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BESSENT: - THE OIL MARKET IS VERY SUPPLIED - WE ARE IN CONTACT WITH COUNTRIES ACROSS THE WORLD...
66 days agoamitamitisinvesting
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The oil market is currently well-supplied with a full Strategic Petroleum Reserve (SPR), signaling an administrative commitment to keeping prices low. In recent trading, natural gas fell 1.5% while oil futures remained flat. The sentiment suggests a bearish outlook for energy prices driven by a focus on U.S. energy dominance and ample supply.

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