$WTI Crude Oil - main 2402(CLmain)$
Bearlish due to the follow OPEC Production Cut Extension: The Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) agreed to extend their current production cut agreement through June 2024. This decision aims to maintain price stability in the wake of global economic uncertainties.
US LNG Exports Surge: US liquefied natural gas (LNG) exports reached record highs in November, driven by strong European demand and rising gas prices. This trend is expected to continue, with the US poised to become a major global LNG exporter in the coming years.@TigerStars @MillionaireTiger @TigerEvents
Is the Rebound in Oil & Gas Sustainable?
Oil and natural gas prices rose sharply Monday after BP said it would pause all shipments through the Red Sea because of increased attacks on commercial vessels by Houthi militants from Yemen.
-----------
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments