Oil in New York posted its second weekly gain as the impact of Hurricane Ida continues to snarl US oil production, though prices edged
lower Friday following a weak US jobs report.
West Texas Intermediate futures capped a gain 0.8% for the week despite shedding 1% Friday. The deceleration in hiring reflects
growing fears of the delta variant of Covid-19 and complicates a potential decision by the Federal Reserve to begin scaling back
stimulus. Traders exiting positions ahead of the long week ....
06 Sep 2021
Cenkos: Oil & Gas Sector -- Wentworth Resources, Falcon Oil & Gas, 88 Energy, Empyrean Energy, Kistos, Longboat Energy, Hurricane
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Cenkos: Oil & Gas Sector -- Wentworth Resources, Falcon Oil & Gas, 88 Energy, Empyrean Energy, Kistos, Longboat Energy, Hurricane
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:
06 Sep 2021 -
Author:
James McCormack -
Pages:
9
Oil in New York posted its second weekly gain as the impact of Hurricane Ida continues to snarl US oil production, though prices edged
lower Friday following a weak US jobs report.
West Texas Intermediate futures capped a gain 0.8% for the week despite shedding 1% Friday. The deceleration in hiring reflects
growing fears of the delta variant of Covid-19 and complicates a potential decision by the Federal Reserve to begin scaling back
stimulus. Traders exiting positions ahead of the long week ....