Oil squeezed out its first weekly gain in three on signs that global demand is holding up despite concerns that the renewed spread of the virus could stall the recovery.
Futures in New York rose 0.2% this week, completely recouping a selloff on Monday that was stoked by the rapidly spreading delta variant. Fuel demand and road traffic from the US to Asia and Europe remains resilient, underscoring expectations that the recovery has not been derailed and global inventories will continue to shri ....
26 Jul 2021
Cenkos: Oil & Gas -- Trinity Exploration & Production, United Oil & Gas, Falcon Oil & Gas, PetroTal Corp, JKX Oil & Gas, IOG, Harbour Energy, Reabold Resources, Union Jack Oil, Santos, Oil Search, Kistos, Geopark
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Cenkos: Oil & Gas -- Trinity Exploration & Production, United Oil & Gas, Falcon Oil & Gas, PetroTal Corp, JKX Oil & Gas, IOG, Harbour Energy, Reabold Resources, Union Jack Oil, Santos, Oil Search, Kistos, Geopark
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 | GETECH Group plc (GTC:LON), 8.2 | Trinity Exploration & Production Plc (TRIN:LON), 39.5
- Published:
26 Jul 2021 -
Author:
James McCormack -
Pages:
7
Oil squeezed out its first weekly gain in three on signs that global demand is holding up despite concerns that the renewed spread of the virus could stall the recovery.
Futures in New York rose 0.2% this week, completely recouping a selloff on Monday that was stoked by the rapidly spreading delta variant. Fuel demand and road traffic from the US to Asia and Europe remains resilient, underscoring expectations that the recovery has not been derailed and global inventories will continue to shri ....