HomeBusinessEnergy Sector, Oil, & Gas Stock NewsDemand For Oil Will Improve Due To China Reopening & Summer Travel

Demand For Oil Will Improve Due To China Reopening & Summer Travel

"The West's sanctions on Russia's oil could create a significant gap in the market. I expand the demand for oil to improve further due to the Chinese reopening and summer travel picking up. Supply outages in Libya and Ecuador are exacerbating market tightness," says Rohan Reddy. Stewart Glickman provides his take on Earnings & Profits (E&P) for the energy sector. He is watching Pioneer Natural Resources (PXD) and EOG Resources (EOG) stocks.

Trading 360

29 Jun 2022

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