Workflow
Occidental: Decades Of Growth Ahead
OXYOXY(OXY) Seeking Alpha·2024-04-20 04:47
Anatoly Morozov/iStock via Getty Images Global oil markets remain as uncertain as ever. As we write, tensions between Israel and Iran are escalating, raising concerns about potential disruptions in a key oil-producing region. Meanwhile, in Guyana, output projections continue to rise with new discoveries, amid ongoing uncertainty about Chinese demand trends. It's a delicate balance between supply and demand, with limited price flexibility and constrained inventories. A small misjudgment can send markets  ...