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What To Expect From Gas Prices In 2024

2023 was a pricy year compared to historical norms, but not as bad as last year, notes Patrick De Haan. He discusses gasoline price trends from 2023, as well as energy market expectations into 2024. He talks about the impact of OPEC+ production cuts and its outlook. He then goes over how M&A in the energy sector impacts gasoline prices. He also outlines the Exxon Mobil (XOM)-Pioneer (PXD) acquisition. Pioneer shareholders will receive 2.3234 shares of Exxon for every Pioneer share they own. Additionally, he looks at the Chevron (CVX)-Hess (HES) deal. Tune in to find out more about the stock market today.

Trading 360

02 Jan 2024

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