Oil fell this week for the first time since May after days of volatile trading in the wake of OPEC+'s stalemate over a production increase in the near term. Futures in New York declined 0.8% this week, although the US crude benchmark closed higher on Friday amid a broader market rebound. Prices whipsawed this week amid ambiguity over the future of the OPEC+ alliance and swings in the US dollar. A stronger dollar makes commodities priced in the currency less attractive to investors.
Oil accele ....
12 Jul 2021
Cenkos: Oil & Gas Sector -- Westmount Energy, Eco (Atlantic) Oil & Gas, Diversified Energy Company, Empyrean Energy, GETECH Group, Petro Matad, i3 Energy, UK Oil & Gas Plc, Kosmos Energy, Enwell Energy, Predator Oil & Gas, Eni SpA, CGX Energy, President En
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Cenkos: Oil & Gas Sector -- Westmount Energy, Eco (Atlantic) Oil & Gas, Diversified Energy Company, Empyrean Energy, GETECH Group, Petro Matad, i3 Energy, UK Oil & Gas Plc, Kosmos Energy, Enwell Energy, Predator Oil & Gas, Eni SpA, CGX Energy, President En
Falcon Oil & Gas Ltd. (FOG:LON), 6.7 | 88 Energy Limited (88E:LON), 0.2 | Diversified Energy Company PLC (DEC:LON), 1,084 | Empyrean Energy PLC (EME:LON), 0.5 | GETECH Group plc (GTC:LON), 8.5 | Trinity Exploration & Production Plc (TRIN:LON), 39.0
- Published:
12 Jul 2021 -
Author:
James McCormack -
Pages:
8
Oil fell this week for the first time since May after days of volatile trading in the wake of OPEC+'s stalemate over a production increase in the near term. Futures in New York declined 0.8% this week, although the US crude benchmark closed higher on Friday amid a broader market rebound. Prices whipsawed this week amid ambiguity over the future of the OPEC+ alliance and swings in the US dollar. A stronger dollar makes commodities priced in the currency less attractive to investors.
Oil accele ....