OIL & ENERGY INSIDER
China Sets The Tone In Oil Markets At Year's End Dear Member , Greetings from London. Commodity trading in the festive week between Christmas and New Year has always been very light, however be it for oil markets or for metals at large, China continues to set the tone for overall sentiment. Soaring coronavirus cases (assumed but unreported) as well as the U.S.’ gradual recovery from the past week’s polar freeze have been marginally weighing on prices, bringing WTI below $80 per barrel again. Oilprice Alert: This month's Intelligent Investor looks for unrealized value in the oilfield sector, analyzing two very promising stocks. Sign up today to read that analysis, and if you aren't enjoying it after the first month we'll give you your money back. Thursday, December 29th, 2022 U.S. Gas Output Takes Time to Recover. As swathes of gas-producing basins have cut production by as much as 30% during the severe cold, prime amongst them the Appalachian Basin , i