When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
USL - Inflation Weighting And Valuations All Positive For Energy Names
United States 12 Month Oil
The Baker Hughes Rig Count is higher by 5 oil rigs with the gas rig count unchanged.
Crude Imports have risen from pre-COVID 1.6mil BBL/Day to 3-4mil BBL/Day as the US recovery progressed.
With the economy continuing to expand and fossil fuel consumption globally returning to pre-COVID levels, it is difficult not to imagine oil prices rising with investors seeking an inflation hedge.