Why Greenfire Resources (GFR) lose this week

We recently published a list of Energy stocks that are losing this week. In this article, let’s take a look at where Greenfire Resources Ltd. (NYSE: GFR) is against other energy actions that decrease this week.

The energy sector was among the largest beneficiaries of the truce between the United States and China this week, which meant that the price of the Cru de West Texas Intermediate (WTI) met aggressively to cross the mark of $ 63, up to a minimum of $ 57.13 $ 57.13. However, despite the profits, the potential of the other oil remains limited due to an abundant offer after an OPEC+ decision to increase the production in June. In addition, prices are still below the $ 65 rupture brand for most producers operating in the Prolific United States Permian basin, forcing them to stop drilling and reducing jobs.

In addition, despite the fact that Beijing reduced its taxes on US goods to 10% for a period of 90 days, the agreement is unlikely to increase its importance of Energy from the United States. Importing North -American energy -American goods in China disappeared as soon as Beijing put an initial rate of 10% on raw and 15% in GNL and coal in early February, so that these goods will remain in the country even in the lower rate of 10% for the next 90 days. According to Kpler goods analysts, there is no American crude to reach the Chinese ports this month, while only three loads were unloaded in April. American GNL imports have also suffered a similar destination, with Kpler that has not shown any load since February.

A fleet of industrial vehicles that cleans a beach contaminated by an oil spill.

To collect data from this article, we have referred to several bag projectors to find energy actions that have fallen more between May 6 to May 13, 2025. Then Energy stocks that have lost the most this week. Stocks are classified according to the decrease in the price of shares during this period. At Insider Monkey, we are obsessed with the stocks that cover the funds. The reason is simple: our research has shown that we can overcome the market by imitating the best stock options for the best coverage funds. The strategy of our quarterly bulletin selects 14 stocks of small layers and large layers each quarter and has returned 275% since May 2014, surpassing its reference point at 150 percentage points (Check out more details here)).

Decrease in the price of shares between May 6 to May. 13: 5.53%

Ranking at number 6 in our list of Energy stocks that have lost the most this week It is Greenfire Resources Ltd. (NYSE: GFR), a producer of oil sands who actively develops its long -lived and online thermal oil assets in the Athabasca region of Alberta, Canada.