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Neal Dingmann, Wiliam Blair energy analyst, joins 'Power Lunch' to discuss the stocks Dingmann is interested in in the oil and gas space, how low oil and gas prices could go and much more.
Natural gas slides in a bearish channel while WTI and Brent hold key supports as geopolitical risks and Fed easing bets fuel market volatility.
The crude oil markets are rising a bit in the early hours of Monday, but at this point in time, the markets also have a lot of noisy resistance just above the current levels of trading. Ultiamtely, we are still negative overall, and I am looking forward to seeing signs
Oil prices edged higher on Monday after Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted, while expectations of a cut in U.S. interest rates buoyed the outlook for global growth and fuel demand.
Saudi Arabia is “investing very heavily in tourism infrastructure and opening up the economy, making it easier for people to come and visit,” Khatija Haque, Chief Economist EEMEA at Mastercard Economics Institute, told CNBC's “Access Middle East.”
The EIA report provided support to oil prices.
New research into how microplastics are affecting us is concerning scientists, but the oil and gas industry is relying on plastics for growth.
Geopolitics lifted DAX to a three-week high, yet futures point lower as investors await Fed minutes, ECB outlook, and German price data.
Treasury Secretary Scott Bessent told CNBC on Tuesday that India is "profiteering" from Russian oil, as its purchases have increased substantially compared to before Russia's invasion of Ukraine, and it is reselling a portion of it for profit. Bessent noted that this differs from China's purchasing of Russian oil, as China's purchases have been incremental increases compared to India.
Energy prices slide as oil extends a 10% monthly drop, natural gas stalls under EMAs, and markets await clarity on supply and geopolitical risks.