Saudi Arabia's warning to OPEC+ cheaters and short-sellers alike helped oil prices stage their biggest weekly rally since June, despite a grim start to the week as industry heavyweights painted a troubling demand picture for the petroleum complex.
Futures in New York rose 10% this week following a show of determination by Saudi Arabia, the most influential nation in the Organisation of Petroleum Exporting Countries, to defend the market on Thursday. The Saudis hinted they are prepared for new ....
21 Sep 2020
Cenkos: Oil & Gas -- Trinity Exploration & Production, Argos Resources, Union Jack Oil, Apache Corporation, Enwell Energy, Caspian Sunrise, Red Emperor Resources, Sterling Energy, Rockhopper Exploration, Deltic Energy, President Energy, Reabold Resources,
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Cenkos: Oil & Gas -- Trinity Exploration & Production, Argos Resources, Union Jack Oil, Apache Corporation, Enwell Energy, Caspian Sunrise, Red Emperor Resources, Sterling Energy, Rockhopper Exploration, Deltic Energy, President Energy, Reabold Resources,
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 | Trinity Exploration & Production Plc (TRIN:LON), 40.0 | Barryroe Offshore Energy PLC (PVDRF:OTC), 0
- Published:
21 Sep 2020 -
Author:
James McCormack -
Pages:
8
Saudi Arabia's warning to OPEC+ cheaters and short-sellers alike helped oil prices stage their biggest weekly rally since June, despite a grim start to the week as industry heavyweights painted a troubling demand picture for the petroleum complex.
Futures in New York rose 10% this week following a show of determination by Saudi Arabia, the most influential nation in the Organisation of Petroleum Exporting Countries, to defend the market on Thursday. The Saudis hinted they are prepared for new ....