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Fill Your Tank: 3 Oil & Gas Stocks Primed to Gush in 2024
DVNDevon Energy(DVN) InvestorPlace·2024-03-06 18:38

To say that market optimism, global production disruptions, and geopolitical tensions are all to blame for the recent spike in oil prices is correct. The rally started because of the risks in the Middle East and Russia and the disruption in global production, but has spread as investors have grown more bullish on commodities, generally.Recent declines in oil prices appear to be due to technical factors. That said, in early 2024, supply disruptions and ongoing geopolitical threats might sustain oil prices. F ...