Bullish sentiment is creeping back into oil markets as China continues to open up after Covid, Russia hints at a production cut next year, and a winter storm sweeps across North America.Chart of the Week- Daily natural gas output in the United States has been trending around 90 billion cubic feet this week, some 10% below normal as the extreme cold swept across two-thirds of the country.
- The impact of the freeze was felt most markedly in North Dakota where 300-350,000 b/d of Bakken production remains idled, approximately a third of…Bullish Sentiment Is Building Once Again In Oil Markets
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