PPC

President Energy encouraged by the progress to date

President Energy plc (LON:PPC), the energy company with a diverse portfolio of production and exploration assets focused primarily in Argentina, has announced an update on developments in Rio Negro. Highlights

Trafigura sees oil at $60 thanks to vaccines

Commodity trading giant Trafigura expects a strong rebound in oil demand next year thanks to mass vaccinations, which will push crude oil prices to $55-60 a barrel, Argus Media reported,

Oil markets are finally ready to recover

The oil markets have staged a dramatic rally since early November, with WTI breaking out of a range between the high $30’s and low $40’s for the first time since

Oil heading for a fifth week of gains

Oil prices jumped around 2% on Friday, heading for a fifth week of gains, as major producers agreed on a compromise to continue some cuts to production to cope with