time in four years, according ....