A higher likelihood of a soft landing could result in better-than-expected growth in oil demand in 2024, notes Rob Thummel. He discusses the state of the oil and energy market. He forecasts global energy supply and demand. He outlines the 2024 outlook for the energy sector. He highlights that natural gas demand could surge due to low prices. He talks about how U.S. oil supply growth could slow in 2024 and low-cost oil and gas is needed to reduce inflation. He then goes over M&A activity in the energy sector. Tune in to find out more about the stock market today.
Market On Close
21 Dec 2023