Despite the shift toward more sustainable energy solutions, escalating demand for oil and gas coupled with supply reductions and geopolitical instability may trigger a significant surge in prices, leading to a considerable revitalization of the energy industry. To that end, energy stocks Hess Midstream LP (HESM), CrossAmerica Partners LP (CAPL), MRC Global (MRC), and Precision Drilling Corporation (PDS) could be ideal watchlist additions. Read on….
With escalating global energy demands and constricted supply levels, crude oil prices in 2024 are predicted to remain closely aligned with those of the previous year. Additionally, potential surges could occur amid heightened geopolitical instability, including escalating conflicts in the Middle East and seaborne attacks
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