Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: US Oil and Gas Production Shows Signs of Flattening Amidst Retreat in Prices ...
US Oil and Gas Production Shows Signs of Flattening Amidst Retreat in Prices
===============
#909cfb47 ver:0.71
US oil and gas production in the United States is flattening as prices retreat. Rising inventories and weaker demand are weighing on investor sentiment. OPEC's plan to increase production may cause friction with Iran. The US rig count remains unchanged, while the Canadian rig count increases. Energy stocks are expected to correct, with a low-risk buying opportunity in Q3/24. US production is likely to remain flat through at least mid-2025 unless there is an unexpected rebound in prices. #OilandGas #OPEC #EnergyStocks #USProduction...
#newstr #UsOilProduction #GasProduction #DrillingRigs #Prices #Growth
https://here.news/story/909cfb47?ver=0.71
===============
#909cfb47 ver:0.71
US oil and gas production in the United States is flattening as prices retreat. Rising inventories and weaker demand are weighing on investor sentiment. OPEC's plan to increase production may cause friction with Iran. The US rig count remains unchanged, while the Canadian rig count increases. Energy stocks are expected to correct, with a low-risk buying opportunity in Q3/24. US production is likely to remain flat through at least mid-2025 unless there is an unexpected rebound in prices. #OilandGas #OPEC #EnergyStocks #USProduction...
#newstr #UsOilProduction #GasProduction #DrillingRigs #Prices #Growth
https://here.news/story/909cfb47?ver=0.71