A Bullish Catalyst for Oil as 2024 Draws to a Close ...Middle East

While liquidity in oil markets is traditionally very low over the Christmas period, China has provided a bullish catalyst for Brent and WTI this year by announcing its monster $410 billion treasury bond sale.- US natural gas producers are anticipating a reversal of fortunes next year after 2024 saw gas-focused drillers struggle with oversupply and multi-year price lows, dipping as low as $1.60 per mmBtu during the year.- Over the next 12 months, US natural gas production in the Lower 48 states is expected to add around 4 BCf/day and surpass 107…

Hence then, the article about a bullish catalyst for oil as 2024 draws to a close was published today ( Tuesday 24/12/2024 - 03:01 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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