Bearish Sentiment Begins To Take Hold In Oil Markets ...Middle East

Economy by : (OILPRICE) -
It has been a quiet start to the week for oil markets, but bearish sentiment is undeniably building as the Delta variant threatens to damage global demand.  Chart of the Week- Oil and gas majors have withstood the immediate ramifications of a sternly-worded IPCC report warning of the dire consequences of climate change quite well.- Energy companies remain the second-most lucrative investment in the S&P 500 pool, having gained 30% over the course of this year, Bloomberg reports.- At the same time, the era of energy stocks soaring above…

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