Oil rose for a fourth week in a row as US Gulf Coast refineries began restarting though gains were capped as investors shifted their focus from the storm toward the fragile rebound in consumption amid the pandemic.
WTI was little changed on Friday and notched a 1.5% gain for the week. While Laura was one of the most powerful hurricanes to ever hit Louisiana, facilities in southeast Texas avoided the worst of the storm, allowing infrastructure there to start the recovery process.
Among thos ....
01 Sep 2020
Cenkos: Oil & Gas Sector -- United Oil & Gas, Falcon Oil & Gas, Getech Group, Neptune Energy, Ithaca Energy, Africa Energy Corp, Independent Oil & Gas, Oil Search, Pharos Energy, Hunting, Lekoil, Egdon Resources, President Energy
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Cenkos: Oil & Gas Sector -- United Oil & Gas, Falcon Oil & Gas, Getech Group, Neptune Energy, Ithaca Energy, Africa Energy Corp, Independent Oil & Gas, Oil Search, Pharos Energy, Hunting, Lekoil, Egdon Resources, President Energy
Falcon Oil & Gas Ltd. (FOG:LON), 6.8 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,082 | Empyrean Energy PLC (EME:LON), 0.5 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
01 Sep 2020 -
Author:
James McCormack -
Pages:
7
Oil rose for a fourth week in a row as US Gulf Coast refineries began restarting though gains were capped as investors shifted their focus from the storm toward the fragile rebound in consumption amid the pandemic.
WTI was little changed on Friday and notched a 1.5% gain for the week. While Laura was one of the most powerful hurricanes to ever hit Louisiana, facilities in southeast Texas avoided the worst of the storm, allowing infrastructure there to start the recovery process.
Among thos ....