Share

Oil, prices in strong recovery: +10% in 2 sessions

Wti is quoted at 43,3 dollars a barrel, while Brent reached 48,04 – Yesterday in Piazza Affari, oil stocks posted strong increases: Tenaris (+9%) is at the top of the rankings, followed by Eni (+6,3%) and by Saipem (+5,5%)

Oil, prices in strong recovery: +10% in 2 sessions

The crisis of the Petroleum, rebounded by 10% in just two sessions. Now the wtf share at 43,3 dollars a barrel, while the Brent arrived at 48,04.

In the wake of this recovery, yesterday in Piazza Affari oil stocks posted sharp increases: at the top of the ranking is Tenaris (+ 9%), followed by Eni (+6,3%) and from Saipem (+5,5%), which won two orders from Kuwait National Petroleum (Knpc) for the construction works of the new al-Zour refinery in Kuwait worth approximately 1,3 billion dollars pertaining to it.

The awakening in commodity prices has also given wings to other stocks in the sector: Alcoa, aluminum leader, gains 5%, Newfield Exploration, oil extraction, +11%, Cheasepeake Energy, gas and oil, +9 %, Apache +7%. 

comments